The multi-trillion-dollar gamble on carbon capture and storage (CCUS) will be footed by billpayers, with subsidies and tax breaks that could account for half of the original cost, according to the Center for Global Energy Policy (CGEP) at Colombia University. The most surprising the about this? CGEP is famously pro-fossil fuels. So identifying that CCUS technology is uneconomical at both coal and natural gas plants should be seen as a last gasp cry for help to save companies that are resistant to the energy transition. Despite its intention to promote CCUS, this research alone makes a strong enough case to abandon the pursuit for carbon capture altogether. In CGEP’s report entitled “Capturing Investment: Policy Design to Finance CCUS Projects in…