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Coal gasification: is it needed and can it be financed

Journal Article · · Public Util. Fortn.; (United States)
OSTI ID:7345838
Natural gas is now in short supply, and the Alaskan North Slope gas is not expected to be available to markets in the Lower 48 states until the early 1980s. The only other major sources of new gas supplies available to the nation are: (1) liquefied natural gas; (2) imported liquid petroleum products to be used as feedstocks for synthetic natural gas (SNG) plants; and (3) SNG from coal gasification. Government actions are limiting the development of these potential new gas supply sources. Efforts to date to develop the coal gasification industry are summarized. The major obstacle to the construction of large-scale commercial plants is that private industry cannot obtain financing through the conventional sale of equity and debt securities. The capital needed is greater than the worth of the company sponsoring the development. The different types of financial assistance available are listed. The author then cites historical examples when Federal loan guarantees were used, and he urgently recommends that Congress authorize ''Federal loan guaranties to get the first two or three coal gas projects under way.'' (MCW)
OSTI ID:
7345838
Journal Information:
Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 97:8; ISSN PUFNA
Country of Publication:
United States
Language:
English

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Related Subjects

01 COAL, LIGNITE, AND PEAT
010404 -- Coal
Lignite
& Peat-- Gasification
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294001* -- Energy Planning & Policy-- Coal
ALLOCATIONS
COAL GASIFICATION
ENERGY POLICY
ENERGY SHORTAGES
ENERGY SOURCES
FINANCING
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GASIFICATION
GOVERNMENT POLICIES
INDUSTRY
LIQUEFIED NATURAL GAS
NATIONAL DEFENSE
NATURAL GAS
NORTH AMERICA
PETROLEUM PRODUCTS
REGULATIONS
SECURITY
SYNTHETIC FUELS
TAXES
USA