Putting a Price on Global Warming

Looks like someone has decided the price for FutureGen was indeed too high as the project has been cancelled. See this link at the Depertment of Energy web site for more info: http://www.energy.gov/news/5912.htm.

I've been in the electric utility business for over 30 years and I think coal gasification is going to be a major player in the future of generation. The price tag? There is no inexpensive solution nor is there one solution. Small steps are being made, but we must continue to experiement and test new technologies. Energy conservation should also top the list. We are a greedy nation that expects to have our lights, computers, gadgets and toys at the touch of a switch. At our current pace, a new generating plant will have to ne added at a rate of one a week for the next ten years. If changes aren't implemented soon, the day will come when the switch won't work.