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ISSUE. THANKS SO MUCH FOR JOINING US. I AM H. WAYNE WILSON.
THANKS SO MUCH FOR JOINING US. I AM H. WAYNE WILSON. FOR THE NEXT HALF-HOUR, WE WILL
I AM H. WAYNE WILSON. FOR THE NEXT HALF-HOUR, WE WILL BE TALKING ABOUT COAL.
FOR THE NEXT HALF-HOUR, WE WILL BE TALKING ABOUT COAL. ILLINOIS HAS AN AWFUL ALL RIGHT
BE TALKING ABOUT COAL. ILLINOIS HAS AN AWFUL ALL RIGHT OF OF COAL, MORE THAN WE MIGHT
ILLINOIS HAS AN AWFUL ALL RIGHT OF OF COAL, MORE THAN WE MIGHT IMAGINE.
OF OF COAL, MORE THAN WE MIGHT IMAGINE. WE WILL BE TALKING ABOUT THE USE
IMAGINE. WE WILL BE TALKING ABOUT THE USE OF COAL IN THE FUTURE AND A
WE WILL BE TALKING ABOUT THE USE OF COAL IN THE FUTURE AND A COUPLE OF WAYS WE MIGHT BE ABLE
OF COAL IN THE FUTURE AND A COUPLE OF WAYS WE MIGHT BE ABLE TO USE COAL.
COUPLE OF WAYS WE MIGHT BE ABLE TO USE COAL. THE BURNING OF COAL EMITS FOUR
TO USE COAL. THE BURNING OF COAL EMITS FOUR DIFFERENT GASES THAT AREN'T
THE BURNING OF COAL EMITS FOUR DIFFERENT GASES THAT AREN'T NECESSARILY GOOD FOR OUR HEALTH
DIFFERENT GASES THAT AREN'T NECESSARILY GOOD FOR OUR HEALTH OR FOR THE ENVIRONMENT.
NECESSARILY GOOD FOR OUR HEALTH OR FOR THE ENVIRONMENT. WE WILL BE TALKING ABOUT CO2 IN
OR FOR THE ENVIRONMENT. WE WILL BE TALKING ABOUT CO2 IN PARTICULAR, CASH DIOXIDE AND HOW
WE WILL BE TALKING ABOUT CO2 IN PARTICULAR, CASH DIOXIDE AND HOW WE MIGHT SEE QUESTER IT DEEP IN
PARTICULAR, CASH DIOXIDE AND HOW WE MIGHT SEE QUESTER IT DEEP IN THE EARTH.
WE MIGHT SEE QUESTER IT DEEP IN THE EARTH. TO TALK ABOUT THAT, WE HAVE
THE EARTH. TO TALK ABOUT THAT, WE HAVE THREE EXPERTS, BILL HOBACK IS
TO TALK ABOUT THAT, WE HAVE THREE EXPERTS, BILL HOBACK IS WITH US.
THREE EXPERTS, BILL HOBACK IS WITH US. BILL IS THE COAL DEVELOPMENT
WITH US. BILL IS THE COAL DEVELOPMENT OFFICE AT THE ILLINOIS
BILL IS THE COAL DEVELOPMENT OFFICE AT THE ILLINOIS DEPARTMENT OF COMMERCE AND
OFFICE AT THE ILLINOIS DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY.
DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY. THANK YOU SO MUCH FOR BEING NEXT
ECONOMIC OPPORTUNITY. THANK YOU SO MUCH FOR BEING NEXT TO US.
THANK YOU SO MUCH FOR BEING NEXT TO US. SITTING NEXT TO HIM IS SALLY
TO US. SITTING NEXT TO HIM IS SALLY GREEN BERG.
SITTING NEXT TO HIM IS SALLY GREEN BERG. >>SHE IS THE SEQUESTRATION
GREEN BERG. >>SHE IS THE SEQUESTRATION COORDINATOR, BUT WITH THE
>>SHE IS THE SEQUESTRATION COORDINATOR, BUT WITH THE GEOLOGICAL SURVEY.
COORDINATOR, BUT WITH THE GEOLOGICAL SURVEY. >> NICE TO BE HERE.
GEOLOGICAL SURVEY. >> NICE TO BE HERE. >>PHIL GONET IS WITH THE
>> NICE TO BE HERE. >>PHIL GONET IS WITH THE ILLINOIS COAL ASSOCIATION WHERE
>>PHIL GONET IS WITH THE ILLINOIS COAL ASSOCIATION WHERE HE IS THE PRESIDENT OF THAT
ILLINOIS COAL ASSOCIATION WHERE HE IS THE PRESIDENT OF THAT ORGANIZATION.
HE IS THE PRESIDENT OF THAT ORGANIZATION. THANK YOU ALL.
ORGANIZATION. THANK YOU ALL. THEY HAVE ALL TRAVELED A
THANK YOU ALL. THEY HAVE ALL TRAVELED A DISTANCE.
THEY HAVE ALL TRAVELED A DISTANCE. SO WE THANK YOU FOR MATCHING
DISTANCE. SO WE THANK YOU FOR MATCHING SCHEDULES AND HERE TO DISCUSS A
SO WE THANK YOU FOR MATCHING SCHEDULES AND HERE TO DISCUSS A VERY IMPORTANT TOPIC.
SCHEDULES AND HERE TO DISCUSS A VERY IMPORTANT TOPIC. >>HAPPY TO BE HERE.
VERY IMPORTANT TOPIC. >>HAPPY TO BE HERE. >>HOW MUCH COAL DOES ILLINOIS
>>HAPPY TO BE HERE. >>HOW MUCH COAL DOES ILLINOIS HAVE?
>>HOW MUCH COAL DOES ILLINOIS HAVE? >>WELL, IF YOU LOOK, GRAND
HAVE? >>WELL, IF YOU LOOK, GRAND TOTAL, AND SEVERAL SEAMS THAT
>>WELL, IF YOU LOOK, GRAND TOTAL, AND SEVERAL SEAMS THAT RUN THROUGHOUT STATE OF
TOTAL, AND SEVERAL SEAMS THAT RUN THROUGHOUT STATE OF ILLINOIS, YOU ARE TALKING ABOUT
RUN THROUGHOUT STATE OF ILLINOIS, YOU ARE TALKING ABOUT 200 MILLION -- OR BILLION TONS
ILLINOIS, YOU ARE TALKING ABOUT 200 MILLION -- OR BILLION TONS OF COAL, 100 BILL TONS OF
200 MILLION -- OR BILLION TONS OF COAL, 100 BILL TONS OF RECOVERABLE COAL.
OF COAL, 100 BILL TONS OF RECOVERABLE COAL. >>HOW MUCH IS THAT?
RECOVERABLE COAL. >>HOW MUCH IS THAT? IS THAT A LOT?
>>HOW MUCH IS THAT? IS THAT A LOT? >> THAT'S A LOT, H.
IS THAT A LOT? >> THAT'S A LOT, H. TO PUT IT IN PERSPECTIVE, TWO
>> THAT'S A LOT, H. TO PUT IT IN PERSPECTIVE, TWO THINGS I OFTEN USE TO COMPARE IT
TO PUT IT IN PERSPECTIVE, TWO THINGS I OFTEN USE TO COMPARE IT WITH.
THINGS I OFTEN USE TO COMPARE IT WITH. THE ENERGY CONTENT OF OUR COAL
WITH. THE ENERGY CONTENT OF OUR COAL IS GREATER THAN THE ENERGY
THE ENERGY CONTENT OF OUR COAL IS GREATER THAN THE ENERGY CONTENT OF THE OIL IN SAUDI
IS GREATER THAN THE ENERGY CONTENT OF THE OIL IN SAUDI ARABIA AND KUWAIT COMBINED.
CONTENT OF THE OIL IN SAUDI ARABIA AND KUWAIT COMBINED. NOW, TO PUT IT IN HAD ANOTHER
ARABIA AND KUWAIT COMBINED. NOW, TO PUT IT IN HAD ANOTHER PERSPECTIVE, OUR COUNTRY USED
NOW, TO PUT IT IN HAD ANOTHER PERSPECTIVE, OUR COUNTRY USED 1.1 BILLION TONS OF COAL LAST
PERSPECTIVE, OUR COUNTRY USED 1.1 BILLION TONS OF COAL LAST YEAR.
1.1 BILLION TONS OF COAL LAST YEAR. ILLINOIS ALONE, HAS ENOUGH COAL,
YEAR. ILLINOIS ALONE, HAS ENOUGH COAL, RECOVERABLE COAL TO MEET THE
ILLINOIS ALONE, HAS ENOUGH COAL, RECOVERABLE COAL TO MEET THE NATION'S NEED FOR COAL FOR
RECOVERABLE COAL TO MEET THE NATION'S NEED FOR COAL FOR ALMOST A HUNDRED YEARS.
NATION'S NEED FOR COAL FOR ALMOST A HUNDRED YEARS. THAT'S A LOT OF COAL.
ALMOST A HUNDRED YEARS. THAT'S A LOT OF COAL. >>THERE IS A LOST OF COAL.
THAT'S A LOT OF COAL. >>THERE IS A LOST OF COAL. AT LOVE ENERGY, A LOT OF BTU'S,
>>THERE IS A LOST OF COAL. AT LOVE ENERGY, A LOT OF BTU'S, BUT THE PROBLEM IS WHEN YOU BURN
AT LOVE ENERGY, A LOT OF BTU'S, BUT THE PROBLEM IS WHEN YOU BURN COAL, YOU EMIT SOME GASES.
BUT THE PROBLEM IS WHEN YOU BURN COAL, YOU EMIT SOME GASES. WHAT ARE THOSE GASES, AND WHY
COAL, YOU EMIT SOME GASES. WHAT ARE THOSE GASES, AND WHY ARE THEY BAD?
WHAT ARE THOSE GASES, AND WHY ARE THEY BAD? >> THERE ARE SEVERAL GASES
ARE THEY BAD? >> THERE ARE SEVERAL GASES EMITTED WHEN YOU BURN COAL
>> THERE ARE SEVERAL GASES EMITTED WHEN YOU BURN COAL DEPENDING UPON THE CONTENT OF
EMITTED WHEN YOU BURN COAL DEPENDING UPON THE CONTENT OF THE COAL AND THE PROCESS YOU USE
DEPENDING UPON THE CONTENT OF THE COAL AND THE PROCESS YOU USE TO COMBUST IT.
THE COAL AND THE PROCESS YOU USE TO COMBUST IT. SULFUR DIOXIDE, NITROGEN
TO COMBUST IT. SULFUR DIOXIDE, NITROGEN COMPOUNDS REFERRED TO AS NOX,
SULFUR DIOXIDE, NITROGEN COMPOUNDS REFERRED TO AS NOX, AND THERE IS MERCURY AND CARBON
COMPOUNDS REFERRED TO AS NOX, AND THERE IS MERCURY AND CARBON DIOXIDE.
AND THERE IS MERCURY AND CARBON DIOXIDE. I THINK THAT NOT ALL GASES ARE
DIOXIDE. I THINK THAT NOT ALL GASES ARE BAD.
I THINK THAT NOT ALL GASES ARE BAD. CERTAINLY WHEN WE SPEAK ABOUT
BAD. CERTAINLY WHEN WE SPEAK ABOUT CARBON DIOXIDE, THE GREENHOUSE
CERTAINLY WHEN WE SPEAK ABOUT CARBON DIOXIDE, THE GREENHOUSE CARBON DIOXIDE AND OTHER GASES
CARBON DIOXIDE, THE GREENHOUSE CARBON DIOXIDE AND OTHER GASES ARE ESSENTIAL TO LIFE.
CARBON DIOXIDE AND OTHER GASES ARE ESSENTIAL TO LIFE. THERE IS A REASON WE ARE HERE
ARE ESSENTIAL TO LIFE. THERE IS A REASON WE ARE HERE AND HAVE AN ATMOSPHERE IN WHICH
THERE IS A REASON WE ARE HERE AND HAVE AN ATMOSPHERE IN WHICH WE CAN LIVE IN.
AND HAVE AN ATMOSPHERE IN WHICH WE CAN LIVE IN. WE REGULATE GASES LIKE SULFUR
WE CAN LIVE IN. WE REGULATE GASES LIKE SULFUR DIOXIDE, NITROGEN COMPOUNDS AND
WE REGULATE GASES LIKE SULFUR DIOXIDE, NITROGEN COMPOUNDS AND MERCURY BECAUSE THEY CAN BE
DIOXIDE, NITROGEN COMPOUNDS AND MERCURY BECAUSE THEY CAN BE DANGEROUS TO OUR HEALTH AND
MERCURY BECAUSE THEY CAN BE DANGEROUS TO OUR HEALTH AND CAUSE ACID RAIN.
DANGEROUS TO OUR HEALTH AND CAUSE ACID RAIN. >>IN THE PAST, WE HAVE HEARD THE
CAUSE ACID RAIN. >>IN THE PAST, WE HAVE HEARD THE DIFFERENTIATION BETWEEN ILLINOIS
>>IN THE PAST, WE HAVE HEARD THE DIFFERENTIATION BETWEEN ILLINOIS COAL AND WESTERN COAL.
DIFFERENTIATION BETWEEN ILLINOIS COAL AND WESTERN COAL. THAT'S PRIMARILY A SULFUR ISSUE?
COAL AND WESTERN COAL. THAT'S PRIMARILY A SULFUR ISSUE? >> YES, SULFUR CONTENT OF
THAT'S PRIMARILY A SULFUR ISSUE? >> YES, SULFUR CONTENT OF WESTERN COAL IS A LOT LESS THAN
>> YES, SULFUR CONTENT OF WESTERN COAL IS A LOT LESS THAN THE SULFUR CONTENT IN ILLINOIS
WESTERN COAL IS A LOT LESS THAN THE SULFUR CONTENT IN ILLINOIS COAL.
