Thursday, July 19, 2012

Coal Consumption Increases in the EU: Is the Carbon Trading Scheme a Failure?

Coal Consumption Increases in the EU: Is the Carbon Trading Scheme a Failure?

The EIA has reported that natural gas in the US now accounts for an equal portion of power production as coal, both contributing 32% of total generation. This led the US to reduce their carbon emissions by 92 million tonnes in 2011, a 1.7% decrease from the year before.Unfortunately, despite having the most ambitious carbon reduction regulations in the world, Europe is now heading in the opposite direction as they saw coal consumption increase by 3.3% compared to 2010.Germany’s coal consumption increased by 1.2% compared to 2010, despite…Read more...

No comments:

Post a Comment