The Economist slams “The illusion of clean coal”

In two must-read articles, the uber-sober Economist magazine slams “clean coal” — aka carbon capture and storage (CCS), or carbon sequestration — as an “illusion,” and an expensive and potentially dangerous one at that.

In an editorial, the Economist points out:

  • Tonne for tonne, CCS looks like an expensive way of cutting carbon. The cost of it may fall, but probably not by much, given the familiarity of the technologies it uses.
  • CCS is not just a potential waste of money. It might also create a false sense of security about climate change, while depriving potentially cheaper methods of cutting emissions of cash and attention–all for the sake of placating the coal lobby.

This is seriously bad news for Western Australia, as we have huge reserves of coal.


Posted by: Andrew
Company: Noble & Associates
Phone: 61894007400
Posted On: 1/1/0001
Contact via email: andrew@nobleaccounting.com.au
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