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The University of Wyoming will receive almost $5 million from the U.S. Department of Energy to continue studying carbon capture and storage – a developing industry that hopes to reduce carbon emissions from coal plants or possibly even remove harmful gasses from the atmosphere.
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A company focused on removing carbon from the atmosphere, or direct air capture (DAC) is hoping to build a carbon orchard in the state.
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The Wyoming Senate recently passed a bill that supporters hope will save two Wyoming coal plants from closure, but some say it will ultimately be costly to Wyoming ratepayers.Senate File 142 is 36 pages long and it took senate lawmakers multiple committee meetings and many hours to deliberate. In essence, the bill makes it more difficult for public utilities to close their coal plants, and it further pushes utilities to install carbon capture technology to keep the plants active. Some see carbon capture as a way to meet climate goals, while still using coal.
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A top coal producer in Wyoming is donating money to the University of Wyoming (UW) to help fund research into future uses of coal, which the coal industry and state are hedging their bets that these discoveries will keep the resource from going obsolete.
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The state may soon have more than a million dollars to put toward any future litigation revolving around coal – an industry that is facing uphill battles nationally to stay alive.
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Governor Gordon says Wyoming seeks to be Carbon Negative to Mitigate Climate Change, but sets no timeline
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Wyoming state law requires public utilities to make a plan for using carbon capture to produce some of their energy, and state utility regulators are still figuring out how to do that.
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A Wyoming electricity provider is potentially reducing its carbon footprint from two of its coal fired plants as part of a requirement of state law, however, the provider says the transition could prove complicated and expensive for customers.
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Two U.S. technology companies have announced a carbon capture project in Wyoming. The state hopes this will boost the economy and help with emission goals.
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Any new or future coal leases on federal land are now paused following a ruling by a federal judge late last week, and some say this decision likely will not change much for the industry, as coal has already been on the decline nationwide.