Tuesday, November 29, 2011

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

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billion from 2000 to 2008 in technologies to reduced greenhousegas emissions, according to a national study. The amount represents the largest chunk about 44percent — of the total invested by all U.S. privatwe industry and the federal • Some $30.6 billion went into advanced end-uss technologies, such as combined heat and power (cogeneration), carbon capture and storage, and advanced • Fuel substitution — in which a lower greenhousde gas emission fuel such as naturall gas was substituted for a higherdone — accounted for $21.1 • More than $6.7 billion supported development of nonhydrocarbo n energy sources, such as wind, biofuels and solar power.
The total amountf spent by all U.S. industriese and the federal government on greenhouse gas mitigation durinfg the period of the studieswas $133 billion. The study was undertakenm by T2 and Associatesa and the Center for Energg Economics at the using data from 420 company annual federalbudget documents, and other public

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