Sunday, May 17, 2009

CO2 Sequestration - who assumes the liability?

"CO2 is highly compressible, its density influenced by pressure and temperature.At injection depths, pressure is approximately 1,500 pounds per square inch (102 atmospheres) and the temperature is approximately 130°F. Under these conditions, 2,000 tons of CO2 would have a volume of about 200,000 cubic feet or about the size of a football field 3.5 feet deep." Lawrence Berkeley National

Think about this..... how safe does THIS sound? It goes into the earth forever, has a list of risks associated with it and Guess Who assumes the liability? I think you'll be surprised...... and even more unsettled when you read this!

The large-scale CO2 sequestration projects are putting 1 million tons of CO2 into the earth!!! Would you call this "safe"? They do.

Ratepayers of the electric companies will pay for Capture with higher rates.

Failure to Manage Liability Puts Taxpayers at Risk

Read the story here - Advancing Carbon Sequestration
Research in an Uncertain Legal and
Regulatory Environment
A Study of Phase II of the DOE Regional Carbon
Sequestration Partnerships Program
Craig A. Hart

January 2009