On October 15, 2009
Coal Carbon Capture Pushed as a Cheap Solution
Carbon capture and storage at coal plants may yet become a common sight. International calls for CCS development are escalating, and Nature reports that both energy ministers and the International Energy Agency are calling for rapid deployment of the technology, starting now. The IEA’s roadmap, released this week, asks for $2.5 to $3 trillion of investment between 2010 and 2050, including a $3.5 to $4 billion yearly commitment from some governments over the next ten years to fund demonstration projects. The problem with moving ahead is revealed by those numbers: any long-term plan for CCS must be prefaced with a decade or more of testing, as well as working out regulatory kinks to encourage private sector involvement. But where to…
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