THE SULFUR CONTENT IN ILLINOIS COAL. SADLY, THAT HAD A BIG NEGATIVE
COAL. SADLY, THAT HAD A BIG NEGATIVE IMPACT ON THE ILLINOIS COAL
SADLY, THAT HAD A BIG NEGATIVE IMPACT ON THE ILLINOIS COAL INDUSTRY.
IMPACT ON THE ILLINOIS COAL INDUSTRY. WE WENT FROM PRODUCING ABOUT
INDUSTRY. WE WENT FROM PRODUCING ABOUT 62 MILLION TONS OF COAL IN 1990
WE WENT FROM PRODUCING ABOUT 62 MILLION TONS OF COAL IN 1990 WHEN THE CLEAN AIR ACT KICKED
62 MILLION TONS OF COAL IN 1990 WHEN THE CLEAN AIR ACT KICKED IN, AND THE EMISSION LIMITS ON
WHEN THE CLEAN AIR ACT KICKED IN, AND THE EMISSION LIMITS ON SO2 STARTED TO BE PHASED IN TO
IN, AND THE EMISSION LIMITS ON SO2 STARTED TO BE PHASED IN TO 31 MILLION TONS OF COAL IN 2003.
SO2 STARTED TO BE PHASED IN TO 31 MILLION TONS OF COAL IN 2003. SO OUR PRODUCTION DECLINED 50%,
31 MILLION TONS OF COAL IN 2003. SO OUR PRODUCTION DECLINED 50%, AND THAT WAS REPLACED BY COLD
SO OUR PRODUCTION DECLINED 50%, AND THAT WAS REPLACED BY COLD FROM WYOMING WHICH HAD LOWER
AND THAT WAS REPLACED BY COLD FROM WYOMING WHICH HAD LOWER SULFUR CONTENT.
FROM WYOMING WHICH HAD LOWER SULFUR CONTENT. >>WHEN WE BURN WESTERN COAL,
SULFUR CONTENT. >>WHEN WE BURN WESTERN COAL, ILLINOIS COAL, ESSENTIALLY THE
>>WHEN WE BURN WESTERN COAL, ILLINOIS COAL, ESSENTIALLY THE CO2 COMING OFF IS THE SAME?
ILLINOIS COAL, ESSENTIALLY THE CO2 COMING OFF IS THE SAME? NO ADVANTAGE TO WESTERN COAL.
CO2 COMING OFF IS THE SAME? NO ADVANTAGE TO WESTERN COAL. >>NO ADVANTAGE.
NO ADVANTAGE TO WESTERN COAL. >>NO ADVANTAGE. >>WELL, UNLESS YOU THINK ABOUT
>>NO ADVANTAGE. >>WELL, UNLESS YOU THINK ABOUT THE FACT THERE IS LESS BTU'S IN
>>WELL, UNLESS YOU THINK ABOUT THE FACT THERE IS LESS BTU'S IN THE WESTERN KEEL COAL.
THE FACT THERE IS LESS BTU'S IN THE WESTERN KEEL COAL. IN REALITY, IT TAKES MORE
THE WESTERN KEEL COAL. IN REALITY, IT TAKES MORE WESTERN COAL TO GENERATE THE
IN REALITY, IT TAKES MORE WESTERN COAL TO GENERATE THE SAME AMOUNT OF BTU'S IN ILLINOIS
WESTERN COAL TO GENERATE THE SAME AMOUNT OF BTU'S IN ILLINOIS COAL.
SAME AMOUNT OF BTU'S IN ILLINOIS COAL. AT THE END OF THE DAY,
COAL. AT THE END OF THE DAY, GENERATION OF ELECTRICITY, THERE
AT THE END OF THE DAY, GENERATION OF ELECTRICITY, THERE IS MORE CO2 COMING OFF THE
GENERATION OF ELECTRICITY, THERE IS MORE CO2 COMING OFF THE WESTERN COAL USE.
IS MORE CO2 COMING OFF THE WESTERN COAL USE. >>YOU MENTIONED BURNING COAL FOR
WESTERN COAL USE. >>YOU MENTIONED BURNING COAL FOR PRODUCING ELECTRICITY FOR
>>YOU MENTIONED BURNING COAL FOR PRODUCING ELECTRICITY FOR REFERENCE, 49% OF THE U.S.
PRODUCING ELECTRICITY FOR REFERENCE, 49% OF THE U.S. ENERGY GENERATION COMES FROM
REFERENCE, 49% OF THE U.S. ENERGY GENERATION COMES FROM COAL.
ENERGY GENERATION COMES FROM COAL. THERE IS SOME OTHER NUMBERS,
COAL. THERE IS SOME OTHER NUMBERS, HIGH AS 54%, BUT LETS ASSUME
THERE IS SOME OTHER NUMBERS, HIGH AS 54%, BUT LETS ASSUME HALF OF ALL ENERGY -- ALL
HIGH AS 54%, BUT LETS ASSUME HALF OF ALL ENERGY -- ALL ELECTRIC ENERGY PRODUCED IN
HALF OF ALL ENERGY -- ALL ELECTRIC ENERGY PRODUCED IN AMERICA COMES FROM COAL IT VERY
ELECTRIC ENERGY PRODUCED IN AMERICA COMES FROM COAL IT VERY IMPORTANT.
AMERICA COMES FROM COAL IT VERY IMPORTANT. >>H, IF I CAN ADD SOMETHING
IMPORTANT. >>H, IF I CAN ADD SOMETHING THERE.
>>H, IF I CAN ADD SOMETHING THERE. THAT'S THE CURRENT USE OF COAL.
THERE. THAT'S THE CURRENT USE OF COAL. THE ENERGY INFORMATION
THAT'S THE CURRENT USE OF COAL. THE ENERGY INFORMATION ADMINISTRATION PROJECTS THAT OUR
THE ENERGY INFORMATION ADMINISTRATION PROJECTS THAT OUR NATION DEMAND FORM ENERGY WILL
ADMINISTRATION PROJECTS THAT OUR NATION DEMAND FORM ENERGY WILL INCREASE 40% BY THE YEAR 2030.
NATION DEMAND FORM ENERGY WILL INCREASE 40% BY THE YEAR 2030. 40% IN THE NEXT 20 PLUS YEARS.
INCREASE 40% BY THE YEAR 2030. 40% IN THE NEXT 20 PLUS YEARS. WHERE IS THAT ENERGY GOING TO
40% IN THE NEXT 20 PLUS YEARS. WHERE IS THAT ENERGY GOING TO COME FROM?
WHERE IS THAT ENERGY GOING TO COME FROM? SO THE POINT THAT WE OFTEN MAKE
COME FROM? SO THE POINT THAT WE OFTEN MAKE IS IT HAS TO BE THE WHOLE ARRAY
SO THE POINT THAT WE OFTEN MAKE IS IT HAS TO BE THE WHOLE ARRAY OF ENERGY OPTIONS.
IS IT HAS TO BE THE WHOLE ARRAY OF ENERGY OPTIONS. AND COAL HAS TO BE PART OF THAT
OF ENERGY OPTIONS. AND COAL HAS TO BE PART OF THAT MIX ESPECIALLY IF WE ARE AT
AND COAL HAS TO BE PART OF THAT MIX ESPECIALLY IF WE ARE AT ABOUT 50% RIGHT NOW.
MIX ESPECIALLY IF WE ARE AT ABOUT 50% RIGHT NOW. >>COAL WOULD BE EARLY PART OF
ABOUT 50% RIGHT NOW. >>COAL WOULD BE EARLY PART OF THAT MIX AS WE LOOK AT
>>COAL WOULD BE EARLY PART OF THAT MIX AS WE LOOK AT ALTERNATIVE FORMS OF ENERGY?
THAT MIX AS WE LOOK AT ALTERNATIVE FORMS OF ENERGY? >> I THINK WE LOOK AT -- WE HAVE
ALTERNATIVE FORMS OF ENERGY? >> I THINK WE LOOK AT -- WE HAVE TO LOOK AT THE BALANCE BETWEEN
>> I THINK WE LOOK AT -- WE HAVE TO LOOK AT THE BALANCE BETWEEN WHAT OUR ENERGY NEEDS AND OUR
TO LOOK AT THE BALANCE BETWEEN WHAT OUR ENERGY NEEDS AND OUR ENVIRONMENTAL NEEDS ARE AND HOW
WHAT OUR ENERGY NEEDS AND OUR ENVIRONMENTAL NEEDS ARE AND HOW WE ARE GOING TO BUILD A BALANCED
ENVIRONMENTAL NEEDS ARE AND HOW WE ARE GOING TO BUILD A BALANCED PORTFOLIO AS PHIL MENTIONED OF
WE ARE GOING TO BUILD A BALANCED PORTFOLIO AS PHIL MENTIONED OF ENERGY OPTIONS.
PORTFOLIO AS PHIL MENTIONED OF ENERGY OPTIONS. COAL IS CERTAINLY IN GREAT
ENERGY OPTIONS. COAL IS CERTAINLY IN GREAT ABUNDANCE HERE IN ILLINOIS, AND
COAL IS CERTAINLY IN GREAT ABUNDANCE HERE IN ILLINOIS, AND AVAILABLE TO US AND A RESOURCE
ABUNDANCE HERE IN ILLINOIS, AND AVAILABLE TO US AND A RESOURCE WE ARE FAMILIAR WITH USING.
AVAILABLE TO US AND A RESOURCE WE ARE FAMILIAR WITH USING. IN LOOKING FOR CLEAN WAYS, CLEAN
WE ARE FAMILIAR WITH USING. IN LOOKING FOR CLEAN WAYS, CLEAN COAL TECHNOLOGIES TO COMBINE
IN LOOKING FOR CLEAN WAYS, CLEAN COAL TECHNOLOGIES TO COMBINE WITH THAT MIX AND THE USE OF
COAL TECHNOLOGIES TO COMBINE WITH THAT MIX AND THE USE OF HIGH TRO AGAIN FUELS, I KNOW
WITH THAT MIX AND THE USE OF HIGH TRO AGAIN FUELS, I KNOW THERE ARE ALTERNATIVES, BUT WE
HIGH TRO AGAIN FUELS, I KNOW THERE ARE ALTERNATIVES, BUT WE NEED TIME TO DEVELOP SOME OF
THERE ARE ALTERNATIVES, BUT WE NEED TIME TO DEVELOP SOME OF THOSE ENERGY OPTIONS AS WE MOVE
NEED TIME TO DEVELOP SOME OF THOSE ENERGY OPTIONS AS WE MOVE FORWARD.
THOSE ENERGY OPTIONS AS WE MOVE FORWARD. >>SEVERAL YEARS AGO, JOSEPH
FORWARD. >>SEVERAL YEARS AGO, JOSEPH RAHM, ACTING ASSISTANT SECRETARY
>>SEVERAL YEARS AGO, JOSEPH RAHM, ACTING ASSISTANT SECRETARY OF ENERGY IN THE CLINTON
RAHM, ACTING ASSISTANT SECRETARY OF ENERGY IN THE CLINTON ADMINISTRATION, SAID THE
OF ENERGY IN THE CLINTON ADMINISTRATION, SAID THE FOLLOWING, "THE U.S. CLEARLY
ADMINISTRATION, SAID THE FOLLOWING, "THE U.S. CLEARLY WILL HAVE A CARBON TRADING
FOLLOWING, "THE U.S. CLEARLY WILL HAVE A CARBON TRADING SYSTEM IN THE NEAR FUTURE."
WILL HAVE A CARBON TRADING SYSTEM IN THE NEAR FUTURE." WHAT IS A CARBON TRADING SYSTEM?
SYSTEM IN THE NEAR FUTURE." WHAT IS A CARBON TRADING SYSTEM? >> BASICALLY THE EASIEST WAY TO
WHAT IS A CARBON TRADING SYSTEM? >> BASICALLY THE EASIEST WAY TO THINK BACK IS WHEN THE CLEAN AIR
>> BASICALLY THE EASIEST WAY TO THINK BACK IS WHEN THE CLEAN AIR ACT CAME IN.
THINK BACK IS WHEN THE CLEAN AIR ACT CAME IN. THEY HAD A CAP AND TRADE SYSTEM
ACT CAME IN. THEY HAD A CAP AND TRADE SYSTEM FOR SULFUR DIOXIDE.
THEY HAD A CAP AND TRADE SYSTEM FOR SULFUR DIOXIDE. THEY SET A LIMIT, AND THEY LOOK
FOR SULFUR DIOXIDE. THEY SET A LIMIT, AND THEY LOOK OVER AND CAN EITHER GENERATE
THEY SET A LIMIT, AND THEY LOOK OVER AND CAN EITHER GENERATE THROUGH THE UTILITIES AS ENTIRE
OVER AND CAN EITHER GENERATE THROUGH THE UTILITIES AS ENTIRE UTILITY INSTEAD OF LIMIT OR DO
THROUGH THE UTILITIES AS ENTIRE UTILITY INSTEAD OF LIMIT OR DO IT BY PLANT.
UTILITY INSTEAD OF LIMIT OR DO IT BY PLANT. THEY WILL SET A LIMIT, AND
IT BY PLANT. THEY WILL SET A LIMIT, AND BASICALLY HAVE CREDITS ARE
THEY WILL SET A LIMIT, AND BASICALLY HAVE CREDITS ARE AVAILABLE IN THE EARLY STAGES
BASICALLY HAVE CREDITS ARE AVAILABLE IN THE EARLY STAGES FOR THOSE PLANTS, AND IF THEY
AVAILABLE IN THE EARLY STAGES FOR THOSE PLANTS, AND IF THEY INCREASE EMISSIONS, THEY HAVE TO
FOR THOSE PLANTS, AND IF THEY INCREASE EMISSIONS, THEY HAVE TO BUY CREDITS.
