Carbon Capture Getting Lots of Renewed Attention
By Staff, IEA, Clean Coal Centre
Supported by advances in new technology and federal support through grants and tax incentives, the nascent carbon capture sequestration (CCS) industry might well be in a stronger position today than ever before. The high cost and complication of carbon capture technology have created several obstacles for success over the years … The importance of achieving success with CCS technology is paramount to slowing the rate of carbon emissions globally. Consider that roughly 1,140 gigawatts (GW) of coal-fueled capacity have come online in the past 20 years, with nearly all (95%) built in China, India, and Southeast Asia.