Carbon capture and sequestration has never been proved at commercial scale in coal-fired power plants, and many critics think the DOE money is a waste of funds. The cost of one project can run at the $1 billion level or higher, causing critics to say that full use of CCS on most of the world's coal plants would bankrupt the energy industry and possibly spur earthquakes (ClimateWire, June 19).
At the same time, supporters say there are few alternatives, considering that coal is expected to be a dominant player globally for years to come. According to a report from the Energy Information Administration, coal is expected to generate 39 percent of the nation's electricity in 2035, despite a decline from its current level of 45 percent.
Reprinted from Climatewire with permission from Environment & Energy Publishing, LLC. www.eenews.net, 202-628-6500