This always sounded too good to be true. The idea is that we can keep on burning coal as long as we “capture” the carbon that goes out the smokestack and re-apply it. It is called “carbon capture”.
“Carbon capture is total bullshit” and “a figment of the imagination,” Bloomberg said on Monday, addressing a crowd at the Bloomberg New Energy Finance summit in New York.
Now for the bad news
Yet President Donald Trump and many coal industry leaders talk about carbon capture as if it’s already solved the nation’s energy challenges. If we have “clean coal,” why invest in alternatives?
And billions have gone into trying to figure out how to do carbon capture and make “clean coal”. This pisses Bloomberg off, and it should piss you off too.