To my denier, clueless retard compadres..............this is a must read. It will bring a gigantic-ass smile to your face, especially when you realize that stuff like this is happening ALL over the country = a rejection of this global warming nonsense and a return to common sense.
Like I keep saying..........nobody gives a rats ass about the science.
From todays Columbus Dispatch...........
High costs bury AEP's carbon plan
Lower natural gas prices and policy concerns also affected decision
Friday, July 15, 2011 02:51 AM
High costs have trumped high hopes in the quest to reduce globe-warming pollution from coal-fired power plants.
A day after American Electric Power said it would halt a project to bury carbon dioxide deep beneath a coal-fired power plant in West Virginia, experts say the decision
reflects a seismic change in the economics of generating electricity. Since AEP announced its $668 million "carbon-capture" plan in 2009, estimates of the cost of the technology have grown. Natural-gas prices also have plummeted, and Congress has been unable to agree on a system for regulating carbon dioxide.
"Urgency has been diminished," said Chris Lafakis, an energy economist for Moody's Analytics.
Those same dollars might be better spent on building natural-gas-fired power plants, he said.
"It's a very different kind of world we're looking at now," said Kenneth B. Medlock III, an energy economist at Rice University in Houston.
One of the key differences is that Congress isn't close to an agreement about carbon regulation. As recently as 2008, many observers viewed such a deal as inevitable and those assumptions made carbon capture seem more feasible, he said.
Industry officials say clean-coal research is still very much alive. Southern Co. is testing a similar carbon-dioxide system at its Barry power plant in Alabama, said Revis James, director of the Electric Power Research Institute's Energy Technology Assessment Center.
"The stoppage of work at Mountaineer is not going to fundamentally change what we are going to do," James said, referring to the name of the AEP plant.
A new coal plant with carbon capture would cost $137 per megawatt-hour, according to the most-recent forecast from the Energy Information Administration. That is based on the estimated cost of construction and operation in 2016. The amount is more than double the cost from a gas-fired plant, which is $62.
Those numbers do not reflect the costs to modify plants such as Mountaineer.
AEP officials said the decision was tied to the sluggish economy and lingering uncertainty about federal energy policy. Spokesman Pat Hemlepp said the rising cost of carbon capture was not a significant factor, noting that "costs always rise" on construction projects
High costs bury AEP's carbon plan | The Columbus Dispatch
High costs bury AEP's carbon plan | The Columbus Dispatch
ANd go google the success of the northeast RGGI scam. Its in the toilet......a BS carbon reducing effort between states. Nobody cares about it in 2011.
And it leaves me laughing....................my ass off. Because all the OCD bozo's in here..........but especially Rolling Thunder..........think this shit is marching forward unabated because there is a consensus on the science.
And Sam's take on the k00ks insistence that they are winning???
PS........the operative word in the above article is????
How about............
seismic