Hey Al Gore Report Confirms – Carbon Capture and Storage Is Not the Magic Cure for Global Warming
Carbon Capture and Storage (CCS) – the miracle technology which will supposedly allow us to burn more coal while saving the planet from global warming – is a complete waste of time and energy. It’s so expensive that it makes even renewables and nuclear look cheap. These findings – from a report by Professor Gordon Hughes, Professor of Economics at the University of Edinburgh and a former adviser to the World Bank – vindicate a recent call by President Trump to cut the 2018 budget for CCS research by 77 percent. They also make a mockery of the grandiose schemes proposed by the International Energy Agency and the Intergovernmental Panel on Climate Change to decarbonize the global economy in line with the Paris Agreement. Both organizations have made heroic assumptions about the value of CCS technology in helping to meet their CO2 reductions targets. Here , for example, is the ex-head of the IPCC Rajendra P...