24 December 2010

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Here's a CBS 60 minutes documentary featuring James Hansen and the CEO of Duke Energy, the USA's third largest coal thermal power plant owner. The CEO says he totally accepts that carbon dioxide contributes to global warming. However, his plan is to phase out coal over 40 years. CBS cut to Hansen who of course says "No new coal fired power plants and a phase out must take place in 20 years or less". CBS goes back to the CEO and ask him how much Duke has invested in carbon capture and sequestration. The answer is not a cent!

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