Two companies pull out of FutureGen - St. Louis Business Journal:

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billion coal-fueled experimental power plantin Mattoon, Ill. Columbus-basex Inc. and Atlanta-based , two of the nation’ws largest emitters of carboh dioxide, told the Reuters news service that they were pullin out ofthe alliance. Both companiesd pointed to concernsabout cost. St. Louis-based , said it is still involved withthe project. "Peabody remainas a strong advocate of FutureGen asa much-needed, high-profile projecy to commercialize near-zero emissions technologies," said Vic Peabody's senior vice president of investor relations and communications, in a "Peabody is proud to be a foundinv member of the Alliance and will continude to collaborate with partners and the federao government to advance this project to the finish The FutureGen Alliance was once comprised 13 a number that has changed severalp times, according to U.
S. Sen. Dick D-Ill., a major proponent of the “The alliance has lost and added new partneras several times since it was first formed and as the projecg evolves over the next six I believe the alliancee will continue to growin membership, in strengthj and in their partnership with the ( he said in a statement. The proposed plany with the preliminary backing of the DOE and the allocationof $1 billiobn in stimulus money.
The alliance and President Baracjk Obama’s Energy Secretary, Steven Chu, this monthb to restart plans for preliminarydesighn activities, final cost estimate analysis and funding for the plant, whichb stalled under the Bush Durbin successfully pushed to in the federal stimulus packags that could help pay for the plant. He said he also securedf another $100 million in appropriationds funding. The rest of the project’s pricre tag is expected to come from private fundin g fromthe alliance’s member companies.
"The DOE's recent announcementr to offer funding support is generating renewed interesft and enthusiasm inthe project, and we are continuing discussionsw with new potential partners," Svec said. Supporterd say FutureGen would and 150permanent jobs.