Subtitle B—Carbon Capture and Sequestration
It is interesting that they can write detailed laws concerning technology that doesn’t exist yet.
I can’t quite figure out what they are doing about coal that isn’t used for the generation of electricity. About 10% of coal in the US is used for industrial process heat and other applications.
(6) CORPORATION. (Page 64)
They are creating a Carbon Storage Research Corporation (CSRC) to develop CCS technology. This seems to be duplicating some of the stuff FutureGen is already doing.
(1) AMOUNT.—(A) (page 76)
The are assessing power companies for each KwH produced to support CCS technology. This seems to punish companies that that use more efficient technologies that generate less CO2 per KwH. I think an assessment per ton of CO2 produced would be fairer and also cover coal applications that don’t generate electricity.
(l) DAVIS-BACON COMPLIANCE (page 86)
CSRC will comply with Davis-Bacon for it’s activities.
(3) COVERED EGUS INITIALLY PERMITTED FROM 2015 THROUGH 2019. (page 99)
50% reduction in CO2 emissions from coal seems a pretty silly goal when Natural Gas can do that right now and probably cheaper than coal when you add in the CCS overhead. With a CCS system a lot of the energy goes back into the cycle to power the CCS, which means you burn more coal to make up the energy lost. Plus you are generating more of the pollutants that actually harm people.
(j) DAVIS-BACON COMPLIANCE. (page 103)
It looks like commercial CCS projects will have to pay prevailing wage rates also.
References:
FutureGen
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