Tue 15 Jul 2014
All these carbon capture systems are just stupid. Generating poisons through industrial processes has never been a good idea. It just generated profits for the rich and the elites. But now with humanity on the line with global warming we have to just give it up. Right now and shift to renewables.
Ucilia Wang, Contributor
NRG’s $1B Bet To Show How Carbon Capture Could Be Feasible For Coal Power Plants
NRG Energy NRG -1.28% said Tuesday it’s building a $1 billion project to capture carbon dioxide emissions from a coal power plant in Texas and ship them 82 miles away to help boost an oil field’s production.
The Petra Nova Carbon Capture Project, a joint venture between NRG and JX Nippon Oil & Gas Exploration in Japan, will be the largest in the world to use a process that scrubs away the carbon dioxide after coal has been burned to produce electricity, the companies said.
Carbon dioxide, the primary greenhouse gas, would vent into the atmosphere and contribute to climate change if it’s not removed beforehand.
“This project is such a game changer because it acts like a bridge between the power and oil industry,” said Arun Banskota, president of NRG’s carbon capture group. “Carbon dioxide is something we need to increasingly manage. There is a huge shortage for carbon dioxide for enhanced oil recovery.”
Go there and read. More next week.