Carbon capture technology: The future of clean energy or a costly and misguided distraction?

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Carbon capture technology: The future of clean energy or a costly and misguided distraction?
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Congress recently allocated billions of dollars in subsidies to promote the expansion of carbon capture technology. If new EPA rules take effect, most fossil fuel-burning plants may be compelled to implement carbon capture technology.

However, carbon capture has faced significant criticism as a pricey and misguided distraction in the battle againstThe National Carbon Capture Center, located along the banks of the Coosa River in Alabama, is a research facility affiliated with a coal and natural gas-fired power plant operated by Southern Company. It resembles a large laboratory where carbon capture has been tested for over a decade.

Critics that include MIT Professor Charles Harvey argue that carbon capture and storage, also known as CCS, is not economically viable because it costs less to build new renewable energy projects such as wind and solar than to operate an existing coal plant. He argues that carbon capture allows the industry to continue relying on fossil fuels, and even the captured carbon from the Petra Nova plant was used to extract more oil from the ground in a process called enhanced oil recovery. "The frustrating thing is that there is an easy solution and that is to stop using fossil fuels," Harvey said."We have the technology to do that right now and I don't think we should be distracted from that.

The ClimeWorks plant in Iceland, operated by Swiss company ClimeWorks, is the world's largest DAC facility. It captures CO2 from the air, separates it and injects it into rock formations for permanent storage. However, these DAC facilities can only remove a fraction of the CO2 emissions released annually.

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