More U.S. cash needed to ramp up CCS projects, panel says

The United States is not spending enough to develop commercial carbon capture technology for power plants, an expert panel said yesterday at a Capitol Hill forum. The technology for carbon capture and sequestration (CCS) could significantly reduce greenhouse gas emissions but requires rigorous research and development, the panel said. "Carbon capture is the single-most important technology not applied out in the real world," said Joe Chaisson, research and technical director for the Clean Air Task Force. "And it currently lacks any serious R&D in the United States."

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