Thursday, April 18, 2013
No Progress Made In Reducing CO2
The IEA estimates that a cut in carbon emissions per unit of energy of more than 60% is needed to prevent global average temperatures rising by more than 3.6 degrees Fahrenheit in the long term, and maintaining current levels would yield a temperature rise of 10.8 degrees Fahrenheit.
Coal has been preferred in fast-growing Asian economies for decades because it is relatively
Even in Europe, which has some of the world's most ambitious emissions-reduction targets, coal use is rising, the IEA said. In Europe's largest economy, Germany, CO2 emissions edged higher last year as more coal was burned because it was cheaper than natural gas, according to the government's federal environmental agency.
The IEA warned that little is happening to mitigate the environmental impact of coal's continued dominance in power generation. Many new coal-fired power plants continue to use inefficient technologies, offsetting measures to close some older and dirtier plants. Projects to develop the technology that would allow the capture and storage of carbon emitted by power plants have made little progress, it added. (WSJ, 4/17/2013)