y*****l
发帖数: 5997 | 1 【 以下文字转载自 bluechips 俱乐部 】
发信人: yaokarl (大象,面壁中), 信区: bluechips
标 题: CAT TEN
发信站: BBS 未名空间站 (Mon Feb 8 11:20:57 2010, 美东)
TEN is the biggest automotive emission control supplier for CAT and many
auto companies in Detroit area. Very good investment for the long term.
Caterpillar Inc. Joins Industry and Government Partnership to Deliver State-
of-the-Art Clean-Coal Technology
Monday 02/08/2010 9:00 AM ET - Pr Newswire
Caterpillar Inc. (NYSE: CAT) today announced its intent to join the
FutureGen Alliance, a public-private partnership established to build a
first-of-its-kind coal-fired, near-zero emissions power plant in Mattoon,
Illinois. The FutureGen facility is designed to be the cleanest coal burning
plant in the world and will integrate advanced technologies for coal
gasification, electricity production, emissions control, carbon dioxide (CO(
2)) capture and permanent storage and hydrogen production on a commercial
scale.
Caterpillar has long been committed to technologies and policies that slow,
stop and reverse the growth of Green House Gas (GHG) emissions. Joining the
FutureGen Alliance further solidifies the company's global effort to promote
sustainable development and reduce carbon emissions.
"Clean-coal plays a critical role in our energy supply, energy security and
environmental protection," said Caterpillar Vice Chairman, Doug Oberhelman.
"The FutureGen project will demonstrate carbon capture and sequestration (
CCS) technologies that are absolutely essential for the world to realize
reductions in GHG emissions. This alliance recognizes the global nature of
climate and energy challenges and will provide domestic and international
communities the ground breaking technologies to assist in the shared goal of
reducing GHG emissions."
The FutureGen plant is a 275-megawatt integrated gasification combined-cycle
(IGCC) power plant. It will be capable of powering about 150,000 homes. The
United States Department of Energy will provide more than $1 billion in
funding to the project.
"In just a little over a week, the FutureGen Alliance has added another
strong partner with a deep connection to Illinois," said U.S. Senator Dick
Durbin (D-IL). "Caterpillar will bring a great deal to the table as the
FutureGen Alliance and the Department of Energy continue in the final stages
of negotiations. I look forward to welcoming many new FutureGen Alliance
members - from Illinois and around the world."
"I am delighted that Caterpillar is joining in this long-overdue endeavor to
advance our nation's energy independence and put people back to work in
jobs that will prove we can burn coal cleanly," said United States
Representative Timothy V. Johnson (R-IL), whose district includes the
FutureGen site in Mattoon. "We have been working toward this project for
nearly seven years, and this decision brings us one step closer to getting
under way. Caterpillar has practically written the book on sustainable
manufacturing. It's a perfect fit."
Researchers and industry experts have made great progress advancing
technologies for coal gasification, electricity generation, emissions
control, CCS and hydrogen production. But these technologies have yet to be
put together and tested at a single plant - an essential step for technical
and commercial viability.
"FutureGen is not only gaining the support of one of the world's leading
manufacturing companies, but also a partner in advancing CCS technology to
produce reliable, low-carbon power from our nation's abundant supply of coal
," said FutureGen Alliance Chief Executive Officer, Michael J. Mudd. "We are
grateful to have Caterpillar's support in bringing the world's premier
clean-coal power plant to Illinois."
Oberhelman added, "This is an important step to demonstrate that coal - the
most abundant and secure fuel source for electricity generation - can be
counted on to produce competitive, low carbon energy supplies for current
and future generations."
About Caterpillar:
For more than 80 years, Caterpillar Inc. has been making progress possible
and driving positive and sustainable change on every continent. With 2009
sales and revenues of $32.396 billion, Caterpillar is the world's leading
manufacturer of construction and mining equipment, diesel and natural gas
engines and industrial gas turbines. The company also is a leading services
provider through Caterpillar Financial Services, Caterpillar Remanufacturing
Services, Caterpillar Logistics Services and Progress Rail Services. More
information is available at http://www.cat.com. | y*****l
发帖数: 5997 | 2 TEN went up from below $1 to about $20 last year. Buy if it have a dip about
$15. |
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