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EU's Piebalgs wants 12 carbon-capture power plants by 2015

The European Union, seeking to use fossil fuels without contributing to climate change, wants to have 12 power plants capable of capturing and storing carbon-dioxide emissions within eight years.

The 27-nation EU must hasten the commercial development of carbon-capturing technology, which allows emissions to be grabbed and stored underground, by supporting it now, EU Energy Commissioner Andris Piebalgs said yesterday at a London conference. „The EU should by 2015 have at least 12 full-scale carbon- capture and storage plants,” Piebalgs said. „If we don't invest in the right way we will be locked into the wrong technologies for at least the next 40 years.” The European Commission, the EU's executive body, sees energy and climate change as key priorities and is proposing a package of policies designed to reflect them. The plans, which national governments will debate at a March 8-9 summit in Brussels, include the possibility of forcing every coal-fired power plant built in the bloc after 2020 to capture emissions. (Bloomberg)