Loren Steffy

A business blog

Weekend reading: The true cost of carbon capture


This speech by Keith Rattie, the chairman of Questar Corp., a natural gas company, has been making the rounds on the Internet in the past few weeks, and a friend recently forwarded it to me. Speaking at Utah Valley University, Rattie examines not just the cost of cap-and-trade proposals for reducing carbon emissions, but the cost of carbon capture in general.

It’s a little lengthy, but it’s worth a read if you have some time this weekend. I particularly like his argument that alternative fuels are really “supplemental” fuels because they can’t possibly meet our energy demand on their own.

Rattie leaves us with some important questions, most importantly: are we prepared to pay the steep price we’re facing to reduce carbon? Even if we are, how do we know it will work?

UVU and BYU Speech

Categories: Economy, Energy