Ensuring energy security and addressing climate change
cost-effectively are key global challenges. Tackling these
issues will require efforts from stakeholders worldwide.
To find solutions, the public and private sectors must work
together, sharing burdens and resources, while at the
same time multiplying results and outcomes.
Market mechanisms for greenhouse gas emissions reduction
The Asia Pacific Partnership Cleaner
Fossil Energy (CFE) Taskforce meeting
held on 4-5 July 2007 in Beijing agreed
to establish an IGCC working group
with the Terms of Reference to be
developed jointly by Australia, the
United States and Korea. |
Potential for economic greenhouse reduction in coal-fired power generation
The 1997 Kyoto protocol marked a
political decision to take steps to
mitigate climate change. The process of
agreeing the rules and details of the
protocol has been slow and it could take
time before the protocol is actually
ratified and becomes legally binding.
However, the issue is not going away
and action on a domestic level is already
evident in many countries.
Data on the Clean Coal Compendium
indicate that there is probably around
100 GWe capacity of coal-fired plant
still in operation after 40 years and
approaching 500 GWe of plant over
20 years old. These are mainly in North
America and Europe, including the
Russian Federation.
