The Business Council supports legislation that establishes the legal framework for state permitting of carbon sequestration. This legislation is necessary to allow the Oxy-Coal Circulating Fluidized Bed (CFB) power plant proposed by the New York Oxy-Coal Alliance to be constructed in Jamestown, New York to go forward with its funding and development.

Oxy-Coal technology is one of several innovative approaches that present an enormous opportunity to address three major concerns facing the State and the Nation – meeting our need for new power generation, increasing our use of domestic energy supplies, and reducing our emissions of greenhouse gases.

To read the bill memo in support of this legislation click here.