Quote:
Originally Posted by crockett
Yea I know.. The ironic thing, is I'm actually stopped off in Denver and doing a short term contract job for the company that supplies NRG Energy with their clean coal tech. Not sure how long I'll be here but I couldn't pass up the money as it's pretty good. They seem to be a fast growing company and I'm sure being NRG is their customer that if this works out they will be growing even more.
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Quote:
Originally Posted by MK Ultra
It sounds like a great solution, reduce carbon emissions and recover a shitload of oil at the same time. 
Unfortunately I can imagine the more idiotic enviro-nazis who want us all thrown back into the 16th century, actually fighting against this because it's not 100% emission-free, plus how dare we pump our co2 pollution into the pristine environment of the inner earth! 
Plus there is the problem of the Pavlovian trigger word "pipeline" that is bound to make the treehuggers start frothing at the mouth. 
Don't get me wrong, I hope they can actually make it work but I foresee picketing and court challenges coming to this project in the near future.  |
I've gotta figure that to put $1 billion into this, quite a few peeps had to see huge dollars at the end and roadblocks busted through.
nevertheless, you're right, there is no guaranteed roi.
Some more of the positives though, re: pipelines, from what I've gathered, a co2 event is not that big of a hazard. It disperses quickly and 10% of the air needs to be co2 to be dangerous, or something around there. It's not flammable or combustible and at current prices of $40-$50 per ton, it has value and that means efforts to keep it contained would be better.