EUROPEAN PARLIAMENT HEARING COAL POWER STATION CARBON CAPTURE TECHNOLOGY
March 1st, 2006
BY KEITH NUTHALL
AN INFLUENTIAL energy research group has called for carbon dioxide sequestered from coal and gas power plants to help boost oil well extraction to guarantee investment in carbon capture technology. Speaking at a hearing organised in Brussels by the European Parliament's liberal and democrat group, the Bellona Foundation's Marius Holm said without the profits derived from additional oil, carbon capture equipment would remain too expensive. Even if pumping CO2 into oil wells increased yields by just 10% (the lower end of predictions), "that ...
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