Paper: China won't scale up clean coal

A new Stanford paper says that while China may dabble in clean coal technology, it will never roll it out at scale...
In fact, fundamental and interrelated Chinese interests—in energy security, economic growth and development, and macroeconomic stability—directly argue against large-scale implementation of [carbon capture and storage] in China unless such an implementation can be almost entirely supported by outside funding.
... unless, of course, it is funded by the rich countries of the world.
Rich countries could pick up the whole tab, estimated by Stanford at $25 billion to $30 billion a year. That should be an easy sell in the U.S. Congress.
Exactly. Good luck with that one.

No comments:

Post a Comment