Carbon sequestration: A costly pipedream « Green Hell Blog

Need to disabuse someone of the notion that carbon capture and sequestration (CCS) is a viable strategy?

University of Houston energy Michael Economides says in this recent study that CCS for just Kyoto Protocol-type CO2 cuts in the U.S. would require the drilling of 161,429 injection wells by 2030 at a cost of 1.61 trillion dollars — and there’s no guarantee that the CO2 would stay sequestered, much less accomplish anything for the climate.
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It’s quite a price to pay for something that may not work and, even if it did, would accomplish nothing.

If You Don't Hate the Cap and Trade Bill, Let Me Show You Section 304. - AIP Blog - American Issues Project

Let me introduce you to a little section of the Waxman-Markey cap-and-trade bill called the "Building Energy Performance Labeling Program". It's section 304 of the bill and it says, basically, that your house belongs to the state. See, the Federal Government really wants a country full of energy-efficient homes, so much so that the bill mandates that new homes be 30 percent more energy efficient than the current building code on the very day the law is signed. That efficiency goes up to 50 percent by 2014 and only goes higher from there, all the way to 2030. That, by the way, is not merely a target but a requirement of the law. New homes must reach those efficiency targets no matter what.

But what does that have to do with current homeowners like you? Well, I'm glad you asked. You're certainly not off the hook, no way, no how.

China News

But Beijing has refused to agree to any compulsory targets.

Chinese foreign ministry spokesman Qin Gang indicated the visit by Locke and Chu had no impact on China's climate change policy.