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Aug. 6 (Bloomberg) — The Obama administration pledged $1 billion in stimulus funds to capture carbon emissions from a coal-fired Ameren Corp. power plant in Illinois, the biggest U.S. effort to show the polluting fuel can be made cleaner.
The FutureGen 2.0 project will revamp a 200-megawatt unit at Amerens plant in Meredosia, Illinois, Energy Secretary Steven Chu and Senator Dick Durbin, an Illinois Democrat, said in an e-mailed statement yesterday. Babcock & Wilcox Co. and a group of energy companies are participants in the plan.
The project replaces a stalled Bush administration plan to build a clean-coal plant from the ground up in Mattoon, Illinois. Instead, the new proposal calls for a network of pipelines to deliver carbon dioxide generated from burning coal to a repository in Mattoon that may serve as a storage site for other plants in the region.
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