What will carbon capture and sequestration cost you?
The Clean Energy and Security Act will result in increased costs of electricity, fuel, and manufactured products. Are you ready to pay 10-20% (who knows where it will stop) of your income for blue sky?
- andyLv 71 decade agoFavorite Answer
Currently the experts in the field of CO2 sequestration have found that it takes a third of the energy of a power plant to be able to get the CO2 in a form that you can pump it underground. Considering in the United States it's very hard to get approval for new power plants the actual cost of energy will jump sky high if we try this and we will have rolling black outs and brown outs. That is the one thing that the environmentalists don't want you to know is that the costs to do CO2 capture far out way the benefits for doing it.
- 1 decade ago
Johnnie B is on to something. Plants are extremely efficient at removing CO2 from the atmosphere. The only problem is, they don't need some large, intrusive government program to do it! All that captured CO2 is released when the plants decay. All we have to do is take plant material, turn it into charcoal, and bury it deep in the ground. Forget capturing CO2 from the stacks of a coal fired power plant, mother nature has already come up with a perfectly good system.
But you don't hear politicans talking about this solution because......?
- 1 decade ago
It should cost nothing. Mother nature already does this perfectly. Its called the carbon cycle. Its magic. Ma nature takes CO2 on a journey which ultimately turns it into coral reefs, limestone and cement. The Waxman bill will never pass because 51 conservative democrats object to it along with every republican.
- Nata TLv 61 decade ago
there were papers presented in 2008 about this at the GPA convention. The cost will add 50% to cost of the power at the power plant. This will mean about a 25% increase at your home.
Theis is true if and only if there is a place to sequester nearby the power plant. If not triple the fiquires.
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- MTRstudentLv 61 decade ago
US emissions in 2008 were 5.8bn tonnes.
The current bill, iirc, has a price limit of $28/tonne CO2.
US GDP is about $14tr
If all the permits were paid for, emissions weren't cut and the money disappeared, then the average cost would be 1.17% of the average American's income.
Of course, some permits will be given away for free, some CO2 emissions will escape permits, many places will cut emissions at a cost far cheaper than $28/tonne and the money will be reinvested and won't disappear.
- JOHNNIE BLv 71 decade ago
The best CO2 absorber is green plants.Look at the CO3,when the plants recycle CO2 give us O2, but the plants keep the C for food for the plants.It is a natural cycle and doesdoesn'td man to fix it.It is anoyanother of taxing U.The recycle system is working great and does not need our help.
- Author UnknownLv 61 decade ago
"Are you ready to pay 10-20% (who knows where it will stop) of your income for blue sky?"
I am willing to pay whatever price if it means the difference between a blue sky and some other colour.
- Didier DrogbaLv 61 decade ago
I'm not ready to pay 15%-20% more for energy.
I shouldn't have to - nobody has demonstrated that my using energy harms others.
- Anonymous1 decade ago
A lot. So I switched to heating with wood.