NYT:A Model for ‘Clean Coal’ Runs Off the Tracks: A Mississippi project, a centerpiece of President Obama’s climate plan, has been plagued by problems that managers tried to conceal, and by cost overruns and questions of who will pay.”
Well of course it is – Obama never, ever wanted to see coal as a part of his rainbows and unicorn fart energy program, and said as much when he was still just a candidate in 2008. This was set up to fail and, more important, as the NYT discovered, allowed to fail, so that he and his successor can argue, “hey, we tried that, and it didn’t work”.
Of course, any number of people could have told them, and did, that it would never work, but $6 billion of “ernest money” shows they really, reeeally tried, by golly. It’s all about a good faith effort – once you can fake that, you’ve got it made.