Federal efforts to reduce greenhouse gas emissions must involve increased investment in research and development of carbon capture and storage technologies, according to a new paper published by the University of
But proposed regulations from the
The paper notes that reports from the
A more effective approach to reducing greenhouse gas emissions would be to ramp up federal spending on carbon capture research and development, Carter argues. The paper suggests several ways to generate revenue for such research.
There also should be an aggressive effort to use existing, cost-effective technologies to reduce the release of two non-CO2 pollutants projected to significantly heat the atmosphere -- black carbon and methane -- the paper suggests.
History indicates that it will take at least five to 10 more years for the
"The five to 10 years of legal uncertainty will surely inhibit investment in the development of technological solutions," he writes. "Neither the American economy, those people genuinely concerned about climate change or the energy industry can risk waiting five to 10 years before developing needed technologies. In particular, America cannot wait if reasonable commercial (carbon capture and storage) technology is to be available for deployment in the next decade."
TNS 30TagarumaMar-140822-4835526 30TagarumaMar
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