Southern Company to seek funds for 'clean coal' project.

Southern Company plans to seek funding from the Energy Department for a project in Mississippi to capture carbon dioxide emissions.

The parent company of Alabama Power will ask the government to help support its proposed Kemper County power plant, Chief Executive David Ratcliffe said in an interview with Bloomberg News.

The Energy Department set a Monday deadline for companies to apply for matching funds under the Clean Coal Power Initiative, a program funded partly by $800 million from the U.S. economic stimulus law in February.

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