The world will need to have 100 large-scale carbon capture and storage (CCS) projects by 2020, with thousands more built over the following three decades, the head of the International Energy Agency said on Tuesday. "We will need 100 large scale projects by 2020, 850 by 2030 and 3,400 in 2050," Nobuo Tanaka told a CCS conference in London . . .Thanks JA for the link!
The IEA estimates $56 billion of investment will be needed in CCS globally from 2010-2020, followed by $646 billion from 2021 to 2030.
13 October 2009
Our Coal-Fired Future
Think the world is going to stop burning coal? Doesn't look like it: