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So more than doubles. The International Panel on Climate Change has actually put more emphasis in this. If youre trying to hit a 550 target and you take ccs off the table, the cost goes up about 50 or really goes up between sort of 30 and 80 for 550. If you want to hit a 450 target the cost triples. Goes up between 200 and 400 . Thats a lot of money, and its just because in some markets coal with ccs is the cheap option. Not everywhere, maybe not in california, maybe not in arizona, but in a whole bunch of markets, in a whole bunch of places in the country and around the world, ccs with coal is the cheapest option for deep abatement, and if you get rid of that cheapest option, you have to replace it with something more costly or less efficient. The good news is weve made a lot of progress on this. This slide is actually a little old, but basically the lower two bars are ....
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SOCAR And Bp Host Field Visits Under Global Methane Emission Reduction Initiative menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
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