Monday, July 28, 2008

A letter in the guardian

My supervisor (as a co-signiture) recently had a letter published in the Guardian. I can break it down into about three different parts.

1) Despite promises nothing has happened
2) The CCS competition attracted 18 entrants, and we're only funding 1
3) CCS needs an economic, not legislative, push to get it to run

The final paragraph says that:

"Government leadership on nuclear power has been clear.
The recent turnaround on renewable generation demonstrates ambition from the top, based on clear and generous incentives to wind farms.
Now, can government clean up the remaining 60 per cent of electricity?

There is a very large gap between the market price of CO2, and the funds required to reimburse full-sized experiments in storage (€39 predicted from 2013, compared to €70-100 per ton CO2 initially required).
That means introducing a subsidy linked to the EU market – there are many viable options. Learning quickly means not just one, but several clean power plants, actually built, actually operating, and built faster, with follow-through planned to become routine operations.

The prize of reducing UK emissions is great, but the far bigger prize is to actually fulfil the essential goal of reducing global emissions for all humans. To do so will require making both policy and financial resources commensurate with ambitions. And making sure the UK holds on to the opportunity to deploy carbon capture, sooner than planned
".

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