Carbon Capture And Storage

Duke Energy hopes to tap $3.4 billion of stimulus funds to build the nation's first clean coal plant, burning the coal in a gaseous form and storing the CO2 emissions. It already has received federal funds to build the $2.35 coal power plant in IN.

CCS (Carbon Capture and Storage) is an abbreviation that may become more common if the coal industry has its way. But The Economist argues that carbon taxes are a better way to improve the environment than investing in CCS technology.