Monday, December 28th, 2009
Carbon dioxide air emissions is one of the big issues in global warming debate. However, before you start controlling by putting the carbon in the ground, you first have to put lawyers in a room to argue. After a year that saw billions of dollars spent around a variety of carbon capture and storage pilot projects, the focus in 2010 will shift from press conferences and engineering discussion to court cases and conference tables.
Everyone has an opinion on what is the right thing to do in global warming. Far from just an engineering decision the task of making technology an effective weapon in the fight against climate change will take a lot more than working out funding details and letting the engineers work.
(more…)
Posted in (Clean) Coal, Carbon Capture, North America | 2 Comments »
Thursday, December 17th, 2009
A new report from Pike Research of Colorado says the addition of carbon capture systems to power plants will add 50% to 70% to the cost of creating electricity for existing and future plants.
The report, titled “Carbon Capture and Sequestration: Drivers and Barriers, Technology Issues, Key Industry Players, Market Analysis and Forecasts,” adds that such increases in costs will be initially underwritten by governments but gradually passed on to ratepayers.
(more…)
Posted in (Clean) Coal, Carbon Capture, Climate Change & Carbon Emissions, Finance | 2 Comments »
Tuesday, October 6th, 2009
Article appearing courtesy of Yale Environment 360.
The European Union will unveil a proposal this week calling for $73 billion (50 billion euros) in research over the next decade into improving wind, solar, and nuclear power technologies, as well as the development of carbon capture and sequestration projects and energy-efficient “Smart Cities.”
The report, prepared by the European Union’s executive body, the European Commission, says the surge in investment is necessary if Europe hopes to meet its goal of slashing greenhouse gas emissions by 80 percent by 2050.
(more…)
Posted in Biomass, Carbon Capture, Europe, Legislation, Nuclear, Solar, Wind | No Comments »
Wednesday, August 26th, 2009
Oil exploration and production technology may hold the key to secure CO2 storage, a report published by the CO2 Capture Project (CCP) today highlights. The report provides a definitive treatment of the CO2 storage subsurface technical issues and how oil and gas experience technology and protocols are available now to address them.
Entitled “A Technical Basis for Carbon Dioxide Storage” it provides guidance on how to assess and manage industrial-scale CO2 Geological Storage (CGS) projects through appropriate site assessment, operational parameters and monitoring. The report covers four main areas: site selection; well construction and integrity; monitoring programs; and development, operations and closure.
Scott Imbus, CCP Storage Team Leader said: “With this report, the oil and gas industry is transferring decades of experience and nine years of technology development to the fledgling industry of CCS. We hope this will provide the critical boost to turn the potential of CCS into a practical reality.”
(more…)
Posted in Carbon Capture | 2 Comments »
Thursday, June 4th, 2009
A powerful coal-state Democrat has inserted a 24-page provision into the U.S. Congress’s proposed cap-and-trade bill that would create a $10 billion Carbon Storage Research Corporation, including up to $500 million in “administrative expenses” over the next 10 years. The Web site Solve Climate said the institute would be operated by the coal industry and would research methods of storing carbon dioxide underground; it would be funded with a 50-cent-per-month surcharge on the utility bills of all U.S. households.
(more…)
Posted in Carbon Capture, Legislation, North America | No Comments »
Wednesday, May 27th, 2009
While coal-fueled power plants are directly responsible for roughly one-third of our CO2 emissions, the DOE indicates that coal is expected to dominate our domestic power generation at least for the next 25 years. Globally, the increased demand for coal-fueled electricity will translate into a 57% rise in related CO2 emissions by 2030 according to the IEA.
One technology that attempts to solve the CO2 emissions crisis is carbon capture and storage, or CCS. Generally speaking, CCS captures the CO2 emissions from coal power plants and other industrial sites and injects the CO2 into underground porous rock formations in hopes of permanent sequestration.
(more…)
Posted in Carbon Capture, Featured | 7 Comments »
|
|
|