Is carbon capture costly?
• Global warming is caused by greenhouse gases, particularly CO2, which build up in the air.
• Human industrial activity, including fossil fuel combustion, contributes to the build-up of these gases.
• Human response to climate change involves adaptation and mitigation.
• Carbon capture and sequestration (CCS) technology is a key tool in addressing these issues.
• CCS has been controversial due to concerns about creating more room for pollution.
• A study suggests that deploying CCS technologies will be more expensive than switching to renewable energy.
• Policies promoting CCS in 149 countries will incur 9-12 times the social cost of switching to renewable energy.