The Mudcat Café TM
Thread #149861   Message #3491194
Posted By: Q (Frank Staplin)
16-Mar-13 - 04:02 PM
Thread Name: BS: Problems with Solar Energy
Subject: RE: BS: Problems with Solar Energy
The Summit Power Group, this summer, plans to break ground on a US$2,5 billion coal gasification plant at Odessa, Texas.
The plant does not burn the coal, but will capture 90 percent of the carbon emissions, part to make fertilizer and the rest sold to the petroleum industry to push into the ground to enhance oil recovery.
Exxon Mobil will be one of the users of the enhancement technique, which will extend the life of current fields.

China is rapidly going ahead with coal-fired power plants, but they could decide to take advantage of this technology. TXU, the large power company and coal user, is planning 11 new coal-fired plants. The new technology could be attractiv to them and cause change in their plans.

The main enemies of this solution to the carbon problem are the rate-payers- the customers- because the carbon-capture method is expensive and increased costs of the electricity would be passed on to them.

The Texas Clean Energy Project is getting $450 million from the U.S. Department of Energy to help with the expense. One-third of that amount will absurdly be taken back by the government as tax!

NY Times, Joe Nocera, March 15, 2013, "A Real Carbon Solution."