Saturday, May 19, 2012

With natural gas plentiful and cheap, carbon capture projects stumble

New York Times: A federal proposal to ban the construction of coal-fired power plants that release all of their carbon dioxide into the atmosphere would seem to smooth the way for carbon capture, a budding technology that traps the greenhouse gas for storage or other uses. But even as the Environmental Protection Agency prepares to open hearings on the proposed rule, unveiled in March, industry experts say the persistently low price of natural gas is threatening the viability of the nation's carbon capture projects....

URL: http://www.nytimes.com/2012/05/19/business/energy-environment/low-natural-gas-prices-threaten-carbon-capture-projects.html

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