There are forces arrayed against carbon capture and storage because it does not afford as many opportunities for graft and crony capitalism. And because it throws a spanner in the works of wannabe totalitarians who wish to change the world to their preferred vision of how things should be.
And because at present it is expensive, especially when done right, solidified and buried (as opposed to pumping the gas underground, on land or under the sea)
From Iceland Monitor, May 20:
The Icelandic company Carbfix and the Danish shipping company Dan-Unity CO2 have entered into an agreement for the transfer of CO2 to the Coda Terminal – a new CO2 mineral storage terminal in Straumsvík, Iceland, according mbl.is which quotes a press release from Carbfix.
The shipping company, which has decades of experience in transporting various types of gas at sea, will transport CO2 on specially designed ships that run on environmentally friendly fuels. The carbon footprint from the shipping will be only about 3-6 percent of the CO2 to be disposed of. The first ships are expected to start sailing to Iceland from Northern Europe in 2025.
The Coda Terminal will be the first of its kind in the world, where the Carbfix technology will be utilized to permanently store CO2 by turning it into stone. The first phase of the project has already begun, and the terminal’s expected storage capacity will likely be three million tons of CO2 per year by 2030....
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