McCarthy’s pledge comes amid anxiety over the Obama administration’s push to sharply reduce carbon dioxide emissions from the power sector while rapidly expanding the use of cleaner-burning natural gas, wind and solar.
Coal-fired power plants wouldn’t be the only beneficiary of carbon capture and storage technology, Peabody Energy CEO Greg Boyce said, stressing that in a carbon-constrained world, natural gas plants will need the tech too.
More Texas homes will be powered by cleaner-burning natural gas with or without stringent new federal regulations to cut carbon pollution from power plants, a panel of Texas regulators and electricity company chiefs said Thursday.
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst Newspapers, Fuel Fix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news in the oil, gas and energy industries.
Browse previous blog posts by month and year of entry. You'll see all the posts for that time period.