INCREASE EMISSIONS, THEY HAVE TO BUY CREDITS. IF THEY CAN REDUCE THE EMISSIONS
BUY CREDITS. IF THEY CAN REDUCE THE EMISSIONS BY PUT NEW TECHNOLOGIES ON, THEY
IF THEY CAN REDUCE THE EMISSIONS BY PUT NEW TECHNOLOGIES ON, THEY ACTUALLY GET THE CREDITS TO BE
BY PUT NEW TECHNOLOGIES ON, THEY ACTUALLY GET THE CREDITS TO BE ABLE TO USE TO EXPAND THEIR
ACTUALLY GET THE CREDITS TO BE ABLE TO USE TO EXPAND THEIR OPERATIONS OR TO SELL THEM FOR
ABLE TO USE TO EXPAND THEIR OPERATIONS OR TO SELL THEM FOR OTHER FOLKS THAT NEED THOSE
OPERATIONS OR TO SELL THEM FOR OTHER FOLKS THAT NEED THOSE CREDITS.
OTHER FOLKS THAT NEED THOSE CREDITS. IT IS A WAY OF PUTTING A CAP OF
CREDITS. IT IS A WAY OF PUTTING A CAP OF EMISSIONS OF ANY PARTICULAR
IT IS A WAY OF PUTTING A CAP OF EMISSIONS OF ANY PARTICULAR CHEMICAL OR EMISSION.
EMISSIONS OF ANY PARTICULAR CHEMICAL OR EMISSION. IT CAN GENERATE HUGE AMOUNTS OF
CHEMICAL OR EMISSION. IT CAN GENERATE HUGE AMOUNTS OF MONEY OR IT CAN COST COMPANIES
IT CAN GENERATE HUGE AMOUNTS OF MONEY OR IT CAN COST COMPANIES HUGE AMOUNTS OF MONEY.
MONEY OR IT CAN COST COMPANIES HUGE AMOUNTS OF MONEY. >>CAP AND TRADE A GOOD THING AS
HUGE AMOUNTS OF MONEY. >>CAP AND TRADE A GOOD THING AS FAR AS THE COAL INDUSTRY IS A
>>CAP AND TRADE A GOOD THING AS FAR AS THE COAL INDUSTRY IS A GOOD THING?
FAR AS THE COAL INDUSTRY IS A GOOD THING? >> IT HAS WORKED SOMEWHAT WELL
GOOD THING? >> IT HAS WORKED SOMEWHAT WELL FOR SULFUR DIOXIDE AS BILL
>> IT HAS WORKED SOMEWHAT WELL FOR SULFUR DIOXIDE AS BILL EXPLAINED.
FOR SULFUR DIOXIDE AS BILL EXPLAINED. IT REALLY HURT THE ILLINOIS COAL
EXPLAINED. IT REALLY HURT THE ILLINOIS COAL INDUSTRY, UNFORTUNATELY FOR US
IT REALLY HURT THE ILLINOIS COAL INDUSTRY, UNFORTUNATELY FOR US IN ILLINOIS, THE POWER PLANTS
INDUSTRY, UNFORTUNATELY FOR US IN ILLINOIS, THE POWER PLANTS CHOSE TO SWITCH TO WESTERN COAL
IN ILLINOIS, THE POWER PLANTS CHOSE TO SWITCH TO WESTERN COAL WITH LOWER SULFUR CONTENT THAN
CHOSE TO SWITCH TO WESTERN COAL WITH LOWER SULFUR CONTENT THAN BUILD SCRUBBERS THAT WOULD
WITH LOWER SULFUR CONTENT THAN BUILD SCRUBBERS THAT WOULD ENABLE THEM TO CONTINUE TO BURN
BUILD SCRUBBERS THAT WOULD ENABLE THEM TO CONTINUE TO BURN ILLINOIS COAL.
ENABLE THEM TO CONTINUE TO BURN ILLINOIS COAL. WITH CO2, YOU DON'T HAVE THAT
ILLINOIS COAL. WITH CO2, YOU DON'T HAVE THAT DIFFERENCE OR THAT DISTINCTION
WITH CO2, YOU DON'T HAVE THAT DIFFERENCE OR THAT DISTINCTION BETWEEN THE TWO.
DIFFERENCE OR THAT DISTINCTION BETWEEN THE TWO. SO I THINK WE WILL HAVE A MORE
BETWEEN THE TWO. SO I THINK WE WILL HAVE A MORE LEVEL PLAYING FIELD AS WE CON
SO I THINK WE WILL HAVE A MORE LEVEL PLAYING FIELD AS WE CON STRAIN CO2.
LEVEL PLAYING FIELD AS WE CON STRAIN CO2. A COUPLE OF THE MEASURES THAT WE
STRAIN CO2. A COUPLE OF THE MEASURES THAT WE HAVE SEEN OUT THERE ARE LIMITS.
A COUPLE OF THE MEASURES THAT WE HAVE SEEN OUT THERE ARE LIMITS. THE CAP MEANS THERE IS A LIMIT.
HAVE SEEN OUT THERE ARE LIMITS. THE CAP MEANS THERE IS A LIMIT. THE LIMITS THAT WE HAVE SEEN,
THE CAP MEANS THERE IS A LIMIT. THE LIMITS THAT WE HAVE SEEN, TALKED ABOUT ARE TO BE AT 1990
THE LIMITS THAT WE HAVE SEEN, TALKED ABOUT ARE TO BE AT 1990 EMISSION AMOUNTS OF OF CO2 BY
TALKED ABOUT ARE TO BE AT 1990 EMISSION AMOUNTS OF OF CO2 BY THE YEAR 2025.
EMISSION AMOUNTS OF OF CO2 BY THE YEAR 2025. THEN THE BY YEAR 2050, TO BE
THE YEAR 2025. THEN THE BY YEAR 2050, TO BE MAYBE 40% OF THAT LIMIT.
THEN THE BY YEAR 2050, TO BE MAYBE 40% OF THAT LIMIT. SO WHAT YOU HAVE TO DO, WE
MAYBE 40% OF THAT LIMIT. SO WHAT YOU HAVE TO DO, WE EXACTLY HOW MANY TONS OF CO2 ARE
SO WHAT YOU HAVE TO DO, WE EXACTLY HOW MANY TONS OF CO2 ARE EMITTED FROM STATIONARY SOURCES
EXACTLY HOW MANY TONS OF CO2 ARE EMITTED FROM STATIONARY SOURCES THAT IS MEASURABLE.
EMITTED FROM STATIONARY SOURCES THAT IS MEASURABLE. WHAT IS THE POLICY -- HOW MUCH
THAT IS MEASURABLE. WHAT IS THE POLICY -- HOW MUCH YOU WANT TO BRING THAT DOWN, AND
WHAT IS THE POLICY -- HOW MUCH YOU WANT TO BRING THAT DOWN, AND THEN WHAT DO YOU CHARGE FOR
YOU WANT TO BRING THAT DOWN, AND THEN WHAT DO YOU CHARGE FOR THAT, FOR EVERY TON OF CO2 YOU
THEN WHAT DO YOU CHARGE FOR THAT, FOR EVERY TON OF CO2 YOU EMIT, HOW MUCH WILL IT COST YOU
THAT, FOR EVERY TON OF CO2 YOU EMIT, HOW MUCH WILL IT COST YOU TO OPERATE.
EMIT, HOW MUCH WILL IT COST YOU TO OPERATE. >>EARLIER THIS YEAR,
TO OPERATE. >>EARLIER THIS YEAR, PRESIDENT-ELECT BARACK OBAMA
>>EARLIER THIS YEAR, PRESIDENT-ELECT BARACK OBAMA WEIGHED IN ON THE ISSUE OF CAP
PRESIDENT-ELECT BARACK OBAMA WEIGHED IN ON THE ISSUE OF CAP AND TRADE.
WEIGHED IN ON THE ISSUE OF CAP AND TRADE. EARLY THIS YEAR, HE WAS TAPED
AND TRADE. EARLY THIS YEAR, HE WAS TAPED SAYING THE FOLLOWING, AND THIS
EARLY THIS YEAR, HE WAS TAPED SAYING THE FOLLOWING, AND THIS IS COURTESY OF OF TOWN HALL.COM
SAYING THE FOLLOWING, AND THIS IS COURTESY OF OF TOWN HALL.COM HALL.COM."
IS COURTESY OF OF TOWN HALL.COM HALL.COM." FIRST CALL FOR 100% AUCTION ON
HALL.COM." FIRST CALL FOR 100% AUCTION ON THE CAP AND TRADE SYSTEM WHICH
FIRST CALL FOR 100% AUCTION ON THE CAP AND TRADE SYSTEM WHICH MEANS THAT EVERY UNIT OF CARBON
THE CAP AND TRADE SYSTEM WHICH MEANS THAT EVERY UNIT OF CARBON O OR GREENHOUSE GASES WAS
MEANS THAT EVERY UNIT OF CARBON O OR GREENHOUSE GASES WAS EMITTED WOULD BE CHARGED TO THE
O OR GREENHOUSE GASES WAS EMITTED WOULD BE CHARGED TO THE POLLUTER.
EMITTED WOULD BE CHARGED TO THE POLLUTER. THAT WILL CREATE A MARKET IN
POLLUTER. THAT WILL CREATE A MARKET IN WHICH WHATEVER TECHNOLOGIES ARE
THAT WILL CREATE A MARKET IN WHICH WHATEVER TECHNOLOGIES ARE OUT THERE, WHATEVER POWER PLANTS
WHICH WHATEVER TECHNOLOGIES ARE OUT THERE, WHATEVER POWER PLANTS BEING BUILT, THAT THEY WOULD
OUT THERE, WHATEVER POWER PLANTS BEING BUILT, THAT THEY WOULD HAVE TO MEET THE RIGORS OF THAT
BEING BUILT, THAT THEY WOULD HAVE TO MEET THE RIGORS OF THAT MARKET AND THE RATCHETED DOWN
HAVE TO MEET THE RIGORS OF THAT MARKET AND THE RATCHETED DOWN CAPS THAT ARE PLACED IMPOSED
MARKET AND THE RATCHETED DOWN CAPS THAT ARE PLACED IMPOSED EVERY YEAR.
CAPS THAT ARE PLACED IMPOSED EVERY YEAR. SO IF SOMEBODY WANTS TO BUILD A
EVERY YEAR. SO IF SOMEBODY WANTS TO BUILD A COAL POWER PLANT, THEY CAN.
SO IF SOMEBODY WANTS TO BUILD A COAL POWER PLANT, THEY CAN. IT IS JUST THAT IT WILL BANKRUPT
COAL POWER PLANT, THEY CAN. IT IS JUST THAT IT WILL BANKRUPT THEM BECAUSE THEY WILLABLE
IT IS JUST THAT IT WILL BANKRUPT THEM BECAUSE THEY WILLABLE CHARGED A HUGE SUM FOR ALL THAT
THEM BECAUSE THEY WILLABLE CHARGED A HUGE SUM FOR ALL THAT GREENHOUSE GAS THAT IS BEING
CHARGED A HUGE SUM FOR ALL THAT GREENHOUSE GAS THAT IS BEING EMITTED THE".
GREENHOUSE GAS THAT IS BEING EMITTED THE". >>PHIL, PRETTY STRONG WORDS, IT
EMITTED THE". >>PHIL, PRETTY STRONG WORDS, IT WILL BANKRUPT ANY PLANT BUILT
>>PHIL, PRETTY STRONG WORDS, IT WILL BANKRUPT ANY PLANT BUILT COAL FIRED.
WILL BANKRUPT ANY PLANT BUILT COAL FIRED. >>CALL ME OPTIMISTIC OR CALL ME
COAL FIRED. >>CALL ME OPTIMISTIC OR CALL ME CRAZY, BUT I TEND -- BECAUSE OF
>>CALL ME OPTIMISTIC OR CALL ME CRAZY, BUT I TEND -- BECAUSE OF WHAT I MENTIONED A LITTLE BIT
CRAZY, BUT I TEND -- BECAUSE OF WHAT I MENTIONED A LITTLE BIT EARLIER, IF COAL IS 50% OF THE
WHAT I MENTIONED A LITTLE BIT EARLIER, IF COAL IS 50% OF THE NATION'S ENERGY COMES FROM COAL,
EARLIER, IF COAL IS 50% OF THE NATION'S ENERGY COMES FROM COAL, HOW CAN YOU ELIMINATE COAL?
NATION'S ENERGY COMES FROM COAL, HOW CAN YOU ELIMINATE COAL? WHAT WILL REPLACE IT?
HOW CAN YOU ELIMINATE COAL? WHAT WILL REPLACE IT? RENEWABLES SHOULD BE PART OF
WHAT WILL REPLACE IT? RENEWABLES SHOULD BE PART OF THAT ENERGY PORTFOLIO, BUT RENEW
RENEWABLES SHOULD BE PART OF THAT ENERGY PORTFOLIO, BUT RENEW ABLES AREN'T GOING TO MEET
THAT ENERGY PORTFOLIO, BUT RENEW ABLES AREN'T GOING TO MEET THIS NATION'S ENERGY NEEDS NOW
ABLES AREN'T GOING TO MEET THIS NATION'S ENERGY NEEDS NOW OR IN THE FUTURE.
THIS NATION'S ENERGY NEEDS NOW OR IN THE FUTURE. RENEWABLE HAS THEREBY THERE, AND
OR IN THE FUTURE. RENEWABLE HAS THEREBY THERE, AND COAL HAS TO BE THERE.
