Budget overrun overstated.

The Illinois-based FutureGen project is back! Reasons why include: stimulus money, an Illinois-born president along with other, unnamed advisers also from Illinois, and an administration that is promoting "clean energy" as one of its core goals.

We just hope that their math is a bit better this time. Or does that really even make a difference? What do you think?

Read about it @ BNET Energy.

We stated in a previous post that the Obama administration did not favor coal or clean coal technologies.  It has become increasingly apparent that our statement was inaccurate and, thanks to a new article on Reuters, we will complete the unpleasant process of eating our words.

Now it appears that the new administration is committed to coal and the coal industry is singing its praises as a result.  This coupled with the billions of dollars forthcoming from the stimulus package surely has the entire industry breathing a deep sigh of relief.

Read about it at Reuters.

Pending further review by Barack Obama's administration, the introduction of newer coal dust monitors throughout the United States is currently on hold.  The monitors, proposed by MSHA four days prior to President Obama taking office, would replace antiquated monitoring technology from the 1970's.

Sparse details are provided by WSAZ NewsChannel 3.