Carbon Capture Journal [Printer-friendly version] December 13, 2007 HILLARY CLINTON -- WOULD FUND 10 CCS LARGE PROJECTS If elected as US president, Hillary Clinton would "put immediate funding towards 10 large-scale carbon capture and storage projects," according to her written answers to questions posed by Nevada democratic blog mysilverstate.com. These projects would "utilize a range of coal types, power plant types, and storage locations," she wrote. "I also believe that we need to take swift action to spur the development and deployment of technology and practices that will enable us to capture, store and safely sequester carbon dioxide from coal-fired power plants," she wrote. "To accelerate the development of this important technology, I would put immediate funding towards 10 large-scale carbon capture and storage projects that I will move quickly to develop the regulatory framework to ensure that carbon sequestration can be done safely and reliably. "I will move quickly to develop the regulatory framework to ensure that carbon sequestration can be done safely and reliably," she wrote. "And I will require all new coal plants to be capable of adding capture and storage technology when it becomes commercially available." "I know that coal plays a major role in America's energy mix -- it powers 50 percent of the country's electricity generation and we still have enormous coal reserves -- but I also know that coal-fired power plans are the largest contributors to U.S. greenhouse gas emissions. If we continue to build new coal plants in the same way that we have done so in the past, we will not be able to meet our climate change goals," she wrote. "I recently announced a comprehensive plan to address global warming and move our country toward energy independence that would reduce the need for new power plants." "I would direct state utility commissions to ensure that before approving an application to build a coal plant, there is an evaluation of whether the energy services provided by that plant could be met by cost-effective investments in energy efficiency." "Under my plan, I will create a Strategic Energy Fund that would jumpstart a clean energy future by injecting $50 billion over ten years into research, development and deployment of renewable energy, energy efficiency, clean coal technology, ethanol and other homegrown biofuels." "My plan has three big goals: to reduce greenhouse gas emissions by 80 percent from 1990 levels by 2050 to avoid the worst effects of global warming, cut foreign oil imports by two-thirds from projected levels by 2030, and to transform our carbon-based economy into an efficient green economy."