Colin Challen MP [Member of the United Kingdom Parliament], the author of “Too Little, Too Late : The Politics of Climate Change” has told the nascent Carbon Capture industry to stop bleating for funding, effectively a bailout for the Coal industry :-
“CCS industry should support itself, claims MP : Wednesday 04 November 2009 : Labour MP Colin Challen believes the CCS industry should fund itself : A Labour MP has called on the Carbon Capture and Storage (CCS) industry to stop giving a “sob story” about needing government investment and instead fund new projects itself. Colin Challen, the MP for Morley and Rothwell, made the comments at today’s (November 4) Energy and Climate Change Committee meeting at Westminster, which was held as part of its inquiry into low carbon technologies. Responding to calls from industry body representatives for more government help in developing CCS plants, Mr Challen said: “It seems to me that research and development (R&D) has plummeted to a fraction of what it was. This industry has had billions of pounds out of the consumers’ pockets but yet we get this sob story about needing more money.” However, the director of technology and external affairs at Alstom – which builds integrated power plants – Philip Sharman, argued that utility companies have been investing in CCS, but said that the larger scale projects would need government help…”