Tag Archive: Carbon Capture and Storage

UK Government U-Turns on Emissions Trading Scheme

Comprehensive Spending Review announced last week.

The UK’s Chancellor of the Exchequer, George Osbourne, led the announcement of the Comprehensive Spending Review last week, introducing what’s expected to be one of the most challenging economic periods in the history of the UK. Whilst spending cuts were inevitable from any Government, Ed Milliband, Leader of the Opposition, claims that the Coalition’s Government’s ‘slash …

Continue reading »

Australia’s coal future is safe

1240850576-165130233_74bdbda04f

As predicted in Climatico’s last national climate policy report, Australia has just taken the lead, along with Britain, in the development of Carbon Capture and Storage. A few days ago, Prime Minister Kevin Rudd inaugurated the Global Carbon Capture and Storage Institute in Canberra, with its 85 members, ranging from the governments of Japan and …

Continue reading »

Knoxville: the begining of the end for clean coal in the USA?

http://i62.photobucket.com/albums/h87/murrayewv/Coal342.jpg

On December 22nd 2008 an earthen retaining wall not too far from Knoxville, Tennessee, gave way and more than one billion US gallons (about 5 million cubic yards) of potentially toxic wet coal ash flooded over 300 acres of the Tennessee Valley covering it in a deep layer of dark sludge. A starker image of the dirtiness …

Continue reading »

International pie-slicing: who gets what from the EU ETS?

Distribution of EUAs during Phase III of the EU ETS

The European Parliament has this week approved the EU ETS Directive, which means that only a rubber stamp from the Council is required for it to become law. By approving the Directive, the European Parliament has created a market that will probably be worth tens of billions of Euros annually from 2013 to 2020. So …

Continue reading »