RENEWABLE HAS THEREBY THERE, AND COAL HAS TO BE THERE. BANKRUPT PART, WHEN YOU ARE RUNG
COAL HAS TO BE THERE. BANKRUPT PART, WHEN YOU ARE RUNG FOR STATEMENTS, -- WHEN YOU ARE
BANKRUPT PART, WHEN YOU ARE RUNG FOR STATEMENTS, -- WHEN YOU ARE RUNNING FOR PRESIDENT, YOU MAKE
FOR STATEMENTS, -- WHEN YOU ARE RUNNING FOR PRESIDENT, YOU MAKE STATEMENTS.
RUNNING FOR PRESIDENT, YOU MAKE STATEMENTS. THE CAP AND TRADE PROGRAM IS
STATEMENTS. THE CAP AND TRADE PROGRAM IS SOMETHING WE THINK WILL COME,
THE CAP AND TRADE PROGRAM IS SOMETHING WE THINK WILL COME, AND WE WILL WORK WITH THE
SOMETHING WE THINK WILL COME, AND WE WILL WORK WITH THE ADMINISTRATION TO CONVINCE THE
AND WE WILL WORK WITH THE ADMINISTRATION TO CONVINCE THE ADMINISTRATION THAT IT IS
ADMINISTRATION TO CONVINCE THE ADMINISTRATION THAT IT IS WORKABLE.
ADMINISTRATION THAT IT IS WORKABLE. HE LATER SAID HE WANTS TO BUILD
WORKABLE. HE LATER SAID HE WANTS TO BUILD FIVE COAL GASIFICATION PLANTS
HE LATER SAID HE WANTS TO BUILD FIVE COAL GASIFICATION PLANTS AND AND HE SUPPORTS TECHNOLOGY.
FIVE COAL GASIFICATION PLANTS AND AND HE SUPPORTS TECHNOLOGY. HE IS FROM ILLINOIS.
AND AND HE SUPPORTS TECHNOLOGY. HE IS FROM ILLINOIS. WE HAVE A LOST COAL.
HE IS FROM ILLINOIS. WE HAVE A LOST COAL. IT IS MORN IMPORTANT TO THE
WE HAVE A LOST COAL. IT IS MORN IMPORTANT TO THE ECONOMY, AND THE ECONOMY OF THE
IT IS MORN IMPORTANT TO THE ECONOMY, AND THE ECONOMY OF THE NATION.
ECONOMY, AND THE ECONOMY OF THE NATION. >>VICE PRESIDENT ELECT JOE BIDEN
NATION. >>VICE PRESIDENT ELECT JOE BIDEN IS NOT FROM ILLINOIS, AND HERE
>>VICE PRESIDENT ELECT JOE BIDEN IS NOT FROM ILLINOIS, AND HERE IS WHAT HE HAD TO SAY, AGAIN,
IS NOT FROM ILLINOIS, AND HERE IS WHAT HE HAD TO SAY, AGAIN, COURTESY.
IS WHAT HE HAD TO SAY, AGAIN, COURTESY. >>BUILD THEM IF THEY ARE GOING
COURTESY. >>BUILD THEM IF THEY ARE GOING TO BUILD THEM OVER THERE.
>>BUILD THEM IF THEY ARE GOING TO BUILD THEM OVER THERE. MAKE THEM CLEAN BECAUSE THEY ARE
TO BUILD THEM OVER THERE. MAKE THEM CLEAN BECAUSE THEY ARE KILLING US.
MAKE THEM CLEAN BECAUSE THEY ARE KILLING US. >>THANK YOU.
KILLING US. >>THANK YOU. NO COAL PLANTS IN AMERICA.
>>THANK YOU. NO COAL PLANTS IN AMERICA. >>AND HE WANTS THE ONES THAT ARE
NO COAL PLANTS IN AMERICA. >>AND HE WANTS THE ONES THAT ARE BUILT OVERSEAS, I ASSUME HE IS
>>AND HE WANTS THE ONES THAT ARE BUILT OVERSEAS, I ASSUME HE IS GOING TO CHINA BECAUSE THEY ARE
BUILT OVERSEAS, I ASSUME HE IS GOING TO CHINA BECAUSE THEY ARE BUILDING ONE A WEEK OR EVERY TWO
GOING TO CHINA BECAUSE THEY ARE BUILDING ONE A WEEK OR EVERY TWO WEEKS.
BUILDING ONE A WEEK OR EVERY TWO WEEKS. YOU WANT THOSE CLEAN, BUT NONE
WEEKS. YOU WANT THOSE CLEAN, BUT NONE HERE.
YOU WANT THOSE CLEAN, BUT NONE HERE. THAT'S A PRETTY STRONG
HERE. THAT'S A PRETTY STRONG STATEMENT.
THAT'S A PRETTY STRONG STATEMENT. >>IT IS A STRONG STATEMENT THAT
STATEMENT. >>IT IS A STRONG STATEMENT THAT SPURRED A LOT OF ATTENTION
>>IT IS A STRONG STATEMENT THAT SPURRED A LOT OF ATTENTION TENSION IN THE COAL INDUSTRY AT
SPURRED A LOT OF ATTENTION TENSION IN THE COAL INDUSTRY AT THE TIME.
TENSION IN THE COAL INDUSTRY AT THE TIME. IN THE HEAT OF A CAMPAIGN, SOME
THE TIME. IN THE HEAT OF A CAMPAIGN, SOME THINGS ARE SAID.
IN THE HEAT OF A CAMPAIGN, SOME THINGS ARE SAID. I KNOW THE CAMPAIGN BACKTRACKED
THINGS ARE SAID. I KNOW THE CAMPAIGN BACKTRACKED ON THAT STATEMENT AND SOFTENED
I KNOW THE CAMPAIGN BACKTRACKED ON THAT STATEMENT AND SOFTENED IT QUITE A BIT AFTER IT WAS
ON THAT STATEMENT AND SOFTENED IT QUITE A BIT AFTER IT WAS MADE.
IT QUITE A BIT AFTER IT WAS MADE. BUT ONE OF THE POSITIONS THAT IS
MADE. BUT ONE OF THE POSITIONS THAT IS OUT THERE THAT IS BEING
BUT ONE OF THE POSITIONS THAT IS OUT THERE THAT IS BEING SUPPORTED BY GROUPS LIKE THE
OUT THERE THAT IS BEING SUPPORTED BY GROUPS LIKE THE SIERRA CLUB IS THAT WE SHOULD
SUPPORTED BY GROUPS LIKE THE SIERRA CLUB IS THAT WE SHOULD NOT BUILD NICOLE BURNING POWER
SIERRA CLUB IS THAT WE SHOULD NOT BUILD NICOLE BURNING POWER PLANTS UNTIL WE CAN GET THE
NOT BUILD NICOLE BURNING POWER PLANTS UNTIL WE CAN GET THE TECHNOLOGY THAT ENABLES US TO
PLANTS UNTIL WE CAN GET THE TECHNOLOGY THAT ENABLES US TO CAPTURE AND STORE CARBON.
TECHNOLOGY THAT ENABLES US TO CAPTURE AND STORE CARBON. THAT TECHNOLOGY HAS TO BE
CAPTURE AND STORE CARBON. THAT TECHNOLOGY HAS TO BE PERFECTED.
THAT TECHNOLOGY HAS TO BE PERFECTED. AND THAT'S WHERE WE ARE RIGHT
PERFECTED. AND THAT'S WHERE WE ARE RIGHT NOW.
AND THAT'S WHERE WE ARE RIGHT NOW. >>LET'S TALK ABOUT THAT.
NOW. >>LET'S TALK ABOUT THAT. SEQUESTRATION, YOU ARE THE
>>LET'S TALK ABOUT THAT. SEQUESTRATION, YOU ARE THE SEQUESTRATION COORDINATOR FOR
SEQUESTRATION, YOU ARE THE SEQUESTRATION COORDINATOR FOR THE STATE GEOLOGICAL SURVEY.
SEQUESTRATION COORDINATOR FOR THE STATE GEOLOGICAL SURVEY. WHAT IS SEQUESTRATION?
THE STATE GEOLOGICAL SURVEY. WHAT IS SEQUESTRATION? >> GEOLOGIC SEQUESTRATION IS
WHAT IS SEQUESTRATION? >> GEOLOGIC SEQUESTRATION IS CARBON, CAPTURE AND STORAGE OF
>> GEOLOGIC SEQUESTRATION IS CARBON, CAPTURE AND STORAGE OF CARBON DIOXIDES.
CARBON, CAPTURE AND STORAGE OF CARBON DIOXIDES. YOU CAN CAPTURING FROM A LARGE
CARBON DIOXIDES. YOU CAN CAPTURING FROM A LARGE SOURCE LIKE POWER PLANT, OR BIO
YOU CAN CAPTURING FROM A LARGE SOURCE LIKE POWER PLANT, OR BIO FUEL PRODUCTION FACILITY.
SOURCE LIKE POWER PLANT, OR BIO FUEL PRODUCTION FACILITY. YOU ARE CLEANING THAT CO2 BY
FUEL PRODUCTION FACILITY. YOU ARE CLEANING THAT CO2 BY STRIPPING WATER OUT OF IT,
YOU ARE CLEANING THAT CO2 BY STRIPPING WATER OUT OF IT, COMPRESSING IT, AND INJECTING TO
STRIPPING WATER OUT OF IT, COMPRESSING IT, AND INJECTING TO A WELL INTO ROCK FORMATIONS THAT
COMPRESSING IT, AND INJECTING TO A WELL INTO ROCK FORMATIONS THAT ARED UNDERLIE THE STATE BY
A WELL INTO ROCK FORMATIONS THAT ARED UNDERLIE THE STATE BY SEVERAL MILES.
ARED UNDERLIE THE STATE BY SEVERAL MILES. >> THIS IS NOT JUST ANY OLD
SEVERAL MILES. >> THIS IS NOT JUST ANY OLD ROCK,.
>> THIS IS NOT JUST ANY OLD ROCK,. >>NOT ANY ROCK.
ROCK,. >>NOT ANY ROCK. ROCK HAS A NAMED, MOUNT SIMON
>>NOT ANY ROCK. ROCK HAS A NAMED, MOUNT SIMON SANDSTONE IT A VERY POROUS
ROCK HAS A NAMED, MOUNT SIMON SANDSTONE IT A VERY POROUS SANDSTONE.
SANDSTONE IT A VERY POROUS SANDSTONE. TO GIVE YOU AN IMAGE, IF YOU
SANDSTONE. TO GIVE YOU AN IMAGE, IF YOU THINK OF A CRATE OF ORANGES, AND
TO GIVE YOU AN IMAGE, IF YOU THINK OF A CRATE OF ORANGES, AND THE ORANGES ALL TOUCH IN
THINK OF A CRATE OF ORANGES, AND THE ORANGES ALL TOUCH IN MULTIPLE PLACES, BUT THERE IS
THE ORANGES ALL TOUCH IN MULTIPLE PLACES, BUT THERE IS OPEN SPACE BETWEEN THE ORANGES.
MULTIPLE PLACES, BUT THERE IS OPEN SPACE BETWEEN THE ORANGES. THAT'S WHERE THE SANDSTONE ROCK
OPEN SPACE BETWEEN THE ORANGES. THAT'S WHERE THE SANDSTONE ROCK LOOKS LIKE FROM A MICROSCOPIC
THAT'S WHERE THE SANDSTONE ROCK LOOKS LIKE FROM A MICROSCOPIC PERSPECTIVE.
LOOKS LIKE FROM A MICROSCOPIC PERSPECTIVE. THOSE OPEN SPACES ARE FILLED
PERSPECTIVE. THOSE OPEN SPACES ARE FILLED WITH VERY, VERY SALTY WATER,
THOSE OPEN SPACES ARE FILLED WITH VERY, VERY SALTY WATER, THREE TIMES SALT IER THAN THE
WITH VERY, VERY SALTY WATER, THREE TIMES SALT IER THAN THE OCEAN.
THREE TIMES SALT IER THAN THE OCEAN. WHEN WE INJECT THE LIQUID CARBON
OCEAN. WHEN WE INJECT THE LIQUID CARBON DIOXIDE IN THAT FORMATION, IT
WHEN WE INJECT THE LIQUID CARBON DIOXIDE IN THAT FORMATION, IT WILL GO INTO THOSE PORE SPACES
DIOXIDE IN THAT FORMATION, IT WILL GO INTO THOSE PORE SPACES AND PERMANENTLY STORED ALONG
WILL GO INTO THOSE PORE SPACES AND PERMANENTLY STORED ALONG WITH THE WEIGHT THAT IS THERE.
AND PERMANENTLY STORED ALONG WITH THE WEIGHT THAT IS THERE. >>DOES IT CHANGE FORM OVER TIME?
WITH THE WEIGHT THAT IS THERE. >>DOES IT CHANGE FORM OVER TIME? IT IS PERMANENT, I ASSUME?
>>DOES IT CHANGE FORM OVER TIME? IT IS PERMANENT, I ASSUME? >> IT IS A PERMANENT STORAGE,
IT IS PERMANENT, I ASSUME? >> IT IS A PERMANENT STORAGE, AND IT DOES CHANGE FORM OVER
>> IT IS A PERMANENT STORAGE, AND IT DOES CHANGE FORM OVER LONG PERIODS OF TIME.
AND IT DOES CHANGE FORM OVER LONG PERIODS OF TIME. SO SOME OF THE CARBON DIOXIDE
LONG PERIODS OF TIME. SO SOME OF THE CARBON DIOXIDE WILL GO INTO SOLUTION, INTO THE
SO SOME OF THE CARBON DIOXIDE WILL GO INTO SOLUTION, INTO THE WATER, SORT OF THE WAY CARBON
WILL GO INTO SOLUTION, INTO THE WATER, SORT OF THE WAY CARBON DIOXIDE GOES INTO SOLUTION IN A
WATER, SORT OF THE WAY CARBON DIOXIDE GOES INTO SOLUTION IN A CAN OF SODA.
