Taking it a step further, this fleet will be well - placed to be
retrofitted with carbon capture and storage (CCS) as this critical climate technology is scaled up.
The research shows that, to meet the 2C target, no new carbon - emitting power stations can be built anywhere in the world unless they are later closed down or
retrofitted with carbon capture and storage technology.
If the plants are
retrofitted with carbon capture technology or retired early, emissions would fall, Davis said, although he thinks this is unlikely.
Mr Miliband said permission would be granted on the condition they can be
retrofitted with carbon capture and storage (CCS) technology within five years of 2020 - subject to the technology available.
The only other American project to receive funding is another Tenaska effort, a plan still in its early stages to
retrofit with carbon capture technology a coal - fired power plant in Louisiana.
Not exact matches
Yohe estimates the cost of achieving a more modest goal of holding warming to roughly 2 degrees C at a cost of 0.5 to 1.5 percent of gross domestic product for the U.S. by 2050, thanks to the expense incurred by, for example, replacing existing coal - fired power plants
with renewables or
retrofitting them
with carbon -
capture technology.
RD&D on
carbon capture and storage (CCS) technology is needed, especially given our conclusion that the current atmospheric CO2 level is already in the dangerous zone, but continuing issues
with CCS technology [7], [244] make it inappropriate to construct fossil fuel power plants
with a promise of future
retrofit for
carbon capture.
(1) deployment of technologies to
capture and sequester
carbon dioxide emissions from electric generating units or large industrial sources (except that assistance under this subtitle for such deployment shall be limited to the cost of
retrofitting existing facilities
with such technologies or the incremental cost of purchasing and installing such technologies at new facilities);
RD&D on
carbon capture and storage (CCS) technology is needed, especially given our conclusion that the current atmospheric CO2 level is already in the dangerous zone, but continuing issues
with CCS technology [7], [244] make it inappropriate to construct fossil fuel power plants
with a promise of future
retrofit for
carbon capture.
Thus, the problem
with the proposals currently being discussed in Congress: They will, for the foreseeable future, direct private investment toward the least expensive emissions reductions (such as burning methane from landfills, purchasing forest land for
carbon sequestration, or
retrofitting power plants and buildings so they operate more efficiently) rather than toward breakthrough technologies (like low - cost solar energy and
carbon capture and storage), which are too expensive to become widely adopted today but which are vital for creating a new energy economy and thus drastically reducing emissions.
Whether it promotes a switch from coal to renewables + energy efficiency, or promotes the
retrofitting of coal plants
with carbon capture and storage, is left up to the market.
By
retrofitting carbon capture to existing polluting facilities like coal power stations, they have the option of continuing operation
with lower emissions, potentially overcoming political and economic obstacles to system transformation.