rssInteragency Task Force Releases Report on ‘Clean Coal’ Technology
Thursday, August 12, 2010 at 4:39 pm
- 115 Comments
An interagency task force looking at long-term federal strategy for so-called “clean coal” technologies released its final report today. The verdict? There are no “insurmountable” barriers to commercial-scale deployment of the technology.
But there are a number of barriers to surmount. According to the report, uncertainty about climate change policy, high costs, regulatory uncertainty and potential concerns about liability are all major barriers.
According to the report:
Administration analyses of proposed climate change legislation suggest that CCS technologies will not be widely deployed in the next two decades absent financial incentives that supplement projected carbon prices. In addition to the challenges associated with cost, these projects will need to meet regulatory requirements that are currently under development. Long-standing regulatory programs are being adapted to meet the circumstances of CCS, but limited experience and institutional capacity at the Federal and State1 level may hinder implementation of CCS-specific requirements. Key legal issues, such as long-term liability and property rights, also need resolution.
Carbon capture and storage (CCS) technology, whereby harmful carbon dioxide emissions from coal plants are collected and sequestered deep in the ground, is seen by many in the administration as the only hope for continuing to rely on the nation’s abundant supply of coal. While the administration has called for a transition to renewable energy sources like wind and solar, coal with CCS is seen one near-term way to reduce greenhouse gas emissions.
But many environmentalists argue that CCS is an expensive and unrealistic pipe dream, citing soaring cost estimates and delays in demonstrating the technology on a commercial scale.
One issue that must be dealt with is liability or the question of who is responsible for the potential damages that could be caused by injecting large amounts of carbon dioxide into the ground and storing it there for thousands of years. The coal industry argues that it cannot be held fully responsible for such long-term liability.
The report calls on the Environmental Protection Agency, the Department of Energy, the Department of Justice, the Department of the Interior and the Treasury Department to provide recommendations on the issue by late 2011. In the meantime, the report gives a number of potential solutions to the liability dilemma. They include limiting future liability claims, creating an fund into which companies would pay to cover potential claims and the transfer of liability to the federal government.
These liability concerns echo the ongoing battle in Congress over a company’s liability in the event of an oil spill.
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115 Comments
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Comment posted August 13, 2010 @ 1:10 pm
Clean Coal Technologies (CCTC.PK) offers a great soilution to cost-effective and efficient coal use. I urge our nations leaders to take a look within this U.S based company already working towards building energy efficient plants in Inner Mongolia and India.
Comment posted August 13, 2010 @ 1:26 pm
I have also heard of CCTC as being a cost effective way as poster below me indicated. If China, Inner Mongolia and India are on the verge of signing huge deals with CCTC why has the U.S. checked into this company!!!!
Comment posted August 13, 2010 @ 1:27 pm
The post below should read “why hasn't the U.S. checked into this company?
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Comment posted September 4, 2010 @ 4:37 am
I was wondering the same thing as the posters below me. I've read up on Clean Coal Technologies Inc. CCTC.PK and have to say their technology looks to be far superior to its competitors. Maybe the FED is determined to use CCS?
Pingback posted October 7, 2010 @ 7:49 am
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Comment posted October 7, 2010 @ 11:40 am
GE and others needs look at company called clean coal technologies CCTI superior to coal scrubbing and costs 60-70% less
with OUT putting contaminants in the ground looking for partnerships and joint venture arrangements now.
Cleancoaltechnologiesinc.com
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Comment posted March 12, 2011 @ 3:49 am
Thermoenergy has a true clean coal tech that takes out 99.8% of all harmful emissions. CCTC does about 80% or a little more.
Comment posted March 12, 2011 @ 4:34 am
That CCTI.PK seems to be a real scam. They have been promising and failing to deliver for many many years. They seem to be nothing more than a pump and dump scam. However Thermoenergy, TMEN.OB seems to be on the right track and has already implemented their technology full-scale
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