Major player abandons research on CO2 storage

Posted: May 23, 2014 by oldbrew in Energy, innovation
image credit: Vattenfall Europe

image credit: Vattenfall Europe

Vattenfall pulled out in early May: ‘The group said that CCS was not among its priorities anymore.’

That puts a big dent in the UK’s carbon storage ambitions announced a few days ago, as discussed here at the Talkshop:
Another financial opportunity for CO2 scare merchants

Press report:
Vattenfall throws the towel in on CCS

Comments
  1. oldbrew says:

    Here’s the punchline:
    ‘Capturing and liquifying CO2 coming from carbon combustion to later store it underground was meant to curb greenhouse effect gas emissions, but its costs and the energy it requires make the technology unviable.’

    Read it and weep, CCS promoters.

  2. p.g.sharrow says:

    Financial and engineering constraints are getting in the way of Liberal Ecoloon wonderful dreams of paradise. One that they would gladly pursue as long as others can be made to pay for it. The sorry thing is that, this was all known before the pursuit of this madness started. pg

  3. cornwallwindwatch says:

    Reblogged this on Cornwall Wind Watch.