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Carbon Capture and Nuclear – doing nothing while Rome burns

It does not matter how much people want it, adding 1 and 1 never gets you to either 1 or 3, and that’s precisely the reason why the fossil fuel lobby will lose its markets over the next ten years. Two events happened this week – US Energy Secretary Rick Perry talking about making fossil fuels cleaner, instead of imposing draconian measures on oil, gas and coal; and the Drax Group, alongside Equinor and National Grid Ventures, announcing a plan to build a carbon capture zone in the north of the UK. Let’s make this simple. If 1 represents the number of people working in the sector and 1 also represents the cost of building a new plant, and 1…

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