EC plans allocation per kWh and mandatory CCS

The European Commission is to present January 10 plans to reduce emissions by fossil fuels in the energy sector. Two proposals are very important: 1. The Commission wants to allocate allowances to power plants on the basis of kilowatthours generated: a maximum CO2 emission per kWh. 2. The Commission will propose that new coal fired power plants should make us of carbon capture and storage. These propoposals will be part of the Evaluation of the EU ETS that is currenty in preparation, due to be published beginning 2007 and Emissions Trading Directive Proposals the Commission will do later in 2007.