Jul 11, 2006

We already have technologies to cut carbon

MANY -- promise technological salvation: hydrogen fuel cells, ethanol distilled from grass, solar power, windmills, whatever. It's more fun to call for whiz-bang technologies than regulations and taxes. But it's also dishonest.

Companies are drilling for natural gas in the North Sea are starting to capture the carbon dioxide they release and inject it back under the sea floor. Because the United States lacks a carbon tax, natural gas drillers in this country have less incentive to do that. Meanwhile the Energy Department reports that there are plans to build 150 new coal-fired power plants in the United States, enough to generate power for 93 million homes.

Please read in full here (good viewpoint)