Fred Pearce. Great writer. Love his work on greenwash.
" . . . the most authoritative study, The Future of Coal, published last year by the Massachusetts Institute of Technology (MIT), concluded that the first commercial carbon capture and storage (CCS) plant wouldn't come on stream until 2030 at the earliest.
Last year too, the Edison Electric Institute, which represents most US power generators, admitted to a House Select Committee in Washington DC that commercial deployment will require 25 years research costing at least $20bn.
And that was before the US administration last December canned the biggest R&D project on the technology anywhere in the world. It said it was too costly and hinted that, for all their green talk, industry wasn't prepared to back it.
Oh, and if the technology did one day work – and could demonstrate that it could keep liquefied carbon dioxide buried for the thousands of years necessary – it would take decades to build the vast infrastructure needed to deploy on a large scale. Infrastructure that could only be paid for by maintaining a vast dirty coal-burning industry for the duration."