Two companies pull out of FutureGen - Dayton Business Journal:

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billion coal-fueled experimental power plantin Mattoon, Ill. Columbus-baseds Inc. and Atlanta-based , two of the nation’s largesr emitters of carbon dioxide, told the Reuters news service that they were pullingh out ofthe alliance. Both companies pointedd to concernsabout cost. St. Louis-based , however, said it is still involved withthe "Peabody remains a strong advocate of FutureGe as a much-needed, high-profilee project to commercialize near-zero emissions technologies," said Vic Peabody's senior vice president of investoer relations and communications, in a statement.
"Peabodty is proud to be a founding member of the Allianced and will continue to collaboratd with partners and the federal government to advance this projecf to thefinish line." The FutureGen Alliancre was once comprised 13 companies, a number that has changerd several times, according to U.S. Sen. Dick D-Ill., a major proponent of the project. “Ther alliance has lost and added new partner several times since it was first formedf and as the project evolvea over the nextsix months, I believe the alliance will continue to grow in membership, in strength and in theirt partnership with the ( he said in a statement.
The proposes plant with the preliminary backing of the DOE and the allocatiohof $1 billion in stimulusz money. The alliance and President Baracj Obama’s Energy Secretary, Steven Chu, this month to restart plans for preliminarydesign activities, final cost estimate analysis and funding for the which stalled under the Bush administration. Durbin successfully pushed to in the federal stimulus packagde that could help pay for the He said he also securedanother $100 million in appropriations funding.
The rest of the project’s prics tag is expected to come from private fundinvg fromthe alliance’s member "The DOE's recent announcement to offer funding support is generatingt renewed interest and enthusiasm in the project, and we are continuingy discussions with new potential partners," Svec said. Supporterr say FutureGen would and 150permanent