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Starmer announces tens of billions for carbon capture and storage. What does everyone think?

Mods - if there is a thread on this already, feel free to merge....

There's a thread on HyNet, under the Hydrogen heading:
viewtopic.php?f=15&t=28040

The announcement today is wider than just HyNet, although that is a big part of it.

This pretty much sums up my thoughts on it.....

A Schrodinger’s cat climate technology promised £22bn of UK taxpayer funding:
https://allouryesterdays.info/2024/10/0 ... r-funding/

Can just imagine the techno snake oil purveyors rubbing their hands in glee.

The prospect of easy money to be got from government, desperately keen to be seen to be doing something, anything, that will not discommode bau and economic growth to infinity and beyond, must have them salivating! Would also guess the PWCs of this world are dreaming up all sorts of complex reporting methodology wheezes designed to demonstrate how fabulously various projects will work irrespective of actual results that might be reasonably anticipated or eventually achieved.

The profits that the oilcos are making from destroying the environment should be used to pay for a technology that might, and I repeat might, reduce their impact on the environment. The oilcos should be paying. I, as a taxpayer, strongly object to paying to subsidise and greenwash oil companies.

Forever_Winter wrote: ↑04 Oct 2024, 11:24 Starmer announces tens of billions for carbon capture and storage. What does everyone think?

Mods - if there is a thread on this already, feel free to merge....

So the UK closes coal power stations and then goes for CCS.

Quite simply the country is run by gullible idiots.

kenneal - lagger wrote: ↑05 Oct 2024, 17:23 The profits that the oilcos are making from destroying the environment should be used to pay for a technology that might, and I repeat might, reduce their impact on the environment. The oilcos should be paying. I, as a taxpayer, strongly object to paying to subsidise and greenwash oil companies.

It won't help the oilcos reduce their impact on the environment.
In fact, the few places where they've implements CCS, they've actually used it for EOR (Enhanced Oil Recovery)
Basically, the CO2 is pumped down oil wells to get the last dregs of oil out of them, and then claim it as a green technology !!
https://www.iea.org/commentaries/can-co ... gative-oil

CCS 'may' make more sense for other industries, such as cement, but personally I don't really buy that either...