DIOXIDE GOES INTO SOLUTION IN A CAN OF SODA. IT WILL ALSO MINERALIZE OVER
CAN OF SODA. IT WILL ALSO MINERALIZE OVER TIME.
IT WILL ALSO MINERALIZE OVER TIME. THERE ARE CAT IONS, CALCIUM,
TIME. THERE ARE CAT IONS, CALCIUM, MAGNESIUM IN THE WATER PRESENT
THERE ARE CAT IONS, CALCIUM, MAGNESIUM IN THE WATER PRESENT IN THE ROCK FORMATION WHICH WILL
MAGNESIUM IN THE WATER PRESENT IN THE ROCK FORMATION WHICH WILL COMBINE WITH THE CARBON DIOXIDE
IN THE ROCK FORMATION WHICH WILL COMBINE WITH THE CARBON DIOXIDE TO MAKE ANOTHER ROCK CALCIDE OR
COMBINE WITH THE CARBON DIOXIDE TO MAKE ANOTHER ROCK CALCIDE OR CARBON ATE.
TO MAKE ANOTHER ROCK CALCIDE OR CARBON ATE. >>HOW SAFE IS THIS?
CARBON ATE. >>HOW SAFE IS THIS? CAN IT BUBBLE UP ESPECIALLY IN
>>HOW SAFE IS THIS? CAN IT BUBBLE UP ESPECIALLY IN LIGHT OF THE -- THERE HAVE BEEN
CAN IT BUBBLE UP ESPECIALLY IN LIGHT OF THE -- THERE HAVE BEEN EARTHQUAKES IN ILLINOIS.
LIGHT OF THE -- THERE HAVE BEEN EARTHQUAKES IN ILLINOIS. >>THE TECHNOLOGY IS ACTUALLY
EARTHQUAKES IN ILLINOIS. >>THE TECHNOLOGY IS ACTUALLY QUITE SAFE.
>>THE TECHNOLOGY IS ACTUALLY QUITE SAFE. THE EARTH HAS STORED FOSSIL
QUITE SAFE. THE EARTH HAS STORED FOSSIL FUELS SUCH AS PETROLEUM FOR
THE EARTH HAS STORED FOSSIL FUELS SUCH AS PETROLEUM FOR HUNDREDS OF MILLIONS OF YEARS AT
FUELS SUCH AS PETROLEUM FOR HUNDREDS OF MILLIONS OF YEARS AT ABOUT HERE IN ILLINOIS AT
HUNDREDS OF MILLIONS OF YEARS AT ABOUT HERE IN ILLINOIS AT 2500 FEET UNDERNEATH THE
ABOUT HERE IN ILLINOIS AT 2500 FEET UNDERNEATH THE SURFACE.
2500 FEET UNDERNEATH THE SURFACE. WE ARE TALKING ABOUT STORING
SURFACE. WE ARE TALKING ABOUT STORING DIOXIDE 65 OR 7500 FEET.
WE ARE TALKING ABOUT STORING DIOXIDE 65 OR 7500 FEET. WE ARE AT THE LEVEL WHERE IT HAS
DIOXIDE 65 OR 7500 FEET. WE ARE AT THE LEVEL WHERE IT HAS BEEN STORED HUNDREDS OF YEARS.
WE ARE AT THE LEVEL WHERE IT HAS BEEN STORED HUNDREDS OF YEARS. WE USE THE EARTH'S NATURAL
BEEN STORED HUNDREDS OF YEARS. WE USE THE EARTH'S NATURAL PROPERTIES AS A STORAGE UNIT.
WE USE THE EARTH'S NATURAL PROPERTIES AS A STORAGE UNIT. THE SANDSTONE WHERE THE CARBON
PROPERTIES AS A STORAGE UNIT. THE SANDSTONE WHERE THE CARBON DIOXIDE RESIDES IS OVERLAID BY
THE SANDSTONE WHERE THE CARBON DIOXIDE RESIDES IS OVERLAID BY THICK I AM PERSONALLABLE ROCK
DIOXIDE RESIDES IS OVERLAID BY THICK I AM PERSONALLABLE ROCK KNOWN AS A SHALE.
THICK I AM PERSONALLABLE ROCK KNOWN AS A SHALE. THE BUBBLING UP IS NOT REALLY A
KNOWN AS A SHALE. THE BUBBLING UP IS NOT REALLY A POSSIBILITY.
THE BUBBLING UP IS NOT REALLY A POSSIBILITY. IN ADDITION TO THE WHAT WE CALL
POSSIBILITY. IN ADDITION TO THE WHAT WE CALL THE PRIMARY FUEL, THERE ARE TWO
IN ADDITION TO THE WHAT WE CALL THE PRIMARY FUEL, THERE ARE TWO MORE SEALS BETWEEN THE CARBON
THE PRIMARY FUEL, THERE ARE TWO MORE SEALS BETWEEN THE CARBON DIOXIDE AND THE SURFACE.
MORE SEALS BETWEEN THE CARBON DIOXIDE AND THE SURFACE. YOU ARE TALKING ABOUT SEVERAL
DIOXIDE AND THE SURFACE. YOU ARE TALKING ABOUT SEVERAL LAYERS OF PROTECTION.
YOU ARE TALKING ABOUT SEVERAL LAYERS OF PROTECTION. IN ADDITION TO THAT, DURING AN
LAYERS OF PROTECTION. IN ADDITION TO THAT, DURING AN EARTHQUAKE, YOU HAVE ENERGY
IN ADDITION TO THAT, DURING AN EARTHQUAKE, YOU HAVE ENERGY MOVING THROUGHOUT EARTH, BUT YOU
EARTHQUAKE, YOU HAVE ENERGY MOVING THROUGHOUT EARTH, BUT YOU DON'T ACTUALLY HAVE A
MOVING THROUGHOUT EARTH, BUT YOU DON'T ACTUALLY HAVE A DISPLACEMENT.
DON'T ACTUALLY HAVE A DISPLACEMENT. THE EARTH DOESN'T OPEN TO EMIT
DISPLACEMENT. THE EARTH DOESN'T OPEN TO EMIT CARBON DIOXIDE.
THE EARTH DOESN'T OPEN TO EMIT CARBON DIOXIDE. >>THAT'S THE PROCESS.
CARBON DIOXIDE. >>THAT'S THE PROCESS. SO THERE HAS BEEN AN
>>THAT'S THE PROCESS. SO THERE HAS BEEN AN ORGANIZATION FORMED CALLED MGSC,
SO THERE HAS BEEN AN ORGANIZATION FORMED CALLED MGSC, MIDWEST GEOLOGICAL SEQUESTRATION
ORGANIZATION FORMED CALLED MGSC, MIDWEST GEOLOGICAL SEQUESTRATION CONSORTIUM.
MIDWEST GEOLOGICAL SEQUESTRATION CONSORTIUM. WHO IS THAT, WHAT IS THAT?
CONSORTIUM. WHO IS THAT, WHAT IS THAT? >> THE MGSC IS FUNDED BY THE
WHO IS THAT, WHAT IS THAT? >> THE MGSC IS FUNDED BY THE U.S. DEPARTMENT OF HUGE FORESEE
>> THE MGSC IS FUNDED BY THE U.S. DEPARTMENT OF HUGE FORESEE QUESTIONS TRATION RESEARCH IN
U.S. DEPARTMENT OF HUGE FORESEE QUESTIONS TRATION RESEARCH IN THIS REGION WHICH IS THE
QUESTIONS TRATION RESEARCH IN THIS REGION WHICH IS THE ILLINOIS BASIN, A REGION
THIS REGION WHICH IS THE ILLINOIS BASIN, A REGION COMPRISED OF ILLINOIS,
ILLINOIS BASIN, A REGION COMPRISED OF ILLINOIS, SOUTHWESTERN, INDIANA, AND
COMPRISED OF ILLINOIS, SOUTHWESTERN, INDIANA, AND WESTERN KENTUCKY.
SOUTHWESTERN, INDIANA, AND WESTERN KENTUCKY. ILLINOIS STATE GEOLOGICAL SURVEY
WESTERN KENTUCKY. ILLINOIS STATE GEOLOGICAL SURVEY IS THE LEAD ORGANIZATION IN THE
ILLINOIS STATE GEOLOGICAL SURVEY IS THE LEAD ORGANIZATION IN THE MGSC, ALONG WITH THE INDIANA AND
IS THE LEAD ORGANIZATION IN THE MGSC, ALONG WITH THE INDIANA AND KENTUCKY GEOLOGICAL SURVEYS.
MGSC, ALONG WITH THE INDIANA AND KENTUCKY GEOLOGICAL SURVEYS. IT ALSO INCLUDES SEVERAL
KENTUCKY GEOLOGICAL SURVEYS. IT ALSO INCLUDES SEVERAL INDUSTRIAL PARTNERS AND ACADEMIC
IT ALSO INCLUDES SEVERAL INDUSTRIAL PARTNERS AND ACADEMIC INSTITUTION, ILLINOIS CLEAN COAL
INDUSTRIAL PARTNERS AND ACADEMIC INSTITUTION, ILLINOIS CLEAN COAL INSTITUTE, DEPARTMENT OF
INSTITUTION, ILLINOIS CLEAN COAL INSTITUTE, DEPARTMENT OF COMMERCE AND ECONOMIC
INSTITUTE, DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY, FOR EXAMPLE, AS
COMMERCE AND ECONOMIC OPPORTUNITY, FOR EXAMPLE, AS WELL AS ARCHER DANIEL MIDLAND,
OPPORTUNITY, FOR EXAMPLE, AS WELL AS ARCHER DANIEL MIDLAND, AND VARIETY OF OTHERS.
WELL AS ARCHER DANIEL MIDLAND, AND VARIETY OF OTHERS. >>LET'S TALK ABOUT A COUPLE
AND VARIETY OF OTHERS. >>LET'S TALK ABOUT A COUPLE PROJECTS IN PARTICULAR.
>>LET'S TALK ABOUT A COUPLE PROJECTS IN PARTICULAR. LETS TALK ABOUT TAYLORVILLE.
PROJECTS IN PARTICULAR. LETS TALK ABOUT TAYLORVILLE. LEGISLATION WAS PASSED.
LETS TALK ABOUT TAYLORVILLE. LEGISLATION WAS PASSED. THIS IS CLEAN COAL TECHNOLOGY
LEGISLATION WAS PASSED. THIS IS CLEAN COAL TECHNOLOGY PLANT, IS THAT RIGHT?
THIS IS CLEAN COAL TECHNOLOGY PLANT, IS THAT RIGHT? >> YES, IT IS COAL GASIFICATION.
PLANT, IS THAT RIGHT? >> YES, IT IS COAL GASIFICATION. THEY ARE GOING TO BE MAKING
>> YES, IT IS COAL GASIFICATION. THEY ARE GOING TO BE MAKING ELECTRICITY OUT OF IT.
THEY ARE GOING TO BE MAKING ELECTRICITY OUT OF IT. IT IS CALLED INTEGRATED
ELECTRICITY OUT OF IT. IT IS CALLED INTEGRATED GASIFICATION COMBINED CYCLE
IT IS CALLED INTEGRATED GASIFICATION COMBINED CYCLE SYSTEM.
GASIFICATION COMBINED CYCLE SYSTEM. BECAUSE THIS IS SUCH A NEW
SYSTEM. BECAUSE THIS IS SUCH A NEW PLANT, IT IS VERY EXPENSIVE.
BECAUSE THIS IS SUCH A NEW PLANT, IT IS VERY EXPENSIVE. ILLINOIS BEING DEREGULATED STATE
PLANT, IT IS VERY EXPENSIVE. ILLINOIS BEING DEREGULATED STATE HAS MADE SEVERAL ISSUES OUT
ILLINOIS BEING DEREGULATED STATE HAS MADE SEVERAL ISSUES OUT THERE TRYING TO BE ABLE TO
HAS MADE SEVERAL ISSUES OUT THERE TRYING TO BE ABLE TO AFFORD THIS EXPENSIVE
THERE TRYING TO BE ABLE TO AFFORD THIS EXPENSIVE TECHNOLOGY.
AFFORD THIS EXPENSIVE TECHNOLOGY. LEGISLATION THAT WAS JUST PASSED
TECHNOLOGY. LEGISLATION THAT WAS JUST PASSED CERTAINLY WITH THE HARD EFFORTS
LEGISLATION THAT WAS JUST PASSED CERTAINLY WITH THE HARD EFFORTS OF FILL GONET PUT INTO IT, ALONG
CERTAINLY WITH THE HARD EFFORTS OF FILL GONET PUT INTO IT, ALONG WITH NUMEROUS SUBJECTS, AND
OF FILL GONET PUT INTO IT, ALONG WITH NUMEROUS SUBJECTS, AND OTHERS, THEY PASSED LEGISLATION
WITH NUMEROUS SUBJECTS, AND OTHERS, THEY PASSED LEGISLATION TO ACTUALLY ALLOW THE STATE TO
OTHERS, THEY PASSED LEGISLATION TO ACTUALLY ALLOW THE STATE TO HELP FUND THE COST SO WE CAN GET
TO ACTUALLY ALLOW THE STATE TO HELP FUND THE COST SO WE CAN GET A BETTER HANDLE ON THE TYPES OF
HELP FUND THE COST SO WE CAN GET A BETTER HANDLE ON THE TYPES OF COST.
A BETTER HANDLE ON THE TYPES OF COST. THEY ARE IN A VERY GOOD LOCATION
COST. THEY ARE IN A VERY GOOD LOCATION TO MOVE THE CO2 IN
THEY ARE IN A VERY GOOD LOCATION TO MOVE THE CO2 IN SEQUESTRATION.
