Without commercial carbon capture, it’s ‘game over’, E.ON boss tells government - Carbon Offsets Daily

Golby told the Adam Smith Institute’s future of utilities conference in London today that a mechanism would be needed for investors to recoup the costs of developing and operating carbon capture on a commercial scale. “Without it no one will be able to build it,” he said.

He said if the government did provide a “level playing field” then E.ON would expect, and accept, that it would have to fit the technology to Kingsnorth. “If they fund it, we will fit it.”

China minister rejects U.S. "pollution" duty idea

"I oppose using climate change as an excuse to practice protectionism on trade," Xie, a former Chinese environment minister, told the Carnegie Endowment for International Peace, a Washington think tank.

Senators may block Obama on emissions | detnews.com | The Detroit News

WASHINGTON -- Michigan's senators, reliable allies of President Barack Obama, are emerging as potential obstacles to one of his top budget priorities.

Both have raised major questions about a cap-and-trade system to limit carbon emissions. Last week, Sen. Carl Levin, D-Detroit, joined a handful of more moderate Senate Democrats in opposing a procedural move that could make it easier for such a system to become law.

And Sen. Debbie Stabenow of Lansing criticized the administration for tying new money for energy research -- some of which could help the auto industry -- to passage of a cap-and-trade plan.