Permanent reforestation of large areas where trees were removed years ago is where the interest in carbon capture and storage is centered. I agree, trees come and go, forests have long term potential. The potential benefit is modest, but can be done. Here is one paper:
"Carbon Capture and Storage in Forests".
Trees... forests... these are "small potatoes". The big push for carbon capture and storage is for coal-fired electric generating stations. I'm a novice reading about carbon capture/storage, but do have a fair amount of first-hand experience with design, construction, (and to a limited extent) operation of coal-fueled electric generating stations in the USA.
As a fuel for the future, coal is GONE, and it has nothing to do with technology, politics or the environment. The economics for coal vanished about 15 or 20 years ago with low cost natural gas becoming available.
1) The best coal plants are about
34% Correction: 47% + (thermally) efficient. A combined cycle natural gas is at least 50% efficient... over 60% can be done.
2) A modern coal plant would cost (if any were to be built) about $2 to $3 million per megawatt of gross generating capacity. A natural gas plant, about $1 million per megawatt.
3) Natural gas burns cleaner than coal. A modern coal plant has a precipitator for fly-ash removal, scrubber (flu gas desulfurization) to remove sulfur compounds, SCRs (selective catalytic reactors) to remove nitrogen compounds. This equipment consumes a lot of electric power (parasitic losses). Current technology for carbon removal requires even more power. For reference, a coal plant has about 10% total parasitic loss (e.g. a typical existing, modern 600 MW plant uses about 60 MW for it's own operation). Natural gas avoids much of this environmental equipment with reduced parasitic loss.
See
Scientific American, "Will the U.S. Ever Build Another Big Coal Plant?"
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