Fmr. World Bank Economist on Medupi Power Plant Loan
ALERT
If you are unable to watch videos, that means you either have JavaScript turned off in your web browser or you have an old version of Adobe's Flash Player.
About this video
The World Bank has now approved a controversial $3.75 billon loan to South Africa to help build a new coal-fired power plant in that country. The proposed Medupi Power Plant would be a 4,800 MW, super-critical facility located a few hours' drive north of Johannesburg, very close to the coal mines that will provide supply. But the World Bank awarded the loan to state utility Eskom without the support of major shareholder countries, including the U.S. which abstained from the vote. For some perspective, Clean Skies News talks to Maureen Cropper, former Chief Economist for the World Bank, and a Professor of Economics at the University of Maryland.
Published: 04/09/10 4:51pm
Running Time: 06:23
Related Keywords: Politics, Production & Supply (Coal), International (Politics), Coal, Clean Skies News, Tyler Suiters, Eskom, Maureen Cropper, Medupi Power Plant, University of Maryland, World Bank
Source:
*This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.
Related Items
China Takes the Lead in Energy Usage
For the first time China surpasses even the U.S. in oil and "oil equivalent" consumption.
- 04:48
- 07/27/10
Energy Ministerial Energizes Clean Tech Research
Energy Ministerial focuses on energy efficiency.
- 02:40
- 07/27/10
IEA Press Conference Pushes Clean Energy Revolution
IEA Executive Director says support from world leaders for stimulus money, technologies, smart grid, important.
- 37:11
- 07/02/10
IEA Says Energy Revolution Underway
Executive Director Nobuo Tanaka says the early signs of an energy revolution are apparent.
- 08:41
- 07/01/10
Now on Clean Skies
Top Stories
CS Sunday: Water Power and Green Police
28:27 | 09/05/10
Cop Cars Go Green
02:53 | 09/09/10
Please contact us to discuss
Please contact us to discuss this new technology described below.
Clean Coal Technology Breakthrough
BEFORE AFTER
Coal is Green
May 3, 2010: Newport Beach, CA - On the heels of the Interagency Task Force on Carbon Capture and Storage meeting on May 6, 2010, in Washington, D.C, USA Green Energy Group, LLC announced a “Patent Pending Coal Combustion to Steam Process System” Today. USA Green’s process system uses 50% less coal without reducing the production of steam. USA Green’s process system removes NOX, SOX and other emission impurities down to EPA standards while capturing 99.9% commercial grade CO2 which meets the EPA’s requirements for sequestration. USA Green’s process system has been verified by fully licensed and registered United States based third party science and technology researchers and analysts. USA Green’s process system breakthrough can retrofit and nearly eliminate all emissions and pollutants from coal power plants, steel mills, refineries and other similarly situated fossil fuels.
USA Green Energy Group, LLC’s CEO says “the company has satisfied our strict benchmarks for performance for each phase of development. USA Green is positioned to dive in the clean energy technology sector and our timing could not be better. Environmental, national security, and the reliance of imports are all concerns at our national and global door steps, and I am pleased to bring our company to the next phase of operations as a solution to each of these concerns.”
USA Green’s units do not require traditional boiler system and can be installed utilizing existing steam turbine generators and power transmission without regular boiler room maintenance.
USA Green Energy, LLC owns this “Patent Pending Coal Combustion to Steam Process System” and the production and installation of their units does not require the installation of gas emission scrubbers presently required on coal combustion plants. Our system removes 99% of SOx and NOx in the exhaust stream.
With the installation of this “Patent Pending Coal Combustion to Steam Process System,” fuel costs are reduced by as much as 50% and SOx and NOx are eliminated. Installing USA Green Energy Group, LLC’s process system is relatively easy and replaces existing coal fired boilers which keeps existing steam generators and removes the traditional boiler rooms.
“USA Green will make coal the economic and environmental energy source of choice and the availability of technology licensing agreements furnishes us with a worldwide market” says Hirson.
Contact: Geoff Hirson or Gus Shouse Joint CEO & President -info@usageg.com
Geoff Hirson
USA Green Energy Group LLC
President
4740 Von Karman Ave #300
Newport Beach
California, 92660
United States of America
Office 949-251-0620
Cell +1949-697-3088
Fax +949-251-0628
geoff@usageg.com
www.usageg.com
This document, and the information contained therein, is the confidential and proprietary property of USA Green Energy Group, LLC. Any unauthorized distribution, copying, or publication of this document and information is strictly prohibited. All rights reserved by USA Green Energy Group, LLC.