Antinuclear

Carbon Capture and Storage- a tax-payer funded fantasy

the collapse of CCS projects overseas and in Australia shows the technology is commercially unviable

Greenpeace rejects carbon capture funding, ABC News, By Gus Goswell May 16, 2012  Environment group Greenpeace says governments are wasting public money on carbon capture and storage (CCS) research.

Carbon capture and storage is the process through which emissions from power stations would be captured and then stored underground to reduce carbon pollution. The Victorian and federal governments have invested millions of
dollars into CCS research.

However, Greenpeace says the collapse of CCS projects overseas and in Australia shows the technology is commercially unviable. Julian Vincent of Greenpeace says governments are paying an unfair share of the research bill because the coal power industry is unwilling to invest.

He says taxpayer money would be better spent on renewable energy projects such as solar and wind. “We need technologies, we need solutions that are on the table, that can be implemented in the next few years, if not already,” he said. “Germany, Spain, even China are basically whipping our backside when it comes to renewable energy. “These are technologies that are working, technologies that would work just fine in Australia.

“Unfortunately, a lot of our money, and unfortunately too much public
money, is being tied up in this industrial fantasy.

“This myth that is being purported about carbon capture and storage
coming along and saving everything is basically hoodwinking coal
communities into believing that, ‘don’t worry guys, carry on as usual.
This technology will come along and everything will be
hunky-dory’.”…..
http://www.abc.net.au/news/2012-05-16/greenpeace-rejects-carbon-capture-funding/4014094?section=vic

May 16, 2012 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, energy