New jobs boom from 'green' coal; 'North Sea can power world for five years'.
AMBITIOUS plans to unlock the energy potential of the North East's remaining coal seams were unveiled last night. Newcastle company Five-Quarter is aiming to raise pounds 30m to use underground coal gasification to tap into the reserves in a 400sq km area off the North East coastline.
It aims to be producing energy within two years and at full production within a decade, by which time it believes it will be employing thousands of people. Five-Quarter director and Newcastle University Professor Harry Bradbury, said: "This is a very exciting project for the region which has the potential to create thousands of jobs."
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|Title Annotation:||News; Front Page|
|Publication:||The Journal (Newcastle, England)|
|Date:||Jul 2, 2011|
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