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Market Outlook 2015: Oil Joins Gas in the Spotlight

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Energy Secretary Aims for Carbon Capture in a Decade

The US wants to have technology for coal-fired power stations to capture and store their carbon dioxide emissions ready for commercial deployment within a decade, said Steven Chu, the energy secretary.

 

If the US can keep to Mr Chu’s ambitious timetable, its technology would be ready for deployment sooner than in the European Union, which has until now been more aggressive in pursuing carbon capture.

 

Source: Financial Times

 

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14 SUM CVR 160x214Inside the Summer 2014 issue…

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