Top 5 Reasons Carbon Capture
and Storage is a Myth
#1: CCS cannot deliver in time to avoid dangerous climate change
The earliest possibility for deployment of CCS on a large commercial scale is not expected before 2030. The Intergovernmental Panel on Climate Change (IPCC) does not expect CCS to be commercially viable until at least 2050. Nor does Oil-giant Shell who "doesn't foresee CCS being in widespread use until 2050."
#2: CCS wastes energy
The technology uses between 10 and 40% of the energy produced by a power station. Wide scale adoption of CCS is expected to erase the efficiency gains of the last 50 years and increase energy consumption by one-third.
#3: CCS is expensive
CCS could lead to the doubling of plant costs, and an electricity price increase of 21-91%. The US Department of Energy (DOE) recently pulled out of the only "clean coal" pilot project with CCS technology in the US due to massive budget increases from initial estimate of $800 million to $1.8 billion.
#4: "Capture Ready" coal plants are pure greenwash
CCS is being used as an excuse by power companies and utilities to push ahead with plans to build new coal-fired power plants, branding them as "capture ready." Promises to retrofit are unlikely to be kept. Retrofits are very expensive and can carry such high efficiency losses that the plants become uneconomical.
#5: Storing CO2 underground can have unintended consequences
The world has no experience in the long-term storage of anything, let alone CO2. A 2006 United State Geological Survey (USGS) field experiment showed there is every chance that carbon dioxide will behave in ways that are totally unexpected.
The researchers were surprised when the buried CO2 dissolved large amounts of the surrounding minerals responsible for keeping it contained.
For an in-depth look at Carbon Capture and Sequestration (CCS), check out "False Hope: Why Carbon capture and storage won't save the climate," recently released by Greenpeace International.