The CO2 in the pioneering Norwegian CCS projects has moved in an unexpected way, says a recent IEEFA study. This raises questions about the feasibility and economy of large-scale CO2 storage.
Greening electricity: Global and EU status and trends.
Wind and solar produced more than 10% of global electricity in 2021, for the first time. They also surpassed nuclear, which fell below 10% for the first time in several decades. Hydro is still the top non-fossil electricity producer, but solar and wind are growing much faster.
This discussion paper analysis possible options for strengthening EU climate policies by phasing out the worst industrial emitters, promoting alternative production methods for steel, iron and cement industries, introducing strict rules for the inclusion of further economic sectors in emission trading, allowing CO2 tax systems at national level to complement ETS systems, setting up an innovation fund which focuses on renewable energy and energy efficiency and saving.
Direct air capture of CO2 is getting a lot of media traction, and a lot of finance from US billionaires. But the very few machines do not suck up much CO2, so Carbon Engineering uses Photoshop to increase their numbers.
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Acid News
CO₂ emissions from the cement industry can be reduced without CCS
Presenting a list of 142 gas-fired power stations in the EU and the UK that should be closed or not commissioned within the next 10 years.
Chapters: CCS no option; Gas power easier to turn off; Security issues for gas; Environmental cost of gas; Economic cost of fossil gas; The worst gas power plants - where to find them; Detailed analysis up to national NGOs; The largest operating gas power plants in Europe, ie those of >500 megawatt electric capacity; Planned gas power plants in Europe; Power plants under construction in Europe.
“Full Chain CCS” in Norway has received finance from the government. It will cost 1.74 billion euros to capture and store CO2 from one cement factory, equivalent to €434/tonne of CO2, or about 17 times the price in European emission trading.
