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

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The MIT Energy Initiative has released a new report on reducing carbon dioxide emissions from existing coal plants. There is no credible pathway toward prudent greenhouse gas stabilization targets without CO 2 emissions reduction from existing coal power plants. We may not see a strong CO 2 price signal for many years.

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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 carbon-pricing system is the most cost-effective way to reduce emissions. Carbon pricing alone, however, is not enough to sufficiently reduce domestic emissions, the report warns. Source: NRC.