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MIT Energy Initiative Publishes Report on Reducing CO2 Emissions from Existing Coal Plants

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There is no credible pathway toward prudent greenhouse gas stabilization targets without CO 2 emissions reduction from existing coal power plants. In the interim, we need a large, focused, federal program to develop and demonstrate commercial-scale technologies. We may not see a strong CO 2 price signal for many years.

Coal 150
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National Research Council Report Recommends Setting a US Carbon Budget Through 2050; Concludes Known Technologies Not Sufficient to Meet Budget Goals

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Illustration of the representative US cumulative GHG emissions budget targets:170 and 200 Gt CO2-eq (for Kyoto gases). A system that places a price on greenhouse gas emissions creates incentives for emission reduction efforts and markets for low-emission technologies. Source: NRC. Click to enlarge. Complement the carbon pricing system.