The dirty truth about carbon capture: it's very expensive and it's a long way off. Speaking at the World Bank in Sydney, Mark Diesendorf of the Univeristy of New South Wales points to the Bush Administration's shuttering of the FutureGen project as an example of the escalating costs associated with this largely unproven technology.
Note that in June, Energy Secretary Steven Chu revived the FutureGen project with $1 billion and a directive that it come up with realistic...
]]>