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The high cost of coal-to-liquids.

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In Schuylkill County, Pennsylvania, more than a century's worth of coal mining has soiled the landscape. After hundreds of mining companies processed the coal, they left behind mountains of scraps that stick out like black blemishes on the picturesque terrain.

John W. Rich, Jr., president of Waste Management and Processors, believes the solution to America's energy crisis lies in this heap of waste. Since 1997, Rich has pursued an $800 million coal-to-liquids (CLT) plant in rural Mahanoy Township, Pennsylvania. He was the first to propose building a CLT plant in the U.S.

Using South African technology, the plant would take coal waste and ...

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