“Record-high world oil prices have prompted renewed interest in producing liquid fuels from coal. The United States leads the world in recoverable coal reserves. Moreover, the technology for converting coal to liquid fuels already exists, and production costs appear competitive at world oil prices well below current levels. Yet, despite its promise, private investment in coal-to-liquids (CTL) technology is being impeded. This book presents an in-depth review of the prospects of and policy, governance, and environmental issues associated with establishing a CTL industry in the United States.”
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