Climate Change versus CO2 Capture Technology
Filed in archive Alternative Energy , Future , Political by michael on May 08, 2006
As we can all see that there is no immediate relief in sight for reducing CO2 emissions and most likely our overall emissions of CO2 will rise as economies such as China and India continue to expand along with other country/economy infrastructure development.
In 2005, the Intergovernmental Panel on Climate Change (IPCC) issued a report for policy-makers that outlines the critical issues, both benefit and impact, associated with the new CO2 capture technology. The report affirms that CO2 capture technology is both viable and necessary; in relation to this, the report also states that fossil fuels will continue to dominate through the middle of this century.
The ifenergy.com post FutureGen Generation Next Power explains CO2 capture technology and CO2 storage: FutureGen Generation Next Power Note that this article explains that there is an associated cost for the reduced emissions in the case of FutureGen it's about 10%.
Presently Norway, Canada and Algeria
use industrial point source CO2 capture plants. New developments are underway in the U.S. as well as Europe. The potential for CO2 capture technology used in widespread application is estimated to be near an overall 40% capture of all global fossil fuel emissions.The ABA newsletter cites that until a legal and regulatory framework is established the full potential of CO2 capture will not be realized. I agree without a legal/regulatory frame work, the added construction/operations costs of capture plants make the use of capture technology attractive only from an emission reduction or a climate change standpoint and not from a consumer or business standpoint.
Source: Dominick J. Grazizno; Article
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CO2, Capture
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