What Is the Current Status of Carbon Capture and Storage

question 3

Multiple Choice

What is the current status of carbon capture and storage (CCS) in the U.S.?

• A)The rejection of Yucca Mountain as a carbon storage site has resulted in coal power plants storing carbon on -site until a permanent storage location can be approved.
• B)The U.S.government is currently requiring all coal power plants to institute carbon capture and storage technologies by the year 2025.
• C)Many coal power plants are currently voluntarily retrofitting their systems to capture carbon emissions.
• D)Technologies are not sufficiently reliable,and it is currently too energetically expensive for coal power plants to capture and store their carbon emissions.
• E)Carbon is now captured and converted to plastics at most coal power plants in the U.S.

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Definitions:

Credit

The granting of a loan and the creation of debt; any form of deferred payment.

Normal Balance

The typical side (debit or credit) on which an account increases, depending on the type of account.

Debit Balance

A balance in a financial account where the total debits exceed the total credits, common in asset and expense accounts.

Account

A record that summarizes all transactions related to a particular item or entity, used in financial accounting to track financial changes.