FutureGen was a project to demonstrate capture and sequestration of waste carbon dioxide from a coal-fired electrical generating station. The project (renamed FutureGen 2.0) was retrofitting a shuttered coal-fired power plant in Meredosia, Illinois, with oxy-combustion generators. The waste CO2 would be piped approximately 30 miles (48 km) to be sequestered in underground saline formations. FutureGen was a partnership between the United States government and an alliance of primarily coal-related corporations. Costs were estimated at US$1.65 billion, with $1.0 billion provided by the Federal Government.

Carbon capture and storage (CCS) is a process in which a relatively pure stream of carbon dioxide (CO2) from industrial sources is separated, treated and transported to a long-term storage location. For example, the burning of fossil fuels or biomass results in a stream of CO2 that could be captured and stored by CCS. Usually the CO2 is captured from large point sources, such as a chemical plant or a bioenergy plant, and then stored in a suitable geological formation. The aim is to reduce greenhouse gas emissions and thus mitigate climate change. For example, CCS retrofits for existing power plants can be one of the ways to limit emissions from the electricity sector and meet the Paris Agreement goals.