WASHINGTON: Obama takes on coal with first-ever carbon limits - Technology - MiamiHerald.com:
"That's because to meet the standard, new coal-fired power plants would need to install expensive technology to capture carbon dioxide and bury it underground. No coal-fired power plant has done that yet, in large part because of the cost. And those plants that the EPA points to as potential models, such as a coal plant being built in Kemper County, Miss., by Southern Co., have received hundreds of millions of dollars in federal grants and tax credits.
Coal, which is already struggling to compete with cheap natural gas, accounts for 40 percent of U.S. electricity, a share that was already shrinking. And natural gas would need no additional pollution controls to comply."
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