Wednesday, November 2, 2011

Study: Energy industry tops emission mitigation spending - Atlanta Business Chronicle:

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billion from 2000 to 2008 in technologies to reduce greenhoussegas emissions, according to a nationaol study. The amount represents the largestchuno — about 44 percent — of the totalk invested by all U.S. private industry and the federal • Some $30.6 billion went into advanced end-use such as combined heat andpowert (cogeneration), carbon capture and storage, and advanced • Fuel substitution — in which a lower greenhoused gas emission fuel such as natural gas was substitutef for a higher one accounted for $21.1 billion; More than $6.7 billion supported development of nonhydrocarbob energy sources, such as biofuels and solar power.
The totak amount spent by all U.S. industries and the federal government on greenhouse gas mitigation during the perioc of the studieswas $133 billion. The studyg was undertaken by T2 and Associates and the Cented for Energy Economics at the using data from 420 compangannual reports, federal budget and other public

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