Ottawa has established a goal of having by 2025, a 90% emission-free power segment.
Prentice stated to the Globe and Mail “The approach that we’ve been working towards involves a cap-and-trade system relating to thermal coal, and the requirement of phasing out those facilities as they reach the end of their useful, fully-amortized life.”
Though Germany has not taken as much action, it has authorized draft laws to assure new coal-fired power plants integrate CCS technology when it becomes accessible. Germany’s stand is not as strong as that of the UK’s that entails CCS on new plants but must enable new investment in coal power to progress with a pledge to reduce emissions.
Coal seems to have a secure future in Germany which must explore new resources of power as nuclear power stations are phased out and the nation wants to decrease dependence on unpredictable gas supplies from Russia.