TO MOVE THE CO2 IN SEQUESTRATION. >>PASSED BY BOTH HOUSE?
SEQUESTRATION. >>PASSED BY BOTH HOUSE? >>NOVEMBER 19, PASSED BOTH
>>PASSED BY BOTH HOUSE? >>NOVEMBER 19, PASSED BOTH HOUSES.
>>NOVEMBER 19, PASSED BOTH HOUSES. IT AWAITS THE SIGNATURE OF THE
HOUSES. IT AWAITS THE SIGNATURE OF THE GOVERNOR.
IT AWAITS THE SIGNATURE OF THE GOVERNOR. >>THEN WHAT HAPPENS. THEN WE GO
GOVERNOR. >>THEN WHAT HAPPENS. THEN WE GO TO WORK.
>>THEN WHAT HAPPENS. THEN WE GO TO WORK. BECAUSE THIS IS SO NEW, AND
TO WORK. BECAUSE THIS IS SO NEW, AND ACTUALLY THE ATTORNEY GENERAL
BECAUSE THIS IS SO NEW, AND ACTUALLY THE ATTORNEY GENERAL CAME UP WITH AN IDEA OF LET'S DO
ACTUALLY THE ATTORNEY GENERAL CAME UP WITH AN IDEA OF LET'S DO SOMETHING COMPREHENSIVE IT
CAME UP WITH AN IDEA OF LET'S DO SOMETHING COMPREHENSIVE IT ACTUALLY CALLED THE CLEAN COAL
SOMETHING COMPREHENSIVE IT ACTUALLY CALLED THE CLEAN COAL PROGRAM LAW IN PORTFOLIO STAND,
ACTUALLY CALLED THE CLEAN COAL PROGRAM LAW IN PORTFOLIO STAND, I GUESS WOULD BE CORRECTED
PROGRAM LAW IN PORTFOLIO STAND, I GUESS WOULD BE CORRECTED THERE, WHICH WAS GOING TO
I GUESS WOULD BE CORRECTED THERE, WHICH WAS GOING TO REQUIRE ENERGY USED IN ILLINOIS.
THERE, WHICH WAS GOING TO REQUIRE ENERGY USED IN ILLINOIS. IT RAMP ETS UP TO 25% OF THE
REQUIRE ENERGY USED IN ILLINOIS. IT RAMP ETS UP TO 25% OF THE ENERGY THAT IS USED IN ILLINOIS
IT RAMP ETS UP TO 25% OF THE ENERGY THAT IS USED IN ILLINOIS BY 2025 MUST COME FROM COAL
ENERGY THAT IS USED IN ILLINOIS BY 2025 MUST COME FROM COAL GASIFICATION OR CLEAN COAL
BY 2025 MUST COME FROM COAL GASIFICATION OR CLEAN COAL TECHNOLOGY.
GASIFICATION OR CLEAN COAL TECHNOLOGY. THIS BEING THE FIRST PLANT THAT
TECHNOLOGY. THIS BEING THE FIRST PLANT THAT WOULD BE DESIGNED TO CAPTURE AND
THIS BEING THE FIRST PLANT THAT WOULD BE DESIGNED TO CAPTURE AND STORE CO2, IT IS GOING TO TAKE A
WOULD BE DESIGNED TO CAPTURE AND STORE CO2, IT IS GOING TO TAKE A VERY EXPENSIVE AND EXTENSIVE
STORE CO2, IT IS GOING TO TAKE A VERY EXPENSIVE AND EXTENSIVE STUDY TO DETERMINE THE COST OF
VERY EXPENSIVE AND EXTENSIVE STUDY TO DETERMINE THE COST OF CONSTRUCTION AND OPERATIONS OF
STUDY TO DETERMINE THE COST OF CONSTRUCTION AND OPERATIONS OF THIS PLANT.
CONSTRUCTION AND OPERATIONS OF THIS PLANT. AS BILL MENTIONED, THE ONLY WAY
THIS PLANT. AS BILL MENTIONED, THE ONLY WAY THIS PLANT CAN BE SUCCESSFUL IN
AS BILL MENTIONED, THE ONLY WAY THIS PLANT CAN BE SUCCESSFUL IN A DEREGULATED STATE LIKE
THIS PLANT CAN BE SUCCESSFUL IN A DEREGULATED STATE LIKE ILLINOIS FOR ELECTRICITY, IS YOU
A DEREGULATED STATE LIKE ILLINOIS FOR ELECTRICITY, IS YOU HAVE GOT TO HAVE A BUYER FOR
ILLINOIS FOR ELECTRICITY, IS YOU HAVE GOT TO HAVE A BUYER FOR THAT POWER IN ORDER FOR THE
HAVE GOT TO HAVE A BUYER FOR THAT POWER IN ORDER FOR THE DEVELOPER OF THE PROJECT TO GO
THAT POWER IN ORDER FOR THE DEVELOPER OF THE PROJECT TO GO OUT AND BORROW $3.5 BILLION
DEVELOPER OF THE PROJECT TO GO OUT AND BORROW $3.5 BILLION WHICH IS WHAT IT WILL COST TO
OUT AND BORROW $3.5 BILLION WHICH IS WHAT IT WILL COST TO BUILD THIS PLANT.
WHICH IS WHAT IT WILL COST TO BUILD THIS PLANT. THE LEGISLATION REQUIRES THE
BUILD THIS PLANT. THE LEGISLATION REQUIRES THE INVESTOR OWNED UTILITIES IN THE
THE LEGISLATION REQUIRES THE INVESTOR OWNED UTILITIES IN THE STATE OF ILLINOIS TO BUY ALL OF
INVESTOR OWNED UTILITIES IN THE STATE OF ILLINOIS TO BUY ALL OF THE ELECTRICITY OFF THAT.
STATE OF ILLINOIS TO BUY ALL OF THE ELECTRICITY OFF THAT. BUT WE DON'T KNOW WHAT THE PRICE
THE ELECTRICITY OFF THAT. BUT WE DON'T KNOW WHAT THE PRICE S AND THAT'S WHAT THIS STUDY IS
BUT WE DON'T KNOW WHAT THE PRICE S AND THAT'S WHAT THIS STUDY IS GOING TO PRODUCE.
S AND THAT'S WHAT THIS STUDY IS GOING TO PRODUCE. THE STUDY WILL TAKE, IT IS A
GOING TO PRODUCE. THE STUDY WILL TAKE, IT IS A HUGE ENGINEERING STUDY THAT WILL
THE STUDY WILL TAKE, IT IS A HUGE ENGINEERING STUDY THAT WILL TAKE 18 MONTHS TO COMPLETE.
HUGE ENGINEERING STUDY THAT WILL TAKE 18 MONTHS TO COMPLETE. 18 MONTHS FROM NOW, THEY WILL
TAKE 18 MONTHS TO COMPLETE. 18 MONTHS FROM NOW, THEY WILL COME BACK TO THE STATE, THE
18 MONTHS FROM NOW, THEY WILL COME BACK TO THE STATE, THE ILLINOIS COMMERCE COMMISSION,
COME BACK TO THE STATE, THE ILLINOIS COMMERCE COMMISSION, THE ILLINOIS POWER AGENCY, AND
ILLINOIS COMMERCE COMMISSION, THE ILLINOIS POWER AGENCY, AND THE GENERAL ASSEMBLY TO SAY THIS
THE ILLINOIS POWER AGENCY, AND THE GENERAL ASSEMBLY TO SAY THIS IS WHAT IT IS GOING TO COST TO
THE GENERAL ASSEMBLY TO SAY THIS IS WHAT IT IS GOING TO COST TO PRODUCE ENERGY OFF THIS POWER
IS WHAT IT IS GOING TO COST TO PRODUCE ENERGY OFF THIS POWER PLANT.
PRODUCE ENERGY OFF THIS POWER PLANT. CAN WE NOW BUILD THE PLANT?
PLANT. CAN WE NOW BUILD THE PLANT? WE ARE 18 MONTHS AWAY FROM THAT.
CAN WE NOW BUILD THE PLANT? WE ARE 18 MONTHS AWAY FROM THAT. HOPEFULLY WE WILL GET A GOOD
WE ARE 18 MONTHS AWAY FROM THAT. HOPEFULLY WE WILL GET A GOOD ANSWER THERE, AND FOUR YEARS OF
HOPEFULLY WE WILL GET A GOOD ANSWER THERE, AND FOUR YEARS OF CONSTRUCTION, AND THE PLANT WILL
ANSWER THERE, AND FOUR YEARS OF CONSTRUCTION, AND THE PLANT WILL BE UP AND RUNNING AND PRODUCING
CONSTRUCTION, AND THE PLANT WILL BE UP AND RUNNING AND PRODUCING ENERGY.
BE UP AND RUNNING AND PRODUCING ENERGY. THIS REQUIRES COAL GASIFICATION.
ENERGY. THIS REQUIRES COAL GASIFICATION. WE SHOULD ASK THE QUESTION, WHAT
THIS REQUIRES COAL GASIFICATION. WE SHOULD ASK THE QUESTION, WHAT IS COAL GASIFICATION?
WE SHOULD ASK THE QUESTION, WHAT IS COAL GASIFICATION? >> IT IS THE CHEMICALLY ALTERING
IS COAL GASIFICATION? >> IT IS THE CHEMICALLY ALTERING OF COLIN STEAD OF BURNING IT WE
>> IT IS THE CHEMICALLY ALTERING OF COLIN STEAD OF BURNING IT WE TALKED ABOUT ALL THIS MORNING,
OF COLIN STEAD OF BURNING IT WE TALKED ABOUT ALL THIS MORNING, COAL-FIRED INSTEAD WE ARE TAKING
TALKED ABOUT ALL THIS MORNING, COAL-FIRED INSTEAD WE ARE TAKING COAL AND WE ARE FUELING A
COAL-FIRED INSTEAD WE ARE TAKING COAL AND WE ARE FUELING A CHEMICAL PROCESS THAT MAKES IT
COAL AND WE ARE FUELING A CHEMICAL PROCESS THAT MAKES IT STREAM -- EMISSION STREAM.
CHEMICAL PROCESS THAT MAKES IT STREAM -- EMISSION STREAM. FROM THAT STREAM, IT IS SO RICH
STREAM -- EMISSION STREAM. FROM THAT STREAM, IT IS SO RICH IN ENERGY.
FROM THAT STREAM, IT IS SO RICH IN ENERGY. IT IS AMAZING.
IN ENERGY. IT IS AMAZING. YOU CAN MAKE SUBSTITUTE NATURAL
IT IS AMAZING. YOU CAN MAKE SUBSTITUTE NATURAL GAS, PIPELINE QUALITY GAS.
YOU CAN MAKE SUBSTITUTE NATURAL GAS, PIPELINE QUALITY GAS. LIQUID DIESEL FUELS.
GAS, PIPELINE QUALITY GAS. LIQUID DIESEL FUELS. >>YOU DON'T DO THAT BY BURNING
LIQUID DIESEL FUELS. >>YOU DON'T DO THAT BY BURNING IT?
>>YOU DON'T DO THAT BY BURNING IT? >> THE NICE THING ABOUT COAL
IT? >> THE NICE THING ABOUT COAL GASIFICATION, WHEN YOU COMBUST
>> THE NICE THING ABOUT COAL GASIFICATION, WHEN YOU COMBUST COAL, YOU CREATE SULFUR DIOXIDE,
GASIFICATION, WHEN YOU COMBUST COAL, YOU CREATE SULFUR DIOXIDE, IT HAPPENS IN THE PATHS FEAR.
COAL, YOU CREATE SULFUR DIOXIDE, IT HAPPENS IN THE PATHS FEAR. SO BY GASIFYING IT, YOU REMOVE
IT HAPPENS IN THE PATHS FEAR. SO BY GASIFYING IT, YOU REMOVE UPSTREAM THE CREATION OF THOSE
SO BY GASIFYING IT, YOU REMOVE UPSTREAM THE CREATION OF THOSE GASES SO YOU HAVE A CLEANER
UPSTREAM THE CREATION OF THOSE GASES SO YOU HAVE A CLEANER PROCESS THAT GIVES YOU E
GASES SO YOU HAVE A CLEANER PROCESS THAT GIVES YOU E SENTIALLY A PURE STREAM OF
PROCESS THAT GIVES YOU E SENTIALLY A PURE STREAM OF CARBON DIOXIDE WHICH IS THE ONLY
SENTIALLY A PURE STREAM OF CARBON DIOXIDE WHICH IS THE ONLY GAS THEN THAT YOU HAVE TO
CARBON DIOXIDE WHICH IS THE ONLY GAS THEN THAT YOU HAVE TO MITIGATE.
GAS THEN THAT YOU HAVE TO MITIGATE. >> LET'S TALK ABOUT THE SECOND
MITIGATE. >> LET'S TALK ABOUT THE SECOND PROJECT THAT IS VERY IMPORTANT,
>> LET'S TALK ABOUT THE SECOND PROJECT THAT IS VERY IMPORTANT, FUTURE GEN, NEAR MATTOON.
PROJECT THAT IS VERY IMPORTANT, FUTURE GEN, NEAR MATTOON. RECENTLY, OR NOT SO RECENTLY, I
FUTURE GEN, NEAR MATTOON. RECENTLY, OR NOT SO RECENTLY, I GUESS, DEPARTMENT OF ENERGY,
RECENTLY, OR NOT SO RECENTLY, I GUESS, DEPARTMENT OF ENERGY, FEDERAL DEPARTMENT OF ENERGY
GUESS, DEPARTMENT OF ENERGY, FEDERAL DEPARTMENT OF ENERGY WITHDREW.
