Carbon Capture : Over-run, over-budget, over-rated

[ UPDATE : Extra links at the end. ]

Looks like some people are waking up to the Carbon Capture and Storage (CCS) spin : it’ll be late, costly and still nobody can promise it will all work…but it’s a superb opportunity to ask for handouts from the State :-

http://www.abc.net.au/am/content/2009/s2727172.htm

“Clean coal more costly than first thought : Bronwyn Herbert reported this story on Thursday, October 29, 2009 : TONY EASTLEY: The vision of clean coal powering our future electricity has copped a blow, with new costings revealing that the technology won’t be viable for 20 years. The Federal Government’s own global carbon capture and storage institute says clean coal power generation won’t be commercially worthwhile unless the carbon price hits at least $60 a ton and that’s not expected until 2030. Clean coal advocates want the Government to lend a hand to make the first commercial size plants affordable…”

Extra links :-

http://www.businessgreen.com/business-green/news/2252191/ccs-coal-fired-plants-nearly

http://www.bloomberg.com/apps/news?pid=20601081&sid=aFWr9zH1ETM8

http://www.wwf.org.uk/news_feed.cfm?3403/Carbon-capture-wont-stop-tar-sands-threat

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