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Carbon captured from coal plants and stored underground will become economically viable by 2030, according to a new report (Photo: Alligator film /BUG / StatoilHydro)

Carbon capture in Europe can make money by 2030

A controversial and experimental technology that hopes to scrub coal-fired power production of its carbon emissions and store them underground could indeed be an affordable tool in the European Union's toolbox of alternative energy systems that aim to fix our climate problems, according to a new report.

The technology - "carbon capture and storage" or CCS - is the main mechanism for improving the environmental impact of coal plants within a panoply of technologies that are often promote...

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Carbon captured from coal plants and stored underground will become economically viable by 2030, according to a new report (Photo: Alligator film /BUG / StatoilHydro)

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