On the recordJune 19, 2007
First of all, we have enough coal in this country, if it is used at the current rate, to last us for 250 years. We need to develop it responsibly. This amendment for coal to liquids will develop it responsibly. What it does is it provides grants and loans for clean coal technology. Let me tell you the parameters because some folks have said this can't be achieved. In front of the Senate Finance Committee, it was testified that it is entirely capable, with the technology we have today, to have 85 percent carbon capture. This amendment requires 75 percent carbon capture. The National Mining Association said that with coal to liquids, adding some biomass with the coal, we could achieve 46 percent less in life cycle greenhouse gases than comparable petroleum--46 percent less. This amendment requires 20 percent less. This amendment is entirely doable by the industry. If we want to develop our coal resources in a manner that meets the needs of consumers as well as being able to develop our coal resources in a responsible way that would not trash the environment when climate change is such a huge issue in the world, we need to step forth and adopt this amendment.
Source
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