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Carbon capture a cure no-one wants

Posted on 08 July 2013

A wealthy person is diagnosed with a fatal disease for which there is a possible but expensive cure. Surely this person would do everything they could to secure the cure. Yet the coal and gas industries, faced with such an outlook, are neither chasing the cure nor even accepting their fate.
A recent Grattan Institute report, Getting gas right: Australia’s energy challenge, highlights that the world has more than 200 years’ worth of gas resources. Yet to meet the climate change target agreed to by world governments, the energy system must produce near-zero emissions by mid-century………………………………………..Full Article: Source


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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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