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Government impose ‘carbon capture levy’ to fund
coal-fired power plants
Ben Webster
London
Times
Tuesday, Nov 10th, 2009
Families will pay a new levy on electricity bills
for at least the next 20 years to fund technology designed to
capture the carbon from coal-fired power stations.
The Government is planning to raise £9.5 billion from
the levy to subsidise up to four carbon capture and storage
(CCS) demonstration plants. Details of the first plant will
be announced early next year. The Department for Energy and
Climate Change said yesterday that uncertainty over the commercial
viability of CCS meant that public support might have to continue
beyond 2030.
The Government is promoting CCS to justify approving new coal
plants to replace the eight due to close by 2015 under European
rules on air pollution.
Burning coal produces far more carbon than burning gas for
the same amount of electricity but ministers want to build new
coal plants to reduce Britain’s dependence on imported
gas.
Full
article here
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