Download e-book for kindle: Carbon Capture and Storage Including Coal-Fired Power Plants by Todd P. Carington

By Todd P. Carington

ISBN-10: 1607411962

ISBN-13: 9781607411963

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A mechanism that allowed for a longterm price signal for carbon would likely benefit CO2 capture technology R&D programs. Capturing CO2 from Coal-Fired Power Plants… 27 IMPLICATIONS FOR CLIMATE CHANGE LEGISLATION Any comprehensive approach to reducing greenhouse gases substantially must address the world’s dependency on coal for a quarter of its energy demand, including almost half of its electricity demand. To maintain coal as a key component in the world’s energy mix in a carbon-constrained future would require developing a technology to capture and store its CO2 emissions.

61] Karsten Neuhoff, Auctions for CO2 Allowances — A Straw Man Proposal, University of Cambridge Electricity Policy Research Group (May 2007), pp. 3-6. A short-squeeze is a situation where the price of a stock or commodity rises and investors who sold short (believing the price was going to fall) rush to buy it to cover their short position and cut their losses. [62] Personal communication, Timothy E. Fout, General Engineer, DOE National Energy Technology Laboratory, Morgantown, WV (July 16, 2008).

Apollo program data: Richard Orloff, Apollo By The Numbers: A Statistical Reference, NASA SP-2000-4029, 2004 web update. DOE data: CRS Report RS22858, Renewable Energy R&D Funding History: A Comparison with Funding for Nuclear Energy, Fossil Energy, and Energy Efficiency R&D, by Fred Sissine. Capturing CO2 from Coal-Fired Power Plants… 25 Table 3. Comparison of Various Demand-Pull Mechanisms Source: Congressional Research Service. Comparisons to CO2 Capture R&D at DOE Current DOE spending on CCS technology development (discussed above) is far below levels of funding for the Manhattan project and Apollo program and for the energy technology R&D programs at their peak spending in the late 1970s and early 1980s.

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Carbon Capture and Storage Including Coal-Fired Power Plants by Todd P. Carington

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