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Michael Jackson Dies, Two FutureGen Partners Drop Out

Issue date: 6/25/09 Section: News
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Michael Jackson, arguably one of the most influential music artists of all time, has died today at the age of 50 of a heart attack.

According to a story by The Associated Press, Jackson was not breathing when Los Angeles Fire Department paramedics responded to a call at his Los Angeles home about 12:30 p.m., Capt. Steve Ruda told the Los Angeles Times. The paramedics performed CPR and took him to UCLA Medical Center.

Jackson had been preparing for was has been called his "comeback"- he was set to perform 50 shows in the London area, starting July 13.





In unrelated news, two financial backers for the FutureGen project have withdrawn.

According to a story by The Associated Press, American Electric Power Co. and Southern Co. leaves the nine power and coal companies that are still part of what's known as the FutureGen Alliance searching for new partners to help cover building and startup costs they expect to reach roughly $2.4 billion.

Both companies were concerned about the cost of the project.

The following is from The Associated Press:

AEP says it will leave the project by July 1, mentioning both uncertainty about its details and how much money the Columbus, Ohio-based utility would have to spend.

"There's like a billion dollar shortfall between what the alliance originally agreed to fund and what we think it's going to cost," AEP spokeswoman Melissa McHenry said. "There's not a definitive message from the Department of Energy of what scope and scale the project" will be, she said.

In reviving the project, the Department of Energy has said FutureGen's carbon removal and storage goals might have to be scaled back.

In a weak economy, AEP is cutting its capital spending and will focus on other carbon capture projects that it is involved in, McHenry said.

Earlier this year, however, AEP's Chairman, President and CEO Michael Morris had promoted FutureGen as a good candidate for federal stimulus money. "That is one clean coal project that is shovel ready," he told The Associated Press. "The world needs the technology."

Southern Co. spokesman Steve Higginbottom called the company's decision "definitely financial" and declined to elaborate. The Atlanta-based utility will spend only on other carbon capture projects it is working on, he said.

FutureGen had already said it needed to find new partners to help share the costs of the project, spokesman Lawrence Pacheco said, and is negotiating with several companies. He declined to name them.
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Viewing Comments 1 - 4 of 6

Huh?

posted 6/26/09 @ 7:56 AM CST

"In unrelated news": so why not make two articles? This headline shows an embarrassing lack of judgment.

(2 replies)   Details   Reply to this comment

Joshua Richardson

posted 6/27/09 @ 2:29 PM CST

I'm glad the paper is more concerned about publishing an obvious death than maybe, I don't know, publishing how the State of Illinois is in talks of reducing MAP grants. (Continued…)

Stop it

posted 6/27/09 @ 7:51 PM CST

Why does everyone trash the DEN? How can you expect them to exhibit common sense?

cool it

posted 7/01/09 @ 9:44 AM CST

this is a college paper and it's the summer time. there's probably like 12 people reading it right now. and half the regular staff is probably at home. (Continued…)

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