W. Bush
announced today that India will become the first country to participate on the government
steering committee for the U.S. Department of Energy's FutureGen project an
initiative to build and operate the world's first coal-based power plant that removes and
sequesters carbon dioxide (CO2) while it produces electricity and hydrogen. As a
partner, the Indian government will contribute $10 million to the FutureGen Initiative and
Indian companies will also be invited to participate in the private sector segment.
"We welcome India in to our effort to build the first zero-emissions coal power
plant," Secretary of Energy Samuel Bodman said. "The success of the
FutureGen Initiative will lead to the effective and environmentally clean use of coal to
power economies around the globe."
FutureGen will use coal a low-cost, abundant, and geographically diverse energy
resource to globally supply clean energy. The FutureGen Initiative is a
10-year effort announced by President Bush in 2003 to integrate advanced coal gasification
technology, hydrogen from coal, power generation, carbon dioxide capture, and geologic
storage.
Secretary Bodman has invited government leaders of the multi-national Carbon Sequestration
Leadership Forum (CSLF) to become active participants in the FutureGen project. The
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