A new report out from the Global CCS Institute finds a decline in Carbon Capture and Sequestration (CCS) projects, which suggests grim tidings for new coal plants. Considering new EPA restrictions on carbon emissions from new coal plants, coupled with International Energy agency research that finds CCS a critical tool in the fight against climate change, it's not a stretch to say that an essential technology is fizzling.
While this could functionally preclude any new coal-fired power plant development, it may also spell opportunity for companies like Air Products and Chemicals (NYSE: APD ) and Southern (NYSE: SO ) , both of which have CCS projects in the works. Fingers crossed that they do better than American Electric Power (NYSE: AEP ) , which mothballed its CCS equipment in 2011. Watch the video below to find out more.
The natural resource-carbon nexus
Ultimately, this carbon story is intimately linked to natural resources. But do you know which resource is the most precious in the history of the world? It's not gold. Or even oil. But it's more valuable than both of them. Combined. And here's the crazy part: one emerging company already has the market cornered... and stands to make in-the-know investors boatloads of cash. We reveal all in our special 100% FREE report The 21st Century's Most Precious Natural Resource. Just click here for instant access!