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According to a recent story in the New York Times, the chairman of Puda Coal transferred a key interest in the coal mining company in 2009 and then turned around and sold that interest to a state-owned Chinese company.
FORBES: Chinese Fraud Hiding in Plain Sight
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All the proposals envisage a giant pipe starting with a coal plant, but then collecting carbon dioxide from anyone who will capture it before bringing it out to be buried under the sea bed.
BBC: Carbon dioxide from industry could be buried offshore
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Arguably, the biggest leap forward of all came in the 18th century, when Europeans found that they could get a lot more energy, first out of coal and then from oil.
FORBES: China Thirsts For Energy So It Won't Be Cheap For Us
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Until then, coal can be made to burn cleaner, but it will still be a leading contributor to global warming.
CNN: Energy debate may soon turn on 'cleaner' coal
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Son of a coal miner, built his business in the mid-1990s by forging ties with then prime minister Viktor Yanukovych.
FORBES: In Pictures: The 2009 Billionaire List
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Enron was then diversifying its energy business to emphasize natural gas, a fuel that was facing difficult market competition with coal.
FORBES: Magazine Article
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They were still a new denomination then, but had spread rapidly in the last fifty years around a nation of exploited factory workers, coal miners, and rural and inner-city poor.
NPR: Excerpt: 'The Prince of Frogtown'