A new report claims that 45Q federal tax credits for carbon capture & storage (CCS) can have a significant impact on CO2 emissions reductions by 2030. This is false and CCS is a fraud. The math is simple.
CCS
Flashback: Study exposes CCS as an expensive, physical impossibility
From the late, great University of Houston Petroleum engineer Michael J. Economides circa 2009, his paper presented at the 2009 SPE Americas E&P Environmental & Safety Conference. CCS is code for “no coal.”
Carbon capture bill set to be introduced in the House
Carbon capture and sequestration (CCS) on a utility scale is physically, financially and politically impossible. CCS is just another way of saying, “no coal.” Federal money spent on CCS is a fraud on taxpayers.
Source: UtilityDive.com
EPA to propose dumping CCS mandate for new coal plants
Fantastic. The EPA Science Advisory Board had objected to the CCS mandate as not-ready-for-prime-time. But the darn-the-facts Obama EPA ignored its own hand-picked SAB’s advice in order to rush through the rule that essentially banned new coal plants. President Trump is now rolling that back. Does this mean utilities will be building new coal plants? Not yet. It will take BURN MORE COAL to make that happen.
Who will pay for CCS? Easy. No one.
Carbon capture and storage is a dumb idea. On a utility scale, it is physically, financially and politically impossible. Anyway, who would want to deprive plants of all that plant food? Below is an Investor’s Business Daily op-ed by BURN MORE COAL co-founder Steve Milloy that lays out the case against CCS. By the way, the white stuff coming out of the stacks in the Reuters photo (below) is water vapor — a much more important greenhouse gas that no one is thinking of burying.