Senator Rockefeller (D-WV) has introduced the “Future Fuels Act of 2008,” which would fund carbon capture and storage (CCS) research and incentivize the commercial implementation of advanced coal technologies (including CCS). The bill would establish the Future Fuels Corporation and authorize the Corporation to spend up to $520 billion on CCS demonstration projects between 2010 and 2014. In terms of incentives, the bill provides flexible federal loan options for coal-to-liquid projects as well as robust tax credits for pipelines to transport coal-derived fuels, coalmine methane capture, IGCC projects capturing and storing 65 percent of carbon dioxide (CO2) emissions, and CCS projects annually capturing not less than 500,000 metric tons of CO2.