EU blows £520m on carbon capture project that stored no carbon
It takes a really big government to waste money on a scale like this
Carbon capture aims to stuff a harmless fertilizer underground in order to change the weather. With CCS, the hard part is deciding which obstacle is the most stupidly unachievable. One ton of solid coal generates nearly three tons of CO2 in a puffy, fluffy, expanded gas form. It doesn’t take a genius to know it won’t fit back into the same hole. And even if you get it down there, it may not stay there. The gas has to be compressed, or refrigerated (or both). Underground holes are hot. Not surprisingly, this takes a lot of energy, so that to build a coal plant with the capability to “store CO2″ we must spend 60% more dollars, and then throw away 40% of the electricity as well.
You, I, global business, practically no one would spend their own money on it. The geniuses planning it thought the carbon price would rise from 30 euros to 100 euros which would make it a goer. Instead the carbon credit price feel to seven. (And that’s only after the EU propped it up.)
EUObserver spotted this CCS bonfire. I read it on Notalotofpeopleknowthat. h/t Paul Homewood
The Daily Express:
http://joannenova.com.au/2017/11/eu-blows-520m-on-carbon-capture-project-that-stored-no-carbon/
