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Fischer – Tropsch Fuels Changing The Face of Energy - AIPN

Fischer – Tropsch Fuels Changing The Face of Energy - AIPN

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Emerging Coal to Liquids Opportunity• United States Government priority– Key provisions in 2005 <strong>Energy</strong> and Highway Bills• Loan guarantees for clean coal technology, including fuel production• Funding for research and development in excess <strong>of</strong> $1 billion• Tax credit for <strong>Fischer</strong>-<strong>Tropsch</strong> fuels produced from coal(50 cents/gal = $21/bbl)• Government policy objectives– <strong>Energy</strong> diversity and domestic security <strong>of</strong> supply– Superior performing fuels for military applications (jet fuel)– Environmentally friendly ultra clean fuels– US job creation in Clean-coal industry21

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