ScienceDirect - On the impact of CO2 emission-trading on power generation emissions

The absolute emissions from power generation rise under most scenarios. This corresponds to the dominant character of current capacity expansion planned in the Netherlands (50%) and in Germany (68%), where companies have announced many new coal based power plants. Coal is the most CO2 intensive option available and it seems surprising that even after the introduction of CET these capacity expansion plans indicate a preference for coal. Apparently in power generation the economic effect of CO2 emission-trading is not sufficient to outweigh the economic incentives to choose for coal.

Let's base our energy policy on two arbitrary numbers that have "25s": National Renewable Electricity Standard Introduced in the House

Aiming to create jobs, spur private investment while at the same time mitigating climate change, Representatives Edward Markey (D-Mass.) and Todd Platts (R-Pa.) yesterday proposed establishing a national renewable electricity, or power, standard that would require utilities to source 25% of the electricity they generate from renewable sources by 2025.