Carbon capture and storage (CCS) has been presented by some as a promising technology to address the supposed threat of global warming while making possible the use of fossil fuels that emit carbon dioxide the promoters view as a pollutant. None of this is true.
CCS is expensive and unnecessary. It would raise the cost of energy, make uneconomic the operation of power plants and other facilities fueled by coal and natural gas, raise the cost of energy, and would have no positive effect on the environment. In short, CCS costs too much and is certain to fail at what its proponents promise.
Using data from the National Energy Technology Laboratory (NETL) and the U.S. Energy Information Administration (EIA), we found the following:
Costly
• The cost of retrofitting 114 U.S. coal-fired power plants (not scheduled for retirement) to achieve 90% carbon capture would be more than $148 billion, or about $2 million per megawatt of net power output. Operation and maintenance costs of coal plants would increase by more than 40%.
Useless
• Based on analysis using the Model for the Assessment of Greenhouse Gas Induced Climate Change (MAGICC), if the United States ceased all CO2 emissions in 2010, the amount of warming averted would be only 0.07°F by 2050 and 0.19°F by 2100.
Harmful
• Higher concentrations of atmospheric CO2 have contributed to increased crop production and a greening of Earth, 70% of which NASA has attributed to CO2 fertilization. CCS would reduce these benefits of atmospheric carbon dioxide and lead to reduced crop productivity.
Download the CO2 Coalition one page summary here.
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