Gasp! The NewYork Times has published an opinion piece about Carbon Capture and Storage with a sober business analysis.
Large electricity systems need to be examined and re-examined for “good ideas,” to check for flaws, inferior technology, and bad predictions.
………………………………•
Fifteen years ago, before the cost of renewable energy plummeted, carbon capture seemed like a good idea. We should know: When we began a start-up 14 years ago — the first privately funded company to make use of C.C.S. in the United States — the idea was that the technology could compete as a way to produce carbon-free electricity by capturing the carbon dioxide emissions emitted from power plants and burying them. But now it’s clear that we were wrong, and that every dollar invested in renewable energy — instead of C.C.S. power — will eliminate far more carbon emissions.
Every Dollar Spent on This Climate Technology Is a Waste
https://www.nytimes.com/2022/08/16/opinion/climate-inflation-reduction-act.html?smid=nytcore-ios-share&referringSource=articleShar