The FutureGen Alliance last week signed a $553 million cooperative agreement with the U.S. Department of Energy to work with Ameren Energy Resources to develop a pipeline and underground storage facility in Illinois to house emissions from an existing coal plant.

The revamped $1.2 billion project calls for an idled plant owned by Ameren in Morgan County, Ill., to be retrofitted with its carbon dioxide emissions moved through a newly constructed pipeline to a new underground storage facility.

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