Waxman-Markey Will Cause "Unprecedented Growth in Regulatory Bureaucracy"

SUGAR LAND--August 5, 2009--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Carbon capture and storage (CCS) projects look to be the victims of a veritable train wreck of conflicting technology, as well as legal, regulatory, and construction timelines, speakers told Infocast's Third Annual Carbon Sequestration Development & Finance summit in Houston in late July. Their dire warnings applied to CCS projects that use the gas for enhanced oil recovery (EOR), as well as projects that inject carbon into underground caverns for storage.

Companies featured: Southern Company (NYSE:SO), Foster Wheeler (NASDAQ:FWLT), American Electric Power (NYSE:AEP)