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Shell, Anglo American delay clean-coal plan

Shell and Anglo American will shelve development of an Australian-based clean-coal-to-liquids project worth $5 billion. The high price of capital and increased construction costs were the main reasons behind the mining and energy giants' move. The technology used for the Monash project also allowed a concentrated stream of CO2 to be separated from the fuel transported to injection wells in deep underground geological formations for secure storage. - Read More

Tags : clean coal coal to oil shell

Topics : Coal

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