Saturday, August 22, 2009

Resume Enhancement for AEP's CEO--on Your Dime

What a jerk this CEO really is.

Utility giant AEP has applied for $334 million in stimulus money to construct the first commercial scale CO2 capture and storage project at a West Virginia coal-fired power plant. That’s about half the money needed for the project. The project goal is to capture 1.5 million metric tons of CO2 per year and then to store it 1.5 miles below the surface.

Following a bunch of mathematical stuff, we get here:

That works out to a rate of between $7.3 trillion to $24.3 trillion spent per hypothetical 1 °C rise in global temperature avoided. Remember, this is only a hypothetical temperture difference; it’s not at all certain that any temperature difference would actually occur!

All to make AEP's CEO's resume look oh, so green!

Not even Dick Abdoo had that gall.

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