Clean coal key to combating climate change: Rio Tinto

A plume of exhaust extends from the Mitchell Power Station, a coal-fired power plant located 20 miles southwest of Pittsburgh, o
A plume of exhaust extends from the Mitchell Power Station, a coal-fired power plant located 20 miles southwest of Pittsburgh, on September 24, 2013 in New Eagle, Pennsylvania. Mining Giant Rio Tinto says 'clean coal' key to tackling climate change

Mining giant Rio Tinto said Tuesday clean coal was key to tackling climate change and that developing the technology was a challenge greater than the first moon landing.

The firm's energy chief Harry Kenyon-Slaney compared the twin challenges of meeting the world's energy needs, including growing demand from Asia, and combating to the difficulties the US had to overcome for the 1969 lunar mission.

"The challenge now faced by the whole world is far more urgent and important," Kenyon-Slaney said.

"But it can be solved by the same methodical, determined process. The world has no choice."

Kenyon-Slaney's remarks came ahead of a World Meteorological Organization report released Tuesday that showed global concentrations of CO2, the main culprit in , soaring to a new high in 2013.

The energy boss, who described emissions-driven climate change as "among the world's biggest and most pressing" problems, said he supported the development of all power-generating technologies including renewables.

But he said the abundance of coal meant it would remain the world's main source of "large-scale, reliable, affordable energy".

Advancing research and development in carbon capture storage, known as CCS, to make it commercially viable should therefore be a key goal for governments and businesses, Kenyon-Slaney said.

"(The technologies) can all help to combat climate change but breakthroughs in low-emissions coal generation will be fundamental. They could break the back of this problem," he said.

While CCS has been hailed as a solution to make fossil fuels cleaner, the technology has at this stage been too risky, costly and energy inefficient in its own right.

The technology involves trapping CO2 emissions from power plants and other large sources, liquefying them and storing them deep underground.

Kenyon-Slaney criticised "climate warriors" on both sides of the global warming debate, saying the world should be focusing on power-generating solutions instead.

Rio's section, composed mostly of coal, narrowed its losses to US$19 million in the six months to June 30, from US$52 million during the previous reporting period.

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© 2014 AFP

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Sep 09, 2014
Get up to date;
*Occupywallstreet now does not even mention CO2 in its list of demands because of the bank-funded and corporate run carbon trading stock markets ruled by politicians.
*Canada killed Y2Kyoto 2 years ago with a freely elected climate change denying prime minister and nobody cared, especially the millions of scientists warning us of unstoppable warming (a comet hit).

Sep 10, 2014
Why the need to resuscitate coal? It is filthy, dirty, and the source of heavy metals, particulates, and other nasties.

We can and will use cleaner sources of power, once we get the Big Money of gas and oil out of the way.

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