Bloomberg: Requiring the use of carbon capture and sequestration technologies at coal-fired power plants could increase the wholesale price of electricity between 70 percent and 80 percent, an Energy Department official said.
Julio Friedmann, deputy assistant secretary for clean coal at the Energy Department, told the House Energy and Commerce Oversight and Investigations Subcommittee the first generation of CCS technologies have a captured cost of carbon dioxide of between $70-90 per ton for wholesale electricity...