There are already 18 megatonnes of carbon dioxide being captured and sequestered at a single site in Texas right now. There are over 3,000 miles of mainline carbon dioxide pipeline systems already in existence in the U.S. This is not a technology that is 15 years down the road; it's a technology that exists and is already being deployed on a large scale. If this is what the industry wants to use to cut its emissions, that is only going to happen if the industry faces a price on emissions that is upwards of $30 a tonne. That is what the target of the regulatory system will have to be.
On February 20th, 2007. See this statement in context.