- Why the Dollar Will Likely Stay Weak for Some Time
- Wall Street 'Bonuses' Disappear—but Only in Name
- Bear, Lehman Execs Weren't Wiped Out by Crisis: Study
- How Real Estate Investors Skew Housing's Reality
- Vioxx Showed Risk Signs Before Being Pulled: Report
- Even Buffett's Huge Fame Can't Help the Name 'Warren'
- Wave of Debt Payments Facing US Government
- JPMorgan's Dimon Could Succeed Geithner: Report
- Suze Orman’s 'A Healthier, Wealthier You'
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- Rally Could 'Have Some Legs in 2010': Market Strategist
- Investors May Skew Housing Reality
- Buffett's Wealth and Fame Hasn't Helped 'Warren' As a Name
- Are Crazy Retail Deals Good for Business?
- Expect a 'Square Root-Shaped' Recovery: Chief Investor
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Existing-Home Sales Jump To Highest Level in 2-1/2 Years
- Paul: Audit the Fed
- Wave of Debt Payments Facing US Government
- TV Retailer QVC Joins 'Black Friday' Frenzy
- Start-Up Proves Everything Really Is Better With Bacon
- Buffett's Wealth and Fame Hasn't Helped 'Warren' As a Name
- Madoff—The Holiday Drink
- S&P Stocks Trading at New 52-Week Highs
- Nov. 23: Unusual Volume Leaders
Text Size 
Writer/Producer, CNBC.com
The Mountaineer Power Plant in West Virginia has become the world’s first coal-fired power plant to capture some of the carbon dioxide it churns into the air and store it in the ground.
“We are talking about cleaning what is currently one of the major problems in the environment,” Phillipe Joubert, president of France’s Alstom Power, told CNBC. Alstom Power is supplying the capture and storage technology for the plant, which is owned by American Electric Power [AEP Loading... ()].
The goal is to trap the CO2, a greenhouse gas, underground for thousands of years instead of letting it enter the atmosphere.
 |
Given the radical nature of the technology, there are significant concerns about the unintended consequences of such below-ground storage, but Joubert sounded a reassuring note.
“We have been using this technology for years, and mostly the oil and gas companies have been using it, and this is absolutely a proven technology,” Joubert told CNBC.
More news from CNBC.com:
- US Says Climate Bill Might Not Pass in Time
- Making Sense and Money Out of Carbon
- Look What's Next Door: A Carbon Neutral House
- The show attracts a big TV audience every year, but this year it may take on even more importance.
- …you'll want to be prepared. Tips for getting the most out of the post-Thanksgiving shopping frenzy.
- Congressman Ron Paul explains to Squawk Box why he’s pushing legislation to audit the Federal Reserve.
- CNBC’s Phil LeBeau took a test drive of GM’s flagship electric car. Here’s what he thought of the Volt.
- The energy company Power Efficiency is building tools that regulate the power electric motors use.
- CNBC’s technology reporter Jim Goldman guides you through the best gadgets to buy this holiday season.
Data is a real-time snapshot *Data is delayed at least 15 minutes