One of the major effect these reduction techniques have on the economy is their price tag. Scientist have figured out a way of capturing the carbon dioxide that is emitted by coal power plants and other major sources of CO2 emitter and sending it through pipe to be stored underground. These unique machines can be built alongside new power plants and are called carbon capture and storage or CCS for short. This idea looks easy on paper but it’s a hurdle to accomplish in reality. But that’s not the main effect CCS have on the economy, it is matter of fact the price tag that comes along with building the CCS. Each carbon capture and storage machine has a price tag of about one billion dollars, let alone the one billion four hundred thousand price tag for the coal power plant itself. Over the past 14 years, 24 billion dollars have been spent after CCS. Of that 24 billion, nine billion five hundred thousand dollars have been spent since 2005. Also, funding can be cut for these projects once they have already begun construction. A great example of this is the “FutureGen” plant in Illinois. This project federal funding was cut midway through the construction leaving its future and completion …show more content…
Some of these positive effects are controlling climate change and health issues. A negative effect is public acceptance of the CCS. As CO2 is emitted into the atmosphere by burning natural resources, it builds up over time because in cannot escape the atmosphere. Over time there is so much carbon dioxide build up in the atmosphere that the earth starts to warm up. The earths’ temperature has risen one degree Celsius since the pre-industrial age. This warming of the earth cause the glaciers to melt, which in turn rises sea levels. Reducing the CO2 build up in the atmosphere will in turn reduce the overall temperature of the earth. Another effect the warming of the earth has is that it increases the chances of a disease spreading. One specific disease that will benefit from increase global temperature is malaria. Malaria thrives in hot and humid climate and kills about 650,000 people every year! Again, when the CCS are in use, the earth’s temperature will not rise drastically with in cancel out the spread of disease so easily. Finally, there is the acceptance factor of CCS by the people of the world. These people have to agree for the plant to be built. The factors against which people might be hesitant of giving the green light to build the plant is if the plant were to be built near where they live or on land that they own. Another factor is that there may be increase in