Systems with CO(2) capture and storage (CCS) that coproduce transportation fuels and electricity from coal plus biomass can address simultaneously challenges of climate change from fossil energy and dependence on imported oil. Under a strong carbon policy, such systems can provide competitively clean low-carbon energy from secure domestic feedstocks by exploiting the negative emissions benefit of underground storage of biomass-derived CO(2), the low cost of coal, the scale economies of coal energy conversion, the inherently low cost of CO(2) capture, the thermodynamic advantages of coproduction, and expected high oil prices. Such systems require much less biomass to make low-carbon fuels than do biofuels processes. The economics are especially attractive when these coproduction systems are deployed as alternatives to CCS for stand-alone fossil fuel power plants. If CCS proves to be viable as a major carbon mitigation option, the main obstacles to deployment of coproduction systems as power generators would be institutional.