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Posted Wed Jan 21 2009: from WWF, via Science Daily (US):
Power Emissions Limits To Save Most Carbon At Least Cost, Study Suggests http://apocadocs.com/s.pl?1232563101
The least cost way to reduce power related carbon emissions in Europe would be to supplement the EU's Emissions Trading System (ETS) with the introduction of Emissions Performance Standards for energy, according to a new study.... Such a system, successfully used in some US States where it has helped put renewable energy on a more equal footing with traditional energy sources, could cut the EU power sector's greenhouse gas emissions in 2020 by more than two-thirds – more than 800 million tonnes per year.... "The current EU Emissions Trading Scheme unfortunately does not prevent high polluting coal-fired power stations from being built," said Stephan Singer, Director of WWF's Global Energy Programme. "We need new emissions limits to ensure Europe invests only in renewable energy, energy efficiency, and CO2 capture and storage facilities for coal-fired power stations. Otherwise, Europe will fail to deliver its contribution to keeping global warming below 2 degrees Celsius."
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'Doc Michael says:
Anything that prevents coal-fired plants from being built is a good thing. Post-sequestered carbon is plainly stupid.

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