Climate Changed

Big Coal Wants You to Pay to Fix Its Problem

Fossil fuel producers may need $90 billion a year or more to spread carbon capture technology.

Emissions rise from the coal fired power plant in South Carolina, U.S.Photographer: Bloomberg Creative Photos/Bloomberg
Lock
This article is for subscribers only.

Some of the world’s biggest fossil-fuel producers are calling on taxpayers to help them kick their pollution habit.

The world’s biggest oil, natural gas and mining companies are stepping up their campaign to deploy carbon capture and storage, or CCS, as way to slow global warming. But with a potential $90-billion-a-year price tag, it’s too rich for them to do it on their own.