On the edge of the abyss

The backdrop of a financial crash on Wall Street cast a shadow over this year’s Association for the Study of Peak Oil – USA conference in Sacramento in late September. Speakers talked of an ominous parallel between the financial crisis and another graver crisis in the making – the coming rapid decline of worldwide oil production, which has stalled after reaching an all-time high more than three years ago.

Delay and Fail

Last week, speaking at the Clinton Global Initiative meeting in New York, Al Gore suggested that young people should engage in civil disobedience to stop the building of new coal power plants “that do not have carbon capture and sequestration.”
I sympathize with Gore’s intent. Coal is the most polluting of the fossil fuels, and if we burn more of it there is little hope of averting catastrophic climate change.
But is carbon capture and storage (CCS) a solution?