FT: Carbon capture faces viability struggle
A technology at the heart of efforts to avoid global warming will struggle to be economically viable in many places, the company spearheading its use in the power industry has revealed.
SaskPower, a Canadian utility, last month became the first company to launch a commercial-scale carbon capture and storage system on a coal power plant, at its Boundary Dam site in the province of Saskatchewan.
The technology captures carbon dioxide gas produced by burning fossil fuels and pumps it deep underground.