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Press Releases - Statement from Kurt Waltzer, Carbon Storage Development Coordinator Clean Air Task Force, on shelving of the Mountaineer CCS project

by Kurt Waltzer

07/14/11

 

18 Tremont St., Suite 530 | Boston, MA 02108 | www.catf.us | 617.624.0234

Contact: Stuart C. Ross

"AEP’s decision to halt the Mountaineer project clearly underscores the need for strong federal emissions standards and effective incentives for early technology adopters. As AEP noted, it’s difficult for utility commissions to approve such projects without regulatory certainty. We now look ahead to EPA to propose a robust New Source Performance Standard rule in September that will require effective and affordable controls on greenhouse gas emissions from coal-fired power plants.

"In addition, we need more effective incentives for carbon capture projects. Dozens of early adopters are ready to move forward if the proper incentives are put in place. The current formula, where up to 50% of the costs are being covered by Department of Energy incentives, is proving to be a failure. The DOE must provide a greater cost-share so these early projects can move forward and accelerate broad deployment. Without this change, it’s unlikely the Administration will meet its goal of five to ten carbon capture and sequestration projects by 2016, as called for in the Obama Task Force on Carbon Capture and Storage report last year.

"The carbon capture and storage industry is in its infancy, even though the technology is demonstrated. We need to grow this industry to the point where carbon capture is on every coal and gas power plant in the country. Despite the obstacles, some commercial projects are still moving forward, such as the Southern Company’s coal gasification power plant in Kemper County, Mississippi. However, to fully deploy carbon capture technology, we need clear emission standards and effective incentives."

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For more background on the status of carbon capture and storage technology, go to www.coaltransition.org. And for more information on Clean Air Task Force, please visit www.catf.us.

914-649-5037 cell

sross@catf.us

Kurt Waltzer

614-296-3710 cell

614-884-3768 office

kwaltzer@catf.us

Statement from Kurt Waltzer, Carbon Storage Development Coordinator,

Clean Air Task Force, on shelving of the Mountaineer CCS project

July 14, 2011