Business Week: Atlantic City is opposing a plan to capture CO2 from a coal-fired power plant in northern New Jersey and bury it under the ocean floor. The City Council passed a resolution Wednesday against the proposed PurGen One plant in Linden that would trap CO2 waste, transport it through a pipeline and pump it under pressure into the sea bed off Atlantic City. The $5.2 billion project was proposed by Massachusetts company SCS Energy, which says the technology has been proven to work elsewhere and is…