FEDERAL DEPARTMENT OF ENERGY WITHDREW. IS THAT A DEAL KILLER?
WITHDREW. IS THAT A DEAL KILLER? >> NOT FROM OUR PERSPECTIVE.
IS THAT A DEAL KILLER? >> NOT FROM OUR PERSPECTIVE. SENATOR DURBIN PICKED UP THE
>> NOT FROM OUR PERSPECTIVE. SENATOR DURBIN PICKED UP THE FUTURE GEN PROJECT AND MADE SURE
SENATOR DURBIN PICKED UP THE FUTURE GEN PROJECT AND MADE SURE THAT THE DELEGATION, ALONG WITH
FUTURE GEN PROJECT AND MADE SURE THAT THE DELEGATION, ALONG WITH THE OTHER COAL STATES REALIZED
THAT THE DELEGATION, ALONG WITH THE OTHER COAL STATES REALIZED HOW IMPORTANT IT WAS TO HAVE THE
THE OTHER COAL STATES REALIZED HOW IMPORTANT IT WAS TO HAVE THE FIRST REAL COMMERCIAL
HOW IMPORTANT IT WAS TO HAVE THE FIRST REAL COMMERCIAL GASIFICATION SEQUESTRATION
FIRST REAL COMMERCIAL GASIFICATION SEQUESTRATION PROJECT.
GASIFICATION SEQUESTRATION PROJECT. THEY PICKED UP THE BALL AND HAVE
PROJECT. THEY PICKED UP THE BALL AND HAVE BEEN RUNNING WITH IT.
THEY PICKED UP THE BALL AND HAVE BEEN RUNNING WITH IT. WHAT THE FEDS DID BASICALLY WAS
BEEN RUNNING WITH IT. WHAT THE FEDS DID BASICALLY WAS TO PULL SOME OF THE FUNDING SO
WHAT THE FEDS DID BASICALLY WAS TO PULL SOME OF THE FUNDING SO THE STATE OF ILLINOIS, THROUGH
TO PULL SOME OF THE FUNDING SO THE STATE OF ILLINOIS, THROUGH THE OFFICE OF COAL DEVELOPMENT
THE STATE OF ILLINOIS, THROUGH THE OFFICE OF COAL DEVELOPMENT STEPPED IN, ALONG WITH THE CLEAN
THE OFFICE OF COAL DEVELOPMENT STEPPED IN, ALONG WITH THE CLEAN COAL REVIEW BOARD FROM SOUTHERN
STEPPED IN, ALONG WITH THE CLEAN COAL REVIEW BOARD FROM SOUTHERN ILLINOIS UNIVERSITY, TO PICK UP
COAL REVIEW BOARD FROM SOUTHERN ILLINOIS UNIVERSITY, TO PICK UP THE WORK THAT WAS BEING DONE ON
ILLINOIS UNIVERSITY, TO PICK UP THE WORK THAT WAS BEING DONE ON ENGINEERING AND ALSO PROVING THE
THE WORK THAT WAS BEING DONE ON ENGINEERING AND ALSO PROVING THE SITE, THINGS NORMALLY WOULD HAVE
ENGINEERING AND ALSO PROVING THE SITE, THINGS NORMALLY WOULD HAVE BEEN DONE BY NOW IF DOE HAD NOT
SITE, THINGS NORMALLY WOULD HAVE BEEN DONE BY NOW IF DOE HAD NOT BACKED OUT.
BEEN DONE BY NOW IF DOE HAD NOT BACKED OUT. NEXT ADMINISTRATION WE ARE
BACKED OUT. NEXT ADMINISTRATION WE ARE EXPECTING TO SEE FUTURE GEN
NEXT ADMINISTRATION WE ARE EXPECTING TO SEE FUTURE GEN MOVING FORWARD, AND WE DID
EXPECTING TO SEE FUTURE GEN MOVING FORWARD, AND WE DID EVERYTHING IN OUR POWER TO MAKE
MOVING FORWARD, AND WE DID EVERYTHING IN OUR POWER TO MAKE SURE WE WILL HIT THE GROUND
EVERYTHING IN OUR POWER TO MAKE SURE WE WILL HIT THE GROUND RUNNING.
SURE WE WILL HIT THE GROUND RUNNING. >>IS THERE A DIFFERENCE BETWEEN
RUNNING. >>IS THERE A DIFFERENCE BETWEEN THE MATTOON PROJECT, FUTURE GEN,
>>IS THERE A DIFFERENCE BETWEEN THE MATTOON PROJECT, FUTURE GEN, AND THE TAYLORVILLE PROJECT?
THE MATTOON PROJECT, FUTURE GEN, AND THE TAYLORVILLE PROJECT? >> THE FACT THAT FUTURE GEN IS
AND THE TAYLORVILLE PROJECT? >> THE FACT THAT FUTURE GEN IS ALSO DESIGNED TO TRY AND
>> THE FACT THAT FUTURE GEN IS ALSO DESIGNED TO TRY AND INCREASE HYDROGEN OUT OF THE
ALSO DESIGNED TO TRY AND INCREASE HYDROGEN OUT OF THE COAL.
INCREASE HYDROGEN OUT OF THE COAL. AT TENASCA THEY WILLABLE MAKING
COAL. AT TENASCA THEY WILLABLE MAKING SYNTHETIC FUEL AND NOT
AT TENASCA THEY WILLABLE MAKING SYNTHETIC FUEL AND NOT INCREASING THE HYDROGEN
SYNTHETIC FUEL AND NOT INCREASING THE HYDROGEN PRODUCTION OUT OF IT.
INCREASING THE HYDROGEN PRODUCTION OUT OF IT. OTHER THAN THAT, THEY ARE CLOSE
PRODUCTION OUT OF IT. OTHER THAN THAT, THEY ARE CLOSE TOGETHER.
OTHER THAN THAT, THEY ARE CLOSE TOGETHER. >>SEQUESTRATION IS PART OF
TOGETHER. >>SEQUESTRATION IS PART OF EITHER ONE OF THOSE?
>>SEQUESTRATION IS PART OF EITHER ONE OF THOSE? >> ABSOLUTELY.
EITHER ONE OF THOSE? >> ABSOLUTELY. >>WITH FUTURE GEN, THE GOAL IS
>> ABSOLUTELY. >>WITH FUTURE GEN, THE GOAL IS NOT ONLY DO IT WITH ONE TYPE OF
>>WITH FUTURE GEN, THE GOAL IS NOT ONLY DO IT WITH ONE TYPE OF COAL. IT WILL BE MORE OF
NOT ONLY DO IT WITH ONE TYPE OF COAL. IT WILL BE MORE OF EXPERIMENTAL FACILITY.
COAL. IT WILL BE MORE OF EXPERIMENTAL FACILITY. IT WILL COST A LITTLE BIT MORE
EXPERIMENTAL FACILITY. IT WILL COST A LITTLE BIT MORE BECAUSE WE ARE DOING IT THAT WAY
IT WILL COST A LITTLE BIT MORE BECAUSE WE ARE DOING IT THAT WAY BURKE IT WILL BE ABLE TO HELP --
BECAUSE WE ARE DOING IT THAT WAY BURKE IT WILL BE ABLE TO HELP -- REDUCE THE COST OF THE NEXT
BURKE IT WILL BE ABLE TO HELP -- REDUCE THE COST OF THE NEXT FUTURE GEN, AND ALSO HELP PROVE
REDUCE THE COST OF THE NEXT FUTURE GEN, AND ALSO HELP PROVE OUT ALL THE REGULATIONS WE NEED.
FUTURE GEN, AND ALSO HELP PROVE OUT ALL THE REGULATIONS WE NEED. >>DOES THIS DELAY, ASSUMING
OUT ALL THE REGULATIONS WE NEED. >>DOES THIS DELAY, ASSUMING FUTURE GEN, DOES THIS DELAY PUT
>>DOES THIS DELAY, ASSUMING FUTURE GEN, DOES THIS DELAY PUT US BEHIND OTHER COUNTRIES.
FUTURE GEN, DOES THIS DELAY PUT US BEHIND OTHER COUNTRIES. AUSTRALIA HAS EUROGEN.
US BEHIND OTHER COUNTRIES. AUSTRALIA HAS EUROGEN. >>I DON'T THINK IT PUTS US
AUSTRALIA HAS EUROGEN. >>I DON'T THINK IT PUTS US BEHIND.
>>I DON'T THINK IT PUTS US BEHIND. IT PUTS US ON A LEVEL PLAYING
BEHIND. IT PUTS US ON A LEVEL PLAYING FIELD.
IT PUTS US ON A LEVEL PLAYING FIELD. INTERNATIONAL COMMUNITY WAS
FIELD. INTERNATIONAL COMMUNITY WAS REALLY LOOKING FORWARD TO THE
INTERNATIONAL COMMUNITY WAS REALLY LOOKING FORWARD TO THE FUTURE GEN PROJECT AND WHAT WE
REALLY LOOKING FORWARD TO THE FUTURE GEN PROJECT AND WHAT WE WERE GOING TO LEARN FROM FUTURE
FUTURE GEN PROJECT AND WHAT WE WERE GOING TO LEARN FROM FUTURE GEN WHICH WAS REALLY DESIGNED TO
WERE GOING TO LEARN FROM FUTURE GEN WHICH WAS REALLY DESIGNED TO BE A WORLD RESEARCH CENTER WHERE
GEN WHICH WAS REALLY DESIGNED TO BE A WORLD RESEARCH CENTER WHERE PEOPLE FROM OTHER COUNTRIES
BE A WORLD RESEARCH CENTER WHERE PEOPLE FROM OTHER COUNTRIES COULD COME AND INCREASE THEIR
PEOPLE FROM OTHER COUNTRIES COULD COME AND INCREASE THEIR KNOWLEDGE ABOUT THE FUTURE GEN
COULD COME AND INCREASE THEIR KNOWLEDGE ABOUT THE FUTURE GEN TECHNOLOGY CONCEPT AND THEN TAKE
KNOWLEDGE ABOUT THE FUTURE GEN TECHNOLOGY CONCEPT AND THEN TAKE THAT BACK TO THEIR OWN COUNTRY.
TECHNOLOGY CONCEPT AND THEN TAKE THAT BACK TO THEIR OWN COUNTRY. I THINK EVERYBODY IS MOVING
THAT BACK TO THEIR OWN COUNTRY. I THINK EVERYBODY IS MOVING FORWARD PRETTY MUCH AT THE SAME
I THINK EVERYBODY IS MOVING FORWARD PRETTY MUCH AT THE SAME PACE NOW.
FORWARD PRETTY MUCH AT THE SAME PACE NOW. AUSTRALIA HAS EUROGEN, AND GREEN
PACE NOW. AUSTRALIA HAS EUROGEN, AND GREEN GEN IN CHINA, AND EUROPEAN
AUSTRALIA HAS EUROGEN, AND GREEN GEN IN CHINA, AND EUROPEAN PROJECTS ON THE BOOKS.
GEN IN CHINA, AND EUROPEAN PROJECTS ON THE BOOKS. YOU MENTIONED CHINA.
PROJECTS ON THE BOOKS. YOU MENTIONED CHINA. HOW MUCH OF A PROBLEM DO WE HAVE
YOU MENTIONED CHINA. HOW MUCH OF A PROBLEM DO WE HAVE HAVE -- CHINA IS BUILDING COAL
HOW MUCH OF A PROBLEM DO WE HAVE HAVE -- CHINA IS BUILDING COAL PLANTS DEPENDING WHOSE NUMBERS
HAVE -- CHINA IS BUILDING COAL PLANTS DEPENDING WHOSE NUMBERS YOU BELIEVE ONE A WEEK OR ONE
PLANTS DEPENDING WHOSE NUMBERS YOU BELIEVE ONE A WEEK OR ONE EVERY TWO WEEKS.
YOU BELIEVE ONE A WEEK OR ONE EVERY TWO WEEKS. THEY DON'T HAVE CLEAN COAL
EVERY TWO WEEKS. THEY DON'T HAVE CLEAN COAL TECHNOLOGY ASSOCIATED WITH THESE
THEY DON'T HAVE CLEAN COAL TECHNOLOGY ASSOCIATED WITH THESE PLANTS, IS THAT CORRECT?
TECHNOLOGY ASSOCIATED WITH THESE PLANTS, IS THAT CORRECT? >> WELL.
PLANTS, IS THAT CORRECT? >> WELL. NO.
>> WELL. NO. THEY HAVE 30 GASIFICATIONS
NO. THEY HAVE 30 GASIFICATIONS SYSTEMS BEING BUILT RIGHT NOW.
THEY HAVE 30 GASIFICATIONS SYSTEMS BEING BUILT RIGHT NOW. >>NEW PLANTS BEING BUILT IN
SYSTEMS BEING BUILT RIGHT NOW. >>NEW PLANTS BEING BUILT IN CHINA.
>>NEW PLANTS BEING BUILT IN CHINA. SOME OF THEM.
CHINA. SOME OF THEM. >>SOME ARE CAUSING A PROBLEM,
SOME OF THEM. >>SOME ARE CAUSING A PROBLEM, AND THAT WILL AFFECT THE
>>SOME ARE CAUSING A PROBLEM, AND THAT WILL AFFECT THE ATMOSPHERE WORLDWIDE?
AND THAT WILL AFFECT THE ATMOSPHERE WORLDWIDE? >> ABSOLUTELY.
ATMOSPHERE WORLDWIDE? >> ABSOLUTELY. WE ARE ALL PUTTING OUR CARBON
>> ABSOLUTELY. WE ARE ALL PUTTING OUR CARBON DIOXIDE INTO THE SAME SINK.
