Thursday, June 7, 2007

U.S. to allocate coal tax credits on carbon capture

(Reuters) - The Department of Energy will allocate the credits based on
the rankings of the certified project applications received,
the Treasury said in a statement.




"The modified allocation method will substantially favor
projects that capture and sequester carbon dioxide emissions
and will favor to a lesser extent projects optimized for future
carbon dioxide capture," the Treasury said.


Read more at Reuters.com Government Filings News

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