Global Warming and the Future of Coal: The Path to Carbon Capture and Storage
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Ken Berlin and Robert M. Sussman, Center for American Progress. May 2007.
Sussman and Berlin make a very good case for complementary technology in general, and their report specifically relates to the need for performance standards to implement CCS technololgy. The authors maintain that neither cap and trade nor coal taxes will suffice because the price of carbon emissions or coal will not go high enough to spur the new technology. A performance standard will need to be accompanied by incentives, say the authors, to keep energy prices affordable.