Financing CCS

Carbon capture and storage from coal is expensive - there is no doubt here.

It is, however, probably cheaper than the only alternative (and no - wind / renewables are not alternatives since they cannot comply with the grid code) - gas.

So it's good news that the EU have decided how to financially support carbon capture and storage.

I can imagine a few people saying that "this is a government policy which will support an unpopular technology that wouldn't otherwise happen". They are ofcourse right - but the money is coming from the generators themselves (via the price of carbon).

Hang on a moment. This sounds familiar - where have I heard it before?

Oh yes - wind. That very popular technology (so popular that 5% of planning requests are granted the first time around) that receives money from the generators via the renewables obligation.