"It could cost $4 billion annually to eliminate the carbon dioxide generated by power plants in the Carolinas" according to a report sponsored by the U.S. Department of Energy.
The article further states "Coal-fired power plants have become the focus of carbon sequestration efforts because they are the principal emitters, followed by automobiles, office buildings and residential homes. In recent decades, modern industry has devised technologies for trapping pollutants such as fly ash, mercury, sulphur and nitrogen oxides, leaving carbon dioxide as the remaining obstacle to turning coal into a clean fuel."
News and Observer
March 24, 2007
John Murawski, Staff Writer
Clean coal would cost billions
Energy department puts $4 billion annual price tag on cleansing process
It could cost $4 billion annually to eliminate the carbon dioxide generated by power plants in the Carolinas.
The immense cost for cleaning up coal would be equivalent to building two nuclear power plants every year.
That finding comes from a report sponsored by the U.S. Department of Energy; the state's utilities reviewed it this week.
"Based on the findings of this report, it seems unlikely geologic carbon capture and storage is a viable option in North Carolina," said Progress Energy spokeswoman Dana Yeganian. Read more...