Carbon Capture Fraud: The $1.6 billion (and counting) Taxpayer Gift to Coal and Oil Industry

Could carbon capture and sequestration save the world?

Canadian taxpayers are putting $1.6 billion into the experiment

Desperate Times, Desperate Measures

by Stephen Leahy

Published in Nov/Dec’09 issue of Watershed Sentinel

Like a reckless gambler, the federal government’s plan to deal with our emissions of climate-altering carbon dioxide is to put most of our money on an unproven, risky and expensive long shot called “carbon capture and sequestration,” CCS for short. In a pair of October announcements, the Alberta and federal governments committed $1.6 billion to use this untested technology to reduce carbon emissions from an Alberta coal plant and a Shell Oil tar sands upgrader. Billions more are promised.

Canada puts 600 million tonnes of carbon dioxide into the atmosphere every year. That has to stop. This generation, you and me, must determine what methods and technologies offer permanent CO2 reduction at the scale we need, and do so quickly, safely and at the lowest cost. And we must act on that knowledge as if the future of children’s lives depend it because we are shaping the world they will inherit.

We cannot rely on political and business leaders to make these decisions on their own, as will become evident.

What other ways could we reduce our CO2 emissions with $1.6 billion of public money – $200 per Canadian family of four?

Replace 3.2 million older inefficient refrigerators with high-efficiency ones, thus reducing carbon emissions by 2-3 million tonnes annually. Continue reading