|Carbon Capture Still Pricey For China|
|Written by Administrator|
|Tuesday, 27 July 2010 09:21|
Many environmentalists suggest that
Shai Oster – Wall Street Journal – July 26, 2010
With its vast manufacturing base and heavy reliance on coal for electricity,
The technology that strips out the primary global warming gas for storage underground, however, is extremely costly and consumes energy. Just this week, Peng Sizheng, an official from the Ministry of Science, was quoted by Chinese media saying that carbon capture shouldn’t be promoted in
His skepticism echoes earlier comments by energy czar Zhang Guobao. Carbon capture and sequestration “does not work as well as planting more trees or reducing desertification,” he told a conference last summer.
The high cost of storing carbon is affecting other initiatives to turn coal into oil. Chinese officials who used to back the process as a way reduce reliance on oil imports have now sharply cut support, and are allowing only a handful of coal-to-liquids projects, such as one proposed by South Africa’s Sasol Ltd., to proceed.