http://climateprogress.org/2007/06/13/obama-walks-away-from-liquid-coal/ The Latest on Climate Science, Solutions, and Politics Sun, 08 Nov 2009 08:19:29 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://climateprogress.org/2007/06/13/obama-walks-away-from-liquid-coal/#comment-5879 Himadri Banerji Btech Hons IIT KGP, MBA ,PhD Candidate Fri, 28 Sep 2007 11:09:43 +0000 http://climateprogress.org/2007/06/13/obama-walks-away-from-liquid-coal/#comment-5879 Over the next thirty years, the most rapid increase in energy demand is expected to come from the transport sector (+2.1%/yr versus 1.7%/yr for total demand). At present, this sector relies almost exclusively on petroleum products, which brings up two key problems: oil dependence and the reduction of greenhouse gases. In India and Chima, the cost of extracting coal is low (about $12/t), therefore the CTL solution may prove competitive compared to conventional solutions provided that the price per barrel oil stays higher than $40/bbl for a very long period. CO2 emissions are higher with CTL than for conventional technologies. To improve their greenhouse gas emission balance, consideration may eventually be given to capturing the CO2 emitted by these units and storing it in geological formations, which would cost an additional $10 to 20/bbl. Thus it may be too early to commit large scale funds to the CTL program. Over the next thirty years, the most rapid increase in energy demand is expected to come from the transport sector (+2.1%/yr versus 1.7%/yr for total demand). At present, this sector relies almost exclusively on petroleum products, which brings up two key problems: oil dependence and the reduction of greenhouse gases.
In India and Chima, the cost of extracting coal is low (about $12/t), therefore the CTL solution may prove competitive compared to conventional solutions provided that the price per barrel oil stays higher than $40/bbl for a very long period.
CO2 emissions are higher with CTL than for conventional technologies. To improve their greenhouse gas emission balance, consideration may eventually be given to capturing the CO2 emitted by these units and storing it in geological formations, which would cost an additional $10 to 20/bbl.
Thus it may be too early to commit large scale funds to the CTL program.

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