John Dutton
Forum Moderator
User ID: 78291643 United States 01/12/2022 12:50 PM
Report Abusive Post Report Copyright Violation | The US government spent $1.1 billion on carbon capture projects that mostly failed Is ANYONE surprised that the government fails on nearly all projects it takes up?Coal should be going obsolete because renewable energy is becoming cheaper, but the US government is keeping it afloat with the promise of capturing carbon emissions and storing them underground. Now, the Government Accountability Office (GAO) has said that federal agencies spent $684 billion on coal plant carbon capture and storage (CCS) projects that have mostly failed, Gizmodo has reported. It also spent $438 million on other three CCS industrial projects, two of which were cancelled. "DOE [Department of Energy] provided nearly $684 million to eight coal projects, resulting in one operational facility," according to the GAO report. "DOE’s process for selecting coal projects and negotiating funding agreements increased the risks that DOE would fund projects unlikely to succeed." [ link to www.engadget.com (secure)] “I’m the wall that progress ran into" |