David Vance SubstackRead More
First of all, let’s start with the plans of Red Ed Miliband, our Energy Kommisar.
The government has pledged nearly £22bn for projects to capture and store carbon emissions from energy, industry and hydrogen production. It said the funding for two “carbon capture clusters” on Merseyside and Teesside, promised over the next 25 years, would create thousands of jobs, attract private investment and help the UK meet climate goals.
That’s a lot of your taxes going on carbon capture so I guess we might want to start by asking -does it work? The answer in short is – No, it doesn’t and we have evidence.
Let’s take a trip to Iceland where they have been working on the idea of carbon capture for some years.
Cimeworks in Iceland has only captured just over 2,400 carbon units since it began operations in the country in 2021, out of the 12,000 units that company officials have repeatedly claimed the company’s machines can capture. This is confirmed by figures from the Finnish company Puro Earth on the one hand and from the company’s annual accounts on the other. Climeworks has made international news for capturing carbon directly from the atmosphere. For this, the company uses large machines located in Hellisheiði, in South Iceland. They are said to have the capacity to collect four thousand tons of CO2 each year directly from the atmosphere.
It gets worse…
According to data available to Heimildin, it is clear that this goal has never been achieved and that Climeworks does not capture enough carbon units to offset its own operations, emissions amounting to 1,700 tons of CO2 in 2023. The emissions that occur due to Climeworks’ activities are therefore more than it captures
Got that, so this carbon capture operation CREATES more Carbon dioxide than it captures. That is a net failure. (That said, we need MORE C02 so in a way it’s a good outcome that it fails but an expensive one)
However the UK Government remains deeply committed to following this ludicrous carbon capture strategy and ploughing vast sums into an operation that is literally counter-productive!
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