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Revolutionary $1bn carbon capture plant about to be completed at Texas power station

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opednews.com Headlined to H4 10/14/16

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The Petra Nova plant is to be incorporated in the Washington A Parish power plant
The Petra Nova plant is to be incorporated in the Washington A Parish power plant
(Image by Global Construction Review)
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"The world’s largest carbon capture scheme is about to be fitted to a 2.7GW coal-fired power station in Texas at a total cost of $1bn."

It's not cost-competitive unless oil is above $75/barrel, but it makes one wonder whether it would make economic sense if taxes were shifted onto pollution & away from profits. Perhaps there is just not enough incentive? As Ralph Nader said: "Why not tax bads instead of goods?"

Read the rest of the story HERE:

At www.globalconstructionreview.com

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