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America is the Saudi Arabia of coal, said Ira Ehrenpreis, a partner at venture capital firm Technology Partners. Besides being abundant, the coal in the United States also has less sulfur than geologists find in places like India, but it still produces tons of carbon emissions when it burns.
The solution may be to turn the carbon dioxide that's emitted as a waste product into a liquid or a solid and then store it underground, said panelists at the Clean Tech Investor Summit taking place here this week.
"Carbon capture is easy," said Dan Arvizu, director of the National Renewable Energy Laboratory. Capturing the carbon from the smokestacks of coal-burning electrical plants would add about 20 percent to a consumer's electrical bill.
What happens to that captured carbon dioxide? Fuel giant British Petroleum and others have discussed storing the gas in depleted oil wells and caves. But those underground storage options aren't airtight.
"If only 1 percent leaks out a year, that means that in a century it's all out," Arvizu said.
To that end, the NREL has begun research into projects to turn the gas into a liquid or solid. "The research is just starting out," Arvizu said, but the idea is intriguing.
Ray Lane, a partner at venture firm Kleiner, Perkins, Caufield and Byers, said at the conference that he too liked the idea.
"It's how it was sitting in the ground (as a liquid or solid) for millions of years," he said. "I like coal."
Lane also regaled the audience with stories of hunting birds in South Dakota with friends who drive SUVs that can run on E85, a blend of gas that is mostly ethanol. A self-described Republican environmentalist, Lane said that this group was ahead of the curve.
But consumer surveys tend to show that most owners of E85-capable vehicles just fill their cars up with regular gas because ethanol is very hard to find. Only about 1 percent of U.S. gas stations have it.
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coal, carbon, gas, venture-capital company, CO2





Is that a significant loss? Sure.
Kindergarteners don't marry, the totally blind don't drive, and those who can't handle elementary school arithmetic don't have useful opinions on technical matters. They ought not be quoted in news stories as if they had any idea what they are talking about.
Capturing CO2 from today?s coal fired technology will increase electricity costs by at least 70%, if not double them. Putting CO2 capturing technology on a coal fired plant is akin to adding optical chips to an old manual typewriter. It makes no sense. Why perpetuate an outdated and terribly inefficient technology?
The new gasification technologies make it much easier to capture almost 100% of the CO2 versus traditional "coal burning" power plants. However, the best solution is to avoid creating the CO2 in the first place.
When addressing energy independence, you also address the environment and CO2, as they are inextricably linked, as are the solutions. Sequestration does make sense, by storing the CO2 in certain types of geologic formations, like those found in many Sates including Texas, Illinois, Indiana and Ohio. It would be not advisable to store CO2 near populated areas as a leak could have some severe and deadly consequences to humans as opposed to the environment.
Stan Jasek
We need long term solutions.
Not short-sighted ones.
human is putting many times more CO2 into the air,
more than the forest can consume.
Let alone with deforestation since human industrialisation.
time ,be pumped into algae ponds. Algae is fast growing, check out
my fish tank. As stated, press out the oil and then use the algae as
feed for the herbivores. The CO2 needs to be converted back into
O2.
We can not use most of the corn to make ethanol, taco shells will
cost too much.
We are producing too much C02 with too few trees to get rid of it. We can't just plant more trees. We can but with increasing population and development it just is not enough.
Solution:
Almospheric Scrubbers -Takes the C02 and converts it into oxygen using a type of photosynthesis. Massive power requirements though of course...
Problem:
Don't have the Technology yet.... You heard me get to work.
- sitting in the ground
- by preferatele12 January 25, 2007 6:39 AM PST
- "It's how it was sitting in the ground (as a liquid or solid) for millions of years," he said. "I like coal." Nice quote
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