Carbon Capture Needs Decade of Subsidy, Harvard Researcher Says

window.document.getElementById(‘post-7932′).parentNode.className += ‘ adhesive_post’;Bloomberg: Technology to remove and bury carbon dioxide emissions from coal-fired power plants will require at least a decade of government subsidies before becoming economically viable, a Harvard University researcher said. Start-up costs for carbon-capture and storage, known as CCS, are high enough to "need some kind of subsidies" for 10 or 20 years before the technology can compete with other forms of low-carbon power generation, Mohammed Al-Juaied, a visiting scholar at Harvard’s Belfer …

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