New book by Larry Connors Click here Improve your trading - See how
"Investing in emission reductions is smart and responsible. From energy efficiency to carbon reduction, our investment in next generation energy technology will open the door to even greater clean energy investments. This funding will create jobs, reduce pollution and cut our dependence on foreign fossil fuel," Schumer said. "During tough economic times, funding clean energy projects makes sense in the short and long term for Central New York and the entire nation."
"This is a great investment for Central New York," said Senator Gillibrand, a member of the Senate Environment and Public Works Committee. "These federal dollars will help cut emissions and clean up our environment, while creating jobs and rebuilding our economy with a thriving renewable energy sector right here in Central New York. I will continue working with Senator Schumer and the entire Congressional Delegation to make sure New York gets its fair share from the federal government."
The funding will help promote Carbon Capture and Storage which will develop pre-combustion carbon capture technologies that can reduce CO2 emissions in future coal-based integrated gasification combined cycle (IGCC) power plants. Carbon Capture and Storage is part of the Administration's commitment to develop technologies to reduce carbon dioxide emissions.
Pre-combustion processes convert fuel into a gaseous mixture of hydrogen and CO2. The CO2 is then separated and the hydrogen can be burned without producing any CO2 in the exhaust gas. Compared with post-combustion processes, the pressure and concentration of CO2 in precombustion processes is relatively high - offering the potential to apply novel CO2 capture technologies such as membranes, solvents and sorbents.
Today's announcement is a direct investment in CCS-related infrastructure among electric power and industrial facilities, academic institutions, and other organizations operating across the United States. The nine selected projects encompass three areas: high-temperature, high-pressure membranes; high-efficiency solvents; and solid sorbents.
The Pall Corporation, a filter company that solves complex contamination,separations, purification and detection problems will use the $1.2 million in funding to leverage its proprietary membrane fabrication technology to screen a large number of palladium (Pd)-alloys for use in membranes for separating hydrogen from synthesis gas mixtures.
#DAL1234#
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
