Despite Climate Fear, Global Study Finds Fewer Carbon Capture Projects

"WASHINGTON — The number of large-scale projects to capture and bury carbon dioxide has fallen to 65 from 75 over the last year, a worldwide survey has found, despite a consensus among scientists and engineers that such projects are essential to meet international goals for slowing the buildup of climate-changing gases."

"The survey was released on Thursday in Seoul, South Korea, by the Global CCS Institute, which is based in Canberra, Australia. Since a survey a year ago, five projects have been canceled, one reduced in size and seven postponed, while three have been added, the report said.

The leader in capture and sequestration, as the technique is known, is the United States, the report said, although that is mostly because of the use of carbon dioxide for stimulating the flow of oil out of old wells. Otherwise, the American program for capturing carbon dioxide from power plants is lagging."

Matthew L. Wald reports for the New York Times October 10, 2013.

Source: NY Times, 10/11/2013