Send a Tweet
Most Popular Choices
Share on Facebook 2 Share on Twitter Printer Friendly Page More Sharing
General News    H4'ed 10/14/16

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

Quicklink Submitted By     (# of views)   5 comments
Follow Me on Twitter     Message Scott Baker
Become a Fan
  (81 fans)
The Petra Nova plant is to be incorporated in the Washington A Parish power plant
Copyrighted Image? DMCA

'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

 

Well Said 1   News 1   Inspiring 1  
Rate It | View Ratings

Scott Baker Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former President of Common Ground-NYC (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of articles for (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)