BP Funds Energy Conversion Research

on Saturday September 1, 2007

CEEPR is collaborating with professors in a number of engineering disciplines on a research program that will explore the conversion of low-value carbon feedstocks such as petcoke and coal to high-value products such as electricity, liquid fuels and chemicals while minimizing carbon dioxide emissions. The program is being funded by BP as a part of its commitment to the MIT Energy Initiative. CEEPR’s work is targeted to the analysis of the economic institutions and policies necessary for the successful development of a carbon sequestration industry, as well as an analysis of the integration of heavier feedstocks into the North American fuels market.

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(September 2007)