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cb8888 said: "Thanks to Graydon , its a terrible story but the rush for sensationalism of seems to have overrun the facts. Even if ice breakers were available no..." [read]

said: "Technically Venice has been flooded for years. The buildings are built upon limestone which is resistant to erosion from water. However, the wate..." [read]

quikboy said: "Great! Just in time for the Summer Olympics! They should do this in Houston too!..." [read]

Eric said: "I'm in full support of the use of reusable bottles over disposable. However, I do question the wisdom of the following line... "Using paper..." [read]

Mackenzie said: "Larry: I recall the Gondola tour guide saying they have boats going up and down the river treating it in-place. The Gondola tour guid..." [read]

Carbon Sequestration Financials Look Weak

by John Laumer, Philadelphia on 12.23.07
Business & Politics

Tjeldbergodden.jpg

Magical thinking is highly vulnerable to serious cost-benefit assessment. It's no surprise, then, that Shell and StatoilHydro and others recently have scrapped plans to build "green" power plants that to capture and store carbon dioxide.

The decision to shelve the [consortium's] gas-fired power project, which was to be built at Tjeldbergodden in Norway, casts further doubt on the financial viability of power schemes that capture and safely store greenhouse gases."
In similar manner, "BP was forced to scrap plans to build a carbon-capture and storage scheme at Peterhead in Aberdeenshire, citing inadequate assurances of financial support from the British Government."

Oily pigs feeding together at the public trough: a sustainable reality show only until the money-ship hits the sand. How much longer until the same thing happens with plans to sequester carbon dioxide from coal fired electricity plants? A few years after a carbon cap is enacted, probably

Via::Times OnLine, "Oil giants abandon plans for ‘uneconomic’ green power plant", Image credit::Gas Technology Center, Tjeldbergodden

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