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EU carbon capture needs emissions limit

2013-01-18 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The European Union will have to introduce mandatory standards to limit power plant emissions, given a failure to introduce carbon capture and storage (CCS) technology plus rising coal consumption and the construction of new coal power plants. A market-based approach to limit coal emissions through CCS has failed. The Commission had hoped to motivate the building of CCS pilot plants mostly through its emissions trading scheme. But the carbon price hit a record low on Thursday, and the savings...

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