Addressing emissions from coal use in power generation
Addressing emissions from coal use in power generation
This brief describes the potential role of government in facilitating widespread and more rapid deployment of Carbon Capture and Storage through a number of means including: providing financial incentives for initial CCS projects through the use of bonus allowances under a cap-and-trade program, or a fund generated by charges on electricity or fossil-fuel based sources of electricity; setting GHG emission performance standards for coal generators or electricity providers; and establishing the required regulatory and liability frameworks for CO2 storage.