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Failure to impose CCS levy on energy bills would be 'disastrous', MPs told | Environment | The Guardian

A failure by the UK government to provide the billions of pounds needed to build full-scale demonstration plants that capture and bury carbon emissions from power plants would be "disastrous", MPs were toldtoday.

Developing carbon capture and storage (CCS) plants is seen as critical to meeting the UK's legally binding targets for greenhouse gas emissions over the next 20 years. But, ahead of the government's comprehensive spending review on 20 October, businesses - including Shell and Siemens - and policy experts have voiced fears that the government will not i impose a levy on energy bills to provide the estimated £4bn needed



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Oct 12th, 2010 at 02:28:51 PM EST
[ Parent ]
Carbon Capture, with all the feel-good, cosmetic and public-funding financial benefits to corporations as the Missile Defense Shield.

File under Hypocrisy(ies) (hypo-crisis?) of the small government crowd.

Never underestimate their intelligence, always underestimate their knowledge.

Frank Delaney ~ Ireland

by siegestate (siegestate or beyondwarispeace.com) on Wed Oct 13th, 2010 at 08:07:54 AM EST
[ Parent ]

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