Coal: FutureGen Alliance CEO reacts to DOE decision to hold approval of carbon capture site

Last December, the FutureGen Alliance announced Mattoon, Illinois as the site for construction of a government-funded coal-fired power plant that will use carbon capture and sequestration technology. Following the announcement, the Department of Energy did not immediately approve the site, citing high costs. During today's OnPoint, Michael Mudd, CEO of the FutureGen Alliance reacts to and explains why, he believes, DOE has not yet approved the project. Mudd explains what the FutureGen Alliance is doing to try to bring down the cost of the project and responds to claims that his organization is moving forward with construction plans too quickly.