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Wednesday, March 10, 2010

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$250,000 to the Western Kentucky Carbon Storage Foundation

In 2009, the Department of Commerce and Economic Opportunity gave the Western Kentucky Carbon Storage Foundation a grant worth $250,000.00.  Western Kentucky Carbon is a foundation which was created when "Peabody Energy, ConocoPhillips and E.ON U.S. formed the non-profit Foundation to work with the Kentucky Geological Survey in a project that includes drilling a well to test the Knox and Mount Simon geological formations at a site in Hancock County."  The grant from the Department of Commerce was used to fund "a test well to research the permanent storage of carbon dioxide (CO2) deep underground in western Kentucky."  In addition to the funds received from Illinois, the Kentucky Department for Energy Development and Independence has also provided money for the project.

You can find this information by clicking on "Checks to Businesses & People" and searching for "Western Kentucky Carbon" in the "vendor" section.

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