MIT Report: How Existing Coal Plants Can Best Cut Carbon Emissions

A new MIT Energy Initiative report outlines clear steps the nation must take to develop cost-effective options for cutting carbon emissions at existing coal-fired power plants. According to the report, there is “no credible pathway” toward stringent cuts in greenhouse gas emissions worldwide without addressing coal-fired plants, according to the report released Friday at a press conference here. The recommend that any proposal must pass the “China test,” meaning its cost must be low enough “that China and other emerging economies can afford to implement it. The report reinforces the need to quickly start a cap-and-trade program; concludes retrofit technology is feasible but not enough is being done to implement it on a large scale; and provides action steps for policy makers.