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As you may recall from Part 1 of this article, in the cap-and-trade system many companies might get away with carbon emissions that are below the "certified limits". And that's a crucial point since cap-and-trade policy might bog down in implementation nightmares. Who is going to determine the "caps" on an industry by industry, and company by company basis? Wouldn't that require a new immense federal bureaucracy of its own?
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The scientific and the general communities are seeking ways of permanently capturing carbon dioxide produced in power generation, with this being a challenge towards developing Clean Coal Technology. Geo-sequestration, the entombing of carbon dioxide in the earth, is looked upon as one of the most promising solutions. Forcing carbon dioxide into depleting oilfields has the potential to lock away very large amounts of carbon dioxide. The process can also be used as a tool in Enhanced Oil Recovery (EOR). This article looks at the synergies and pitfalls of producing carbon dioxide through coal fired power generation and EOR.
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Energy consumption is one of the most important positions in every family budget. We would love to reduce it as much as possible, but we don't want to change our way of life too much. Is a marriage of these two value - energy efficiency and our habits - possible? Yes, it is. Here are a few things you can do to limit your electricity needs without turning your life upside down.
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Monitoring energy consumption is vitally important for businesses that want to cut their costs and environmental impact by saving energy. This article gives an introduction to energy monitoring, and explains why it is so important for business energy management.
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After making a strong case for Europe to adopt the cap-and-trade strategy back in 1997, the United States took two important steps in the other direction since then.One such development is the recent proliferation of coal-fired power plants built all over the Mid West. Within the next ten years we can expect to see dozens of coal-plants at the 1,500 MW range spewing out about a million tons of sulphur a year into the atmosphere.
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