«I don't see India, China or South Africa coming in with
a sufficiently high carbon price to drive them off coal,» he said.
However, where that is true, CCS would be the option deployed by firms in the face of
a sufficiently high carbon price.
Not exact matches
-- Put a
sufficiently high price on
carbon and deliver the G - 20 commitment to phase out fossil fuel subsidies, using these funds to contribute to the several hundred billion US dollars per year needed to scale up investments in renewable energy.
In the current U.S. political environment, a cap - and - trade system is unlikely to result in a
sufficiently high market price for CO2 (around $ 30 per ton) in the early years of a
carbon control regime to assure that all coal plant developers adopt CCS systems.
A
carbon tax that is not set at a
sufficiently high level likely would have the same consequences.
Other scientists dispute the necessity of life to the
carbon cycle, for even without plankton calcium carbonate at
sufficiently high concentration would precipitate out of ocean water.)
Suppose that the government set the price of
carbon at a
sufficiently high and increasing level that it would guarantee that one or more renewable technology was cost competitive with coal.
Of course that leaves open the issue of whether any democratic regulatory agency is prepared to set the
carbon price
high enough to
sufficiently deter
carbon use.
Establishing a price on
carbon is necessary to support innovation activities, and the price must be
high enough, or expected to increase
sufficiently, in order to support on - going demonstration and innovation activities for CCS projects.
Thus Americans will move from generating much more CO2 than average to closer - to - average, and eventually to zero generation of CO2 (when the
carbon fee becomes
sufficiently high and alternative energy infrastructure is readily available).
The
carbon they refer to is
Carbon dioxide, / CO2 a gaseous product of the burning of practically any combustible product of this planet and a gas which if the planet lacked or was not present at a
sufficiently high atmospheric level and had remained so for countless millenniums past, no sentient life or plant life would exist today.
They key, scientists explain, lies in ensuring that a
sufficiently high enough percentage of organic
carbon produced during the blooms reaches middle - depth waters, at which point it would remain in deeper underwater currents for decades.