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Launch of the European COCATE CO2 Transport Project for Medium-Size Emitters

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The European research project COCATE, just being signed and starting in January 2010, tackles the problems of rolling out a shared transportation infrastructure capable of connecting geological storage sites with various medium size CO 2 -emitting industrial facilities located within a close geographical proximity. million (US$6.6

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Study recommends $10B/year US federal investment in energy RD&D and a substantial price on carbon emissions; leveraging the national labs and encouraging the private sector for a clean energy future

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These are further reflected in decreasing marginal returns for CO 2 emissions under no policy, CO 2 allowance price reductions under a CO2 cap-and-trade program, and clean energy standard (CES) credit prices under a power sector CES, illustrated by the energy system modeling results.

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