Earlier quoted context omitted.
That process is entirely electric and so the benefits depend completely on the energy provider, is 10 years away from actually-maybe happening, and requires CCS to be carbon neutral. The last bit is the most relevant to this particular discussion.
> requires CCS to be carbon neutral Why would that be? Hydrogen doesn't contain any carbon. If you produce the hydrogen from electrolysis and the electricity from renewables the process would be carbon free. (You can still argue that there are emissions in construction and such, but I don't think that's what you meant.)
Carbon Capture and Storage is necessary to keep global warming below 2°C
121–130 of 221 posts
Re: Carbon Capture and Storage is necessary to keep global warming below 2°C
#122Earlier quoted context omitted.
Nuclear is already viable in countries with sane regulatory environments (France, and hopefully China, given how fast they’re ramping up). The fact that the US market structure and regulators led to unsafe and unprofitable power plants has little to do with the underlying technology.
> Nuclear is already viable in countries with sane regulatory environments (France, and hopefully China, given how fast they’re ramping up). France: https://en.wikipedia.org/wiki/Flamanville_Nuclear_Power_Plan... "A third reactor at the site, an EPR unit, began construction in 2007 with its commercial introduction scheduled for 2012. As of 2019 the project is three times over budget and years behind schedule." China:…
Between 1975 and 1988 the world added 250 GW of carbon-free nuclear generation. That's 20 GWe/year.
https://www.iaea.org/resources/databases/power-reactor-infor...
Re: Carbon Capture and Storage is necessary to keep global warming below 2°C
#123CCS technology is uneconomic. Like incredibly uneconomic. Like, the last thing you would pay for after doing all other possible things. https://scholar.harvard.edu/files/stock/files/gillingham_sto... https://ourworldindata.org/how-much-will-it-cost-to-mitigate...
I think many of us just haven't internalized the percentages of gasses, and probably, like myself, often have it all backwards. An alien doing a fly-through of our solar system would describe our planet as a nitrogen atmosphere.
In descending order:
Nitrogen: 78 percent
Oxygen: 21 percent
Argon: .9 percent
CO2: a measly 0.04 percent
Groking that last value really helps frame the challenges that CCS has to deal with (and also gives one an appreciation of just how powerful of a greenhouse gas CO2 is).Re: Carbon Capture and Storage is necessary to keep global warming below 2°C
#124I think carbon capture is the way, I will soon do a show hn of our little company called carbonHarvester, we have as per as I know the cheapest technology of capturing the CO2 out of thin air, our aim is to enable anyone using an air conditioner to harvest CO2 from thin air with a little additional energy bill, and we can regenerate the captured CO2 cheaply.
Nice! Add your company to AirMiners, the largest index of companies mining carbon fro the air: http://airminers.org We'll feature it on the top of the list.
Re: Carbon Capture and Storage is necessary to keep global warming below 2°C
#125My intuition is that it would be almost always cheaper to pay e.g. Norway and Saudi Arabia to not pump out the captured carbon (in form of fossilized plant matter) in the first place, instead of pumping it out in the form of oil, burning it, then capturing the CO2, liquifying it and finally pumping it back underground where hopefully it doesn't bubble up again. But that would be the problem a world-wide carbon emissi…
I mean it actually isn’t that simple. In a market with significant inelasticity in demand you’d certainly see the price rise if they pressed the stop button, but the decline in consumption in the short term wouldn’t be as severe. As long as there’s other places to get the product the market would adjust to meet that demand. Granted in the long term higher prices would help a lot, but a tax at the point of demand/cons…
In general the more upstream the taxation the easier to implement (it would be easy to simply tax the oil an oil rig produces), while the tax income would be probably fairer distributed if the tax is at the more consumption level/downstream.
Re: Carbon Capture and Storage is necessary to keep global warming below 2°C
#126Earlier quoted context omitted.
3. The oil and gas industry is well placed to provide CCS services from an engineering perspective. Even without your second point it would be a commercial opportunity for them.
The oil and gas industry might well go bankrupt in the next decade as investors start to anticipate the huge cost of running declining businesses (with declining yields), and account for the trillions of stranded assets. Also, government will ask these companies to pay for the health and environmental cost of all their emissions. The insurance industry will also refuse to support them at some point. Why expect such a…
Re: Carbon Capture and Storage is necessary to keep global warming below 2°C
#127I want to applaud you for making the most vanilla contribution in 114 years. It turns out that everyone who appears to care doesn't give a shit, and CCD doesn't matter, and neither does natural gas. I personally think it is a huge global warming scam - but if I am wrong - go to nukes. They waiting and safe (recently)
Even without CCS fossil can be switched to carbon neutral biomass and syn-gas for that occasional demand which is not economic to meet with oversupplied renewables, hydro and battery storage. Nuclear promotion desperately ignores that there will be plenty of energy generated most of the time by far more economic solar, wind, hydro and storage. There will be no point to staff and run nuclear's thermal plants most of t…
Re: Carbon Capture and Storage is necessary to keep global warming below 2°C
#128CCS technology is uneconomic. Like incredibly uneconomic. Like, the last thing you would pay for after doing all other possible things. https://scholar.harvard.edu/files/stock/files/gillingham_sto... https://ourworldindata.org/how-much-will-it-cost-to-mitigate...
That is an important point that struck home with me when I came to realize just how minuscule the amount of carbon dioxide is in the air relative to other gases: it's nigh-on a rounding error. I think many of us just haven't internalized the percentages of gasses, and probably, like myself, often have it all backwards. An alien doing a fly-through of our solar system would describe our planet as a nitrogen atmosphere…
Re: Carbon Capture and Storage is necessary to keep global warming below 2°C
#129Earlier quoted context omitted.
You're right. Somewhere around 2023 Fox News is going to do a complete about-face on global warming, aggressively urging taxpayers to fund these initiatives, conveniently forgetting everything they ever said on the topic, and watchers will somehow make sense of it.
And if that happens, are you going to take the win, or are you going to cut off your nose to spite your face?
Re: Carbon Capture and Storage is necessary to keep global warming below 2°C
#130Earlier quoted context omitted.
That is an important point that struck home with me when I came to realize just how minuscule the amount of carbon dioxide is in the air relative to other gases: it's nigh-on a rounding error. I think many of us just haven't internalized the percentages of gasses, and probably, like myself, often have it all backwards. An alien doing a fly-through of our solar system would describe our planet as a nitrogen atmosphere…
Nitpicking, but it's 0.04%, sadly.