President Obama spoke today in California about the future of
America’s energy landscape, and how investments in the clean-
energy industry can lead to the creation of more jobs in
California and throughout the country. Clean coal is one of
these clean-energy technologies that must be developed as we
move toward a green economy and the creation of green jobs.
Clean coal is already helping boost the economy and employment
in places like Michigan: The U.S. Department of Energy has
touted the returns from clean coal investment in the past. A
study entitled Benefits of Investment in Clean Coal Technology
found that by 2009, the cumulative benefits from government
investment in CCT totaled $6 billion and cumulative DOE costs
totaled $3.5 billion. By 2020, the cumulative benefits are
expected to total $111 billion, at a cost to the DOE of only
$8.5 billion. has the 9th highest electricity prices in the
nation. And as we talked about last week rising energy prices
threaten to drive more businesses out of the state. T