A clean coal solution finally – Laurus energy

Houston, Texas-based Laurus Energy says it has the technology to cheaply convert North America’s biggest asset into energy. Three-year-old Laurus came out of stealth mode this week, announcing it raised $8.5 million from Mohr Davidow Ventures in April to build a business around underground coal gasification (UCG) technology licensed from Ergo Exergy Technologies.  Laurus Energy’s exclusive rights for the North American market give it access to technology already in use in South Africa, India and Australia—technology unlike any other being used to produce a natural gas equivalent.

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