Joe Nocera: A Real Carbon Solution
Sometime this summer, in Odessa, Tex., the Summit Power Groupplans to break ground on a $2.5 billion coal gasification power plant. Summit has named this the Texas Clean Energy Project. With good reason.
Part of the promise of this power plant is its use of gasified coal; because the gasification process doesn’t burn the coal, it makes for far cleaner energy than a traditional coal-fired plant.
But another reason this plant — and a handful of similar plants — has such enormous potential is that it will capture some 90 percent of the facility’s already reduced carbon emissions. Some of those carbon emissions will be used to make fertilizer. The rest will be sold to the oil industry, which will push it into the ground, as part of a process called enhanced oil recovery.
Let us count the potential benefits if plants like this became commonplace. Currently, some 40 percent of carbon emissions come from power plants. The carbon-capture process Summit will employ “is the only technology that can reduce CO2 emissions from existing, stationary sources by up to 90 percent,” said Judi Greenwald of the Center for Climate and Energy Solutions. To put it another way, this technology could be a climate-saver.
Second: Environmentalists could call off their war against the coal industry, thus saving tens of thousands of jobs, as climate-destroying coal-fired plants were replaced by clean coal gasification plants. Third: Gas-fired power plants, which already emit 50 percent less carbon than coal-fired plants, could become even cleaner if they included the carbon-capture technology. Fourth: Using carbon emissions to recover previously ungettable oil has the potential to unlock vast untapped American reserves. Last year, ExxonMobil reported that enhanced oil recovery would allow it to extend the life of a single oil field in West Texas by 20 years.
Fifth: China. Too often, American environmentalists ignore the reality that the Chinese are far more concerned with economic growth than climate change. (And who can blame them? All they want is what we already have.) The Chinese are relentlessly building coal-fired power plants, which Western environmentalists couldn’t stop even if they tried. But if power plants like Summit’s — which will turn CO2 into profitable products — were to gain momentum, that would likely catch China’s attention. A reduction of carbon emissions from Chinese power plants would do far more to help reverse climate change than — dare I say it? — blocking the Keystone XL oil pipeline.