Blackout: Heinberg on dwindling coal reserves and the siren song of

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Right now the U.S. is on the verge of a momentous gamble, as reflected in the ACES bill: betting that long-term emission reductions can be achieved via carbon capture and sequestration (CCS). ACES postpones serious domestic reductions for over a decade on the assumption (hope?) that CCS technology will mature and drop in price enough to enable the indefinite use of coal.

Similarly, at U.N. talks it is fervently hoped that CCS will enable coal to continue driving developing-world economic expansion (as oil declines, coal use has risen). Nothing approaching WWII-scale investment in renewables and efficiency is on the table.

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