The king wears no clothing, but it is even worse that he can’t afford to pay for being made to look like a naked fool.

High Costs Bury AEP’s Carbon Burial Plan
Posted on July 15, 2011 by News Staff

American Electric Power has scuttled its pilot project to bury CO2 from its Mountaineer coal-burning plant in Red Haven WVa. The original projected cost, before unanticipated overruns, was $668 million. About 1/3 of the gross output from a plant would be required to capture, compress and inject the CO2 into the ground, generating an automatic 50% increase in the cost of net output, before conversion costs.

“The AEP plan, announced with much fanfare in 2009, marked the first time that carbon dioxide was to be captured and buried at a US power plant.”

The pilot system would only have captured 110,000 tons of CO2 per year, out of a total of 7.9 to 9.8 million tons per year from the plant. The company, headquartered in Columbus, “cited difficulties in getting state regulators to approve charging customers for the costs of carbon capture.”

From this morning’s Columbus (OH) Dispatch: [1] http://www.dispatch.com/live/content/business/stories/2011/07/15/high-costs-bury-aeps-carbon-plan.html?sid=101

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It is a good thing that the people that made the decision to scuttle the AEP CCS project came to their senses. A country that is at the verge of bankruptcy should not waste one-third of a power plant’s energy production to bury even a fraction of the beneficial natural fertilizer that plant exhausts into the air, fertilizer that is essentially free of cost.

The economics of the decision to scuttle the CCS project are sound and make sense. It boggles the mind why anyone in their right mind and not blinded by harmful environmental fanaticism ever made a move to spend even a single dollar on such a hare-brained scheme.

The situation with [2] Shell’s CSS project in Alberta is no different with respect to it being a hare-brained scheme by environmental fanatics and government agencies catering to them holding Shell over a barrel. Don’t blame Shell for the idea that blowing CO2 down Mother Earth’s derriere at a billion-dollars a shot is a thing that Alberta consumers must fund. It is a political decision which Shell supports only because it cannot lose on it on account of taxpayers and consumers footing the bill.

I you think that those observations are not substantiated by facts, then you better have a [3] look at the comments that were posted at wattsupwiththat.com in relation to the AEP CSS scheme.