Current:Home > MarketsCarbon capture technology: The future of clean energy or a costly and misguided distraction? -Wealth Legacy Solutions
Carbon capture technology: The future of clean energy or a costly and misguided distraction?
SignalHub View
Date:2025-04-04 06:15:22
Congress recently allocated billions of dollars in subsidies to promote the expansion of carbon capture technology. If new Environmental Protection Agency rules take effect, most fossil fuel-burning plants may be compelled to implement carbon capture technology.
However, carbon capture has faced significant criticism as a pricey and misguided distraction in the battle against climate change.
The National Carbon Capture Center, located along the banks of the Coosa River in Alabama, is a research facility affiliated with a coal and natural gas-fired power plant operated by Southern Company. It resembles a large laboratory where carbon capture has been tested for over a decade. John Northington, the facility's director, said that it represents a culmination of 135,000 hours of testing and over 70 different technologies.
"Our main mission here is to test carbon capture," Northington said.
Coal and gas-fired power plants are responsible for approximately 60% of electricity generation in the United States, and are the country's second-largest source of greenhouse gas emissions. Carbon capture technology aims to prevent CO2 emissions from being released into the atmosphere by capturing them with chemicals and storing them underground.
Northington said that the technology does work, with an average capture rate of around 95%.
But the real-world implementation of carbon capture has faced challenges.
The Petra Nova coal-fired power plant near Houston was the first and only commercial plant in the U.S. to use carbon capture. It encountered technical issues and high costs, and was ultimately mothballed in 2020. Its current owner is attempting to revive the plant.
Critics that include MIT Professor Charles Harvey argue that carbon capture and storage, also known as CCS, is not economically viable because it costs less to build new renewable energy projects such as wind and solar than to operate an existing coal plant.
"A dollar spent in renewable technologies will avert a lot more emissions than CCS will," said Harvey.
He argues that carbon capture allows the industry to continue relying on fossil fuels, and even the captured carbon from the Petra Nova plant was used to extract more oil from the ground in a process called enhanced oil recovery.
"The frustrating thing is that there is an easy solution and that is to stop using fossil fuels," Harvey said. "We have the technology to do that right now and I don't think we should be distracted from that."
While skeptical of CCS, Harvey believes that direct air capture, also known as DAC, which extracts CO2 from the atmosphere, could play a role in combating climate change.
The ClimeWorks plant in Iceland, operated by Swiss company ClimeWorks, is the world's largest DAC facility. It captures CO2 from the air, separates it and injects it into rock formations for permanent storage. However, these DAC facilities can only remove a fraction of the CO2 emissions released annually.
"Every ton of CO2 that's removed is a ton that's actually helping fight climate change and not contributing to global warming," said Climeworks' Chief Marketing Officer Julie Gosalvez.
But it can only remove about 4,000 of the nearly 40 billion tons of CO2 humans are pumping into the atmosphere every year. Its working to increase that amount and, meanwhile, larger facilities, including the one in Texas, are now being built as well.
"I'm excited," Northington said. "I think there's a tremendous amount of potential."
- In:
- Houston
- Climate Change
- Carbon Capture
- Environment
Ben Tracy is a CBS News senior national and environmental correspondent based in Los Angeles.
TwitterveryGood! (2)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Marathon swimmer ends his quest to cross Lake Michigan after two days
- Cardi B says she felt 'paralyzed' after 'freak accident' almost caused loss of pregnancy
- Ex-Arizona county treasurer embezzled $39M for over a decade, lawsuit says
- The Daily Money: Spending more on holiday travel?
- France's fans gave Le Bleus a parting gift after Olympic final loss: 'They kept singing'
- Imane Khelif vs Liu Yang Olympic boxing live updates, results, highlights
- Rev It Up: MLB to hold Braves-Reds game at Bristol Motor Speedway next August
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Harvard rebuffs protests and won’t remove Sackler name from two buildings
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- It Ends With Us Drama? Untangling Fan Theories About Blake Lively and Justin Baldoni
- Trump campaign projects confidence and looks to young male voters for an edge on Harris
- Feds say New York man threw explosive device into Verizon van during road rage attack
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- She's a Democrat. He's a Republican. Can love conquer all?
- YouTuber Joey Graceffa Shares Skin Cancer Diagnosis
- Giant pandas go on display at San Diego Zoo: Gov. Newsom says 'It’s panda-mania'
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Russian man held without bail on charges he procured US electronics for Russian military use
Quantum Ledger Trading Center: Leading the Evolution of Cryptocurrency Trading with AI Innovations
Quantum Ledger Trading Center: Leading the Evolution of Cryptocurrency Trading with AI Innovations
The 401(k) millionaires club keeps growing. We'll tell you how to join.
YouTuber Joey Graceffa Shares Skin Cancer Diagnosis
State of emergency in NY as Debby pummels Northeast with rain: Updates
Sha’Carri Richardson rallies US women in Olympic 4x100 while men shut out again