WE ARE ALL PUTTING OUR CARBON DIOXIDE INTO THE SAME SINK. THAT'S ONE OF THE POINTS THAT WE
DIOXIDE INTO THE SAME SINK. THAT'S ONE OF THE POINTS THAT WE MAKE WHEN WE TALK IN THIS
THAT'S ONE OF THE POINTS THAT WE MAKE WHEN WE TALK IN THIS COUNTRY ABOUT CONTROLLING CO2
MAKE WHEN WE TALK IN THIS COUNTRY ABOUT CONTROLLING CO2 EMISSIONS.
COUNTRY ABOUT CONTROLLING CO2 EMISSIONS. IT IS A GLOBAL PROBLEM.
EMISSIONS. IT IS A GLOBAL PROBLEM. IF THE OTHER COUNTRIES IN THE
IT IS A GLOBAL PROBLEM. IF THE OTHER COUNTRIES IN THE WORLD ARE NOT GOING TO
IF THE OTHER COUNTRIES IN THE WORLD ARE NOT GOING TO PARTICIPATE IN SOMETHING LIKE
WORLD ARE NOT GOING TO PARTICIPATE IN SOMETHING LIKE THAT, IS IT GOING TO BE FAIR FOR
PARTICIPATE IN SOMETHING LIKE THAT, IS IT GOING TO BE FAIR FOR OUR COUNTRY TO SPEND BILLIONS,
THAT, IS IT GOING TO BE FAIR FOR OUR COUNTRY TO SPEND BILLIONS, TRILLIONS OF DOLLARS TO CONTROL
OUR COUNTRY TO SPEND BILLIONS, TRILLIONS OF DOLLARS TO CONTROL FOR CO2, THAT COULD OTHERWISE BE
TRILLIONS OF DOLLARS TO CONTROL FOR CO2, THAT COULD OTHERWISE BE SPENT ON OTHER GOODS AND
FOR CO2, THAT COULD OTHERWISE BE SPENT ON OTHER GOODS AND SERVICES THAT OTHER COUNTRIES
SPENT ON OTHER GOODS AND SERVICES THAT OTHER COUNTRIES DON'T DO, IS THAT FAIR?
SERVICES THAT OTHER COUNTRIES DON'T DO, IS THAT FAIR? THAT COMES BACK TO THE MAIN
DON'T DO, IS THAT FAIR? THAT COMES BACK TO THE MAIN POINT, HOW SERIOUS IS THE GLOBAL
THAT COMES BACK TO THE MAIN POINT, HOW SERIOUS IS THE GLOBAL WARMING PROBLEM AND IS IT OUR
POINT, HOW SERIOUS IS THE GLOBAL WARMING PROBLEM AND IS IT OUR JOB IN THE UNITED STATES TO FIX
WARMING PROBLEM AND IS IT OUR JOB IN THE UNITED STATES TO FIX ON OUR OWN, AND HOW DO WE CONS
JOB IN THE UNITED STATES TO FIX ON OUR OWN, AND HOW DO WE CONS VINCE COUNTRIES LIKE CHINA AND
ON OUR OWN, AND HOW DO WE CONS VINCE COUNTRIES LIKE CHINA AND INDIA THAT ARE TELLING US RIGHT
VINCE COUNTRIES LIKE CHINA AND INDIA THAT ARE TELLING US RIGHT NOW, NO, WAY.
INDIA THAT ARE TELLING US RIGHT NOW, NO, WAY. THAT'S NOT OUR PROBLEM.
NOW, NO, WAY. THAT'S NOT OUR PROBLEM. WE NEED TO CATCH UP TO YOU
THAT'S NOT OUR PROBLEM. WE NEED TO CATCH UP TO YOU ECONOMICALLY, AND WE ARE GOING
WE NEED TO CATCH UP TO YOU ECONOMICALLY, AND WE ARE GOING TO DO THAT BY EMITTING AS MUCH C
ECONOMICALLY, AND WE ARE GOING TO DO THAT BY EMITTING AS MUCH C 02 AS WE WANT.
TO DO THAT BY EMITTING AS MUCH C 02 AS WE WANT. >> WHAT KIND OF TIMETABLE ARE WE
02 AS WE WANT. >> WHAT KIND OF TIMETABLE ARE WE LOOKING AT?
>> WHAT KIND OF TIMETABLE ARE WE LOOKING AT? IS THERE A WAY TO KNOW WHEN WE
LOOKING AT? IS THERE A WAY TO KNOW WHEN WE WILL ACTUALLY HAVE A PLANT TO
IS THERE A WAY TO KNOW WHEN WE WILL ACTUALLY HAVE A PLANT TO DEMONSTRATE THIS TECHNOLOGY AND
WILL ACTUALLY HAVE A PLANT TO DEMONSTRATE THIS TECHNOLOGY AND IT IS SUCCESSFUL.
DEMONSTRATE THIS TECHNOLOGY AND IT IS SUCCESSFUL. WE ARE HOPING TO SEE GROUND
IT IS SUCCESSFUL. WE ARE HOPING TO SEE GROUND BROKEN WITHIN A YEAR OR SO ON
WE ARE HOPING TO SEE GROUND BROKEN WITHIN A YEAR OR SO ON THE SECURE ENERGY WHICH IS
BROKEN WITHIN A YEAR OR SO ON THE SECURE ENERGY WHICH IS ANOTHER PROJECT THAT WE HAVE
THE SECURE ENERGY WHICH IS ANOTHER PROJECT THAT WE HAVE BEEN WORKING ONTO MAKE
ANOTHER PROJECT THAT WE HAVE BEEN WORKING ONTO MAKE SUBSTITUTE NATURAL GAS OVER IN
BEEN WORKING ONTO MAKE SUBSTITUTE NATURAL GAS OVER IN THE DECATUR AREA.
SUBSTITUTE NATURAL GAS OVER IN THE DECATUR AREA. FUTURE GEN WITH THE WORK THAT WE
THE DECATUR AREA. FUTURE GEN WITH THE WORK THAT WE HAVE BEEN DOING, NEXT
FUTURE GEN WITH THE WORK THAT WE HAVE BEEN DOING, NEXT ADMINISTRATION COMES IN, AND
HAVE BEEN DOING, NEXT ADMINISTRATION COMES IN, AND DEPARTMENT OF ENERGY IS READY TO
ADMINISTRATION COMES IN, AND DEPARTMENT OF ENERGY IS READY TO PULL THE TRIGGER ON IT, WE
DEPARTMENT OF ENERGY IS READY TO PULL THE TRIGGER ON IT, WE SHOULD BE ABLE TO SEE THAT
PULL THE TRIGGER ON IT, WE SHOULD BE ABLE TO SEE THAT PROJECT BREAK GROUND IN LESS
SHOULD BE ABLE TO SEE THAT PROJECT BREAK GROUND IN LESS THAN TWO YEARS.
PROJECT BREAK GROUND IN LESS THAN TWO YEARS. I THINK IT IS ALSO IMPORTANT TO
THAN TWO YEARS. I THINK IT IS ALSO IMPORTANT TO NOTE THAT ALL OF THE PIECES OF
I THINK IT IS ALSO IMPORTANT TO NOTE THAT ALL OF THE PIECES OF THE -- FOR EXAMPLE, FUTURE GEN
NOTE THAT ALL OF THE PIECES OF THE -- FOR EXAMPLE, FUTURE GEN WIZEN VISIONED AS A FULL CYCLE
THE -- FOR EXAMPLE, FUTURE GEN WIZEN VISIONED AS A FULL CYCLE INTEGRATED GASIFICATION CYCLE
WIZEN VISIONED AS A FULL CYCLE INTEGRATED GASIFICATION CYCLE PLANT, ALONG WITH SEQUESTRATION,
INTEGRATED GASIFICATION CYCLE PLANT, ALONG WITH SEQUESTRATION, THE PIECES EXIST OTHER PLACE.
PLANT, ALONG WITH SEQUESTRATION, THE PIECES EXIST OTHER PLACE. >>THERE ARE A COUPLE PLANTS, IN
THE PIECES EXIST OTHER PLACE. >>THERE ARE A COUPLE PLANTS, IN THE UNITED STATES, ONE IN TAMPA,
>>THERE ARE A COUPLE PLANTS, IN THE UNITED STATES, ONE IN TAMPA, ONE IN TERRE HAUTE.
THE UNITED STATES, ONE IN TAMPA, ONE IN TERRE HAUTE. THREE GEOLOGIC SEQUESTRATION
ONE IN TERRE HAUTE. THREE GEOLOGIC SEQUESTRATION DONE AROUND THE COUNTRY FOR
THREE GEOLOGIC SEQUESTRATION DONE AROUND THE COUNTRY FOR DEPARTMENT OF ENERGY.
DONE AROUND THE COUNTRY FOR DEPARTMENT OF ENERGY. WE HAVE A LOT OF EXPERIENCE
DEPARTMENT OF ENERGY. WE HAVE A LOT OF EXPERIENCE STOREING GASES IN THE SUB
WE HAVE A LOT OF EXPERIENCE STOREING GASES IN THE SUB SURFACE.
STOREING GASES IN THE SUB SURFACE. SO EACH OF THE PIECES EXIST.
SURFACE. SO EACH OF THE PIECES EXIST. IT IS REALLY CAN WE
SO EACH OF THE PIECES EXIST. IT IS REALLY CAN WE UNDERSTANDING HOW WE GO ABOUT
IT IS REALLY CAN WE UNDERSTANDING HOW WE GO ABOUT COMBINING THEM TO MOVE FORWARD
UNDERSTANDING HOW WE GO ABOUT COMBINING THEM TO MOVE FORWARD WITH OUR ENERGY PRODUCTION IN AN
COMBINING THEM TO MOVE FORWARD WITH OUR ENERGY PRODUCTION IN AN ENVIRONMENTALLY SAFE WAY.
WITH OUR ENERGY PRODUCTION IN AN ENVIRONMENTALLY SAFE WAY. >>AND WITH THAT, THAT'S A
ENVIRONMENTALLY SAFE WAY. >>AND WITH THAT, THAT'S A PERFECT SUMMATION FOR OUR
>>AND WITH THAT, THAT'S A PERFECT SUMMATION FOR OUR PROGRAM.
PERFECT SUMMATION FOR OUR PROGRAM. I WANT TO THANK -- HALF-HOUR HAS
PROGRAM. I WANT TO THANK -- HALF-HOUR HAS EXPIRED.
I WANT TO THANK -- HALF-HOUR HAS EXPIRED. WE PROBABLY COULD GO MUCH
EXPIRED. WE PROBABLY COULD GO MUCH LONGER.
WE PROBABLY COULD GO MUCH LONGER. THANK YOU SO MUCH TO BILL HOBACK
LONGER. THANK YOU SO MUCH TO BILL HOBACK WHO IS WITH THE ILLINOIS
THANK YOU SO MUCH TO BILL HOBACK WHO IS WITH THE ILLINOIS DEPARTMENT OF COMMERCE AND
WHO IS WITH THE ILLINOIS DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY, WITH THE
DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY, WITH THE COAL DEVELOPMENT OFFICE.
ECONOMIC OPPORTUNITY, WITH THE COAL DEVELOPMENT OFFICE. SALLY GREENBERG TRAVELED FROM
COAL DEVELOPMENT OFFICE. SALLY GREENBERG TRAVELED FROM THE ILLINOIS STATE GEOLOGICAL
SALLY GREENBERG TRAVELED FROM THE ILLINOIS STATE GEOLOGICAL SURVEY, SEQUESTRATION
THE ILLINOIS STATE GEOLOGICAL SURVEY, SEQUESTRATION COORDINATOR THERE.
SURVEY, SEQUESTRATION COORDINATOR THERE. PHIL GONET WITH THE ILLINOIS
COORDINATOR THERE. PHIL GONET WITH THE ILLINOIS COAL ASSOCIATION, PRESIDENT.
PHIL GONET WITH THE ILLINOIS COAL ASSOCIATION, PRESIDENT. THANK YOU ONCE AGAIN.
COAL ASSOCIATION, PRESIDENT. THANK YOU ONCE AGAIN. >>THANKS FOR HAVING US.
THANK YOU ONCE AGAIN. >>THANKS FOR HAVING US. >>NEXT WEEK ON AT ISSUE, WE WILL
>>THANKS FOR HAVING US. >>NEXT WEEK ON AT ISSUE, WE WILL BE TAKING ONE WEEK OFF AND LOOK
>>NEXT WEEK ON AT ISSUE, WE WILL BE TAKING ONE WEEK OFF AND LOOK FORWARD TO SEEING YOU TWO WEEKS
BE TAKING ONE WEEK OFF AND LOOK FORWARD TO SEEING YOU TWO WEEKS FROM NOW WHEN WE WILL HAVE A
FORWARD TO SEEING YOU TWO WEEKS FROM NOW WHEN WE WILL HAVE A LIVE PROGRAM.
FROM NOW WHEN WE WILL HAVE A LIVE PROGRAM. SPECIAL START TIME 8:00 ON
LIVE PROGRAM. SPECIAL START TIME 8:00 ON THURSDAY, 4:00 O'CLOCK ON SUNDAY
SPECIAL START TIME 8:00 ON THURSDAY, 4:00 O'CLOCK ON SUNDAY DAY, A LIVE CALL IN PROGRAM WITH
THURSDAY, 4:00 O'CLOCK ON SUNDAY DAY, A LIVE CALL IN PROGRAM WITH OUTGOING CONGRESSMAN RAY LAHOOD.
DAY, A LIVE CALL IN PROGRAM WITH OUTGOING CONGRESSMAN RAY LAHOOD. PLEASE JOIN US IN TWO WEEKS ON
OUTGOING CONGRESSMAN RAY LAHOOD. PLEASE JOIN US IN TWO WEEKS ON "AT ISSUE."