The Cost of EPA’s Senseless CO₂ Capture
By
Guest Contributor
May 17, 2024
By Frits Byron Soepyan, originally published by Newsmax Money, here.
In April 24, 2024, the U.S. Environmental Protection Agency passed a new rule that would require coal power plants that plan to continue operating after January 1, 2039, and new natural gas power plants that plan to begin operation on or after 2035 to capture at least 90% of their CO₂ emissions.
How much would this cost? And is it worth it?
Well, as they say, we ran the numbers. Thankfully, researchers from the National Energy Technology Laboratory (NETL) have provided the cost and performance estimates for retrofitting an existing coal power plant with Shell’s CANSOLV CO₂ capture system.
For the performance and cost estimates, I will use the NETL estimates for 90% carbon capture. (Here, I am using the term “carbon capture,” rather than “CO₂ capture,” because NETL uses the mass of carbon, rather than the mass of CO₂, in its calculations.)
https://climaterealism.com/2024/05/the-cost-of-epas-senseless-co%e2%82%82-capture/