Dept. of Energy Announces $122M In Funding For “Coal Innovation” Centers

Dept. of Energy Announces $122M In Funding For “Coal Innovation” Centers

On Friday, the Energy Department announced it will provide more than $120m in funding to create “coal products innovation centers… [that] …will focus on manufacturing value-added, carbon-based products from coal, as well as developing new methods to extract and process rare earth elements and critical minerals from coal.” 

Why This Matters: Coal innovation is an oxymoron or maybe just moronic – and certainly a dubious investment.

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