Project in question, a 582 MW lignite-fired integrated gasification combined cycle (IGCC) plant under construction in Kemper County, Mississippi. Compared to the $2.2 billion originally estimated in 2004, total costs for the nation’s only large-scale integrated carbon capture and sequestration project under construction have now almost tripled. Those familiar with the venture say the project’s total estimated costs now stand at about $6.1 billion($10M/MW!). It’s more than SME could stomach…The only credible clean coal technology, they say, is no coal at all. And judging from the recent trends certainly from the US and Europe, their message appears to be getting through…For Victoria, lignite is brown coal and IGCC most efficient, clean and cost effective possibility for La Trobe Valley stations, where dirty old boilers need to be as tall as 24 storey high rise building for enough energy in steam.