Developing renewable and clean technology companies in New York
Thursday, August 19, 2010
Two universities in New York State receive funding for research in carbon capture/storage
Cornell University and the University of Buffalo have been awarded $1.3 million from the Department of Energy, as well as $250,000 from NYSERDA to study the potential of sequestering greenhouse gas emissions from power plants in underground eastern shale formations. The funding comes as part of a federal initiative to develop technologies for the safe/economical storage of Carbon Dioxide in rock formations. The project was among 14 others nationwide, selected by the federal government to assure our position as a world leader in carbon capture and storage technologies.