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Southern Company Backs Off From $700 Million Carbon Capture Project

First Posted: 05/02/10 06:12 AM ET Updated: 05/25/11 04:40 PM ET

Many are skeptical that Carbon Capture and Sequestration is a solution to climate change. The argument goes that coal can never be clean, and the costs and risks of storing carbon pollution deep underground makes CCS a false solution. The skeptics may now be joined by Southern Co., which is pulling out of an almost $700 million dollar CCS project in Alabama.

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Filed by Katherine Goldstein  |