Carbon Capture and Storage: A Costly and Risky Way to Tackle Climate Change
Carbon Capture and Storage (CCS) is an as yet unproven technology designed to trap carbon dioxide and store it underground so it does not escape into the atmosphere and contribute to climate change. The federal and Alberta governments are subsidizing the coal and petroleum industries by investing billions of dollars in CCS demonstration projects. This briefing note explores some questions concerning the costs of CCS, its risks and its adequacy as a method for mitigating climate change. It warns that investing in CCS will allow Canada to go on extracting, exporting and burning fossil fuels instead of adopting serious conservation, efficiency and renewable energy measures.
KAIROS Policy Briefing Paper #21: The Costs and Risks of Carbon Capture and Storage (November 2009)