I haven't followed the science of it as closely as you - but I do believe that there will be a lot of money thrown at "clean coal" technologies worldwide in the near term. I can see the logic in this one immediately (as opposed to the RIO/BP proposal which looks like an excuse for a government subsidy and a stamp of approval from ethical investment funds). Also interesting the way that India and and now Pakistan have jumped on it. Looks like they believe they have found a way to meet their own energy security needs. The fact that they aren't really in a position to subsidise blue-sky research that may eventually prove unworkable, strengthens the case for me.
I would guess that UCG is being viewed as both a threat and opportunity by global energy companies, and most will be wanting to learn more about it if nothing else. Possibly worth the airfare to go to Houston?
CXY Price at posting:
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