Mel Gibson Gives Nod to CO2 Shipping Scheme

During a panel discussion, actor/director Mel Gibson gave a quiet endorsement to the idea of shipping carbon dioxide waste around the world to where it can be used, rather than letting it fill the atmosphere and trap more heat, according to Lloyd's List.

His comment about the importance of that type of innovative idea, given the challenges posed by global warming, came at a Forbes Global CEO conference in Singapore. Gibson is a shareholder of Malaysian company Green Rubber Global, which specializes in recycling waste tires.

The carbon shipping idea comes from BW Shipping, which is studying ways to design ships that can transport pollution from its source -- coal-fired power plants, for instance -- and transport it effectively to a destination, such as an oil or gas field. Now, a select few coal-fired power plants built near fossil fuel fields are pumping waste carbon dioxide into the ground in order to boost energy yields.

This scheme would allow more oil and gas fields to benefit, and -- importantly -- more power plants to capture their emissions.

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