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European Tribune - Comments - Energy realism: ExxonMobil and wind

And as an aside, they are also sayign that carbon capture will never make any kind of sense.

And it's not me saying it, but ExxonMobil

It's interesting to see my intuition that CCS is bollocks, confirmed by such treehuggers.

Mind you, pricing carbon in CO2 rather than in energy is bollocks as well.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Mon Feb 8th, 2010 at 01:00:01 PM EST
At the business level, CCS is not bollocks, it is effective greenwashing and PR. Effective, that is, until a company is found resisting demands that its new coal plant project be converted to CCS, as happened in Hamburg.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Mon Feb 8th, 2010 at 01:02:47 PM EST
[ Parent ]
My sense is that there are serious questions about basic feasibility of CCS if implemented at the required scale to capture CO2 from fossil fuels. I seriously doubt that any of the current coal, oil or gas companies would place a significant bet on CCS on any basis other than PR.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Feb 8th, 2010 at 09:35:46 PM EST
[ Parent ]
It's the hydrogen fuel cells and corn ethanol of the power industry.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid (arvid.hallen at gmail.com) on Tue Feb 9th, 2010 at 11:01:38 AM EST
[ Parent ]

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