Sentences with phrase «expensive carbon capture technology»

Mark Carney, the FSB chair stated that a carbon budget consistent with a 2 °C target «would render the vast majority of reserves «stranded» — oil, gas and coal that will be literally unburnable without expensive carbon capture technology, which itself alters fossil fuel economics»

Not exact matches

It is the combination of future climate change policy (carbon price) and technology cost declines will make capture at the more expensive sites viable.

There is no need to invest in expensive, potentially dangerous and unproven technologies such as carbon capture and storage or geo - engineering.

While carbon capture technology is common, it can be expensive and, in most cases, requires extreme and precise conditions for the process to be successful.

In carbon capture, the core of this expensive technology, statistics show Huaneng has already managed to reduce the cost to a level that seems beyond some of its peers.

Concerning coal, it says under «Key observations» in the summary, «With current technology, coal - fired power plants using carbon capture equipment are an expensive source of electricity in a carbon control case.

Carbon use is important because, with current commercial technologies, power plants and industrial facilities equipped with carbon capture are more expensive to operate than their counterparts that vent CO2 into the atmosphere.

Those savings can offset increased investment in tropical forest preservation, renewable energy, nuclear power, carbon capture and storage, and other more expensive clean energy technologies.

Adding carbon and capture technology to new coal plants makes electricity from coal more expensive than energy from solar thermal and wind power, even when «firming costs» are included for alternatives (see table).

Developing expensive carbon capture and storage technology could limit emissions from burning the fuel, though the UK government currently funds those multi-billion pound efforts, too.

Thus, the problem with the proposals currently being discussed in Congress: They will, for the foreseeable future, direct private investment toward the least expensive emissions reductions (such as burning methane from landfills, purchasing forest land for carbon sequestration, or retrofitting power plants and buildings so they operate more efficiently) rather than toward breakthrough technologies (like low - cost solar energy and carbon capture and storage), which are too expensive to become widely adopted today but which are vital for creating a new energy economy and thus drastically reducing emissions.

For now the technology of capturing and storing carbon emissions is unproven, expensive and still in the research stage.

While we can ponder whether «clean coal» is an oxymoron, the carbon capture technologies that some power companies are starting to consider are very expensive.