A new study reviewed 13 carbon capture projects – 55 percent of the total worldwide capacity – and found both the technology and regulatory framework wanting. A new study by the Institute for Energy Economics and Financial Analysis (IEEFA) reviewed 13 carbon capture projects from around the world, accounting for around 55 percent of the total current operational capacity worldwide, and has found both the technology and regulatory framework wanting. The carbon capture and storage as well as carbon capture utilization and storage projects stemmed from the natural gas, industrial, and power sectors, and were reviewed in terms of their history, economics, and performance. IEEFA’s study found that Shute Creek in the U.S. underperformed its carbon capture capacity by around 36 percent over its lifetime, Boundary Dam in Canada by about 50 percent, and the Gorgon project off the coast of Western Australia by about 50 percent over its […]