Ed Milliband announced this week that the Government wants to fund at least two Carbon Capture Storage projects but Centrica has warned that the technology will take at least 15 years to develop before it can be used widely. Robert McKie in the Observer reports that “Current estimates suggest it will cost at least £50 to bury a tonne of carbon dioxide”. A 800 megawatt power station produces 5 million tonnes a year. Meanwhile the cost of a tonne of CO2 has collapsed in the carbon trading markets.
Can we afford it? It has been calculated that here in the UK we have put more CO2 in the atmosphere per head of population than any other country. If we want to continue using coal we must find a cleaner way.