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Wyoming Utilities Balk at Carbon Capture Pricetag

"Under a 2020 law, utilities must generate some of their power from coal plants fitted with technology that captures carbon, but in recent filings to regulators, two companies are warning about the cost and environmental impacts."

"Wyoming has bet its future on carbon capture technology.

The state has poured money into research on how to remove carbon dioxide from industrial emissions, and what to do with the gas once it has been captured. State lawmakers have passed laws to encourage carbon capture and regulations to govern it.

As many other states and nations have tried to wean themselves off fossil fuels, Wyoming has done the opposite: In 2020, Gov. Mark Gordon signed a law—the first in the nation—that requires electrical utilities to generate some of their power from coal plants fitted with carbon capture equipment.

Wyoming produces 40 percent of the nation’s coal, and relies on fossil fuels to generate nearly 60 percent of state and local revenues. The goal has been to find a way for the coal industry to thrive even as the nation reduces greenhouse gas emissions."

Nicholas Kusnetz reports for Inside Climate News May 29, 2022.

Source: Inside Climate News, 05/31/2022