Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-16-Speech-2-416"
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"en.20081216.38.2-416"2
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"The geological storage of carbon dioxide is undoubtedly an exciting technological challenge. We must not forget, however, that in the interests of protecting the environment and limiting climate change, we will ultimately have to reduce the emission of greenhouse gases. That is, we need to limit our use of fossil fuels rather than try to find alternatives for storing the emissions underground. This technology is, moreover, rather expensive. So far only Norway has succeeded in introducing it on an industrial scale and, according to estimates, such storage could cost as much as EUR 100 per tonne. No doubt that amount of money could be spent more usefully, for instance on supporting renewable energy. It would be particularly inappropriate if Community funds were to be used to finance research being conducted in the wealthiest Member States. If the geological storage of carbon dioxide were really as good a solution as its advocates claim, then it should be capable of surviving in the market, in open competition."@en1
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