Oklahoma

Economy, Energy, Natural Resources: Policy to People

“Clean Coal Technologies Inc. to Build Coal Test Plant in Oklahoma”

A New York Company financed by investors in Asia is going to build a new coal plant in eastern Oklahoma that will test methods to extract moisture and pollutants and use the fuel more cleanly and efficiently.


Officials plan to build the $3.6 million plant adjacent to an existing coal plant in Le Flore County, but Eves said it likely will be relocated so it won’t be limited to the kinds of coal it can burn. Ignacio Ponce de Leon, Clean Coal’s chief financial officer, said coal is a vital fuel for power generation around the world, despite concerns about greenhouse gas emissions from when it is burned. Still, coal is responsible for about 40 percent of the United States’ electricity and more than 60 percent of Asia’s power. Ponce de Leon said that won’t change anytime soon.

Read more at: newsok.com


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