Saturday, November 15, 2008

CO2 in America

Remember the Simpsons Movie - where the EPA put Springfield under a big dome?

Well, they're taking over the world again, but in a much, much better way.

The EPA (or a body internal to it) has decided that it should think about regulating CO2 emissions - possibly only from coal, but possibly across the entire nation.

This is a fantastic thing (almost). The great thing is that it could bring the US in line with the EU, where CO2 emissions are capped and cannot (regardless of what is done) legally exceed the cap.
The bad news is that it will delay the certification process for new coal fired power stations over there for a year or two.

Perversely this bad news could be good news for the UK - if no one in the US can build a new coal power station the prices for a power station in the UK could fall, not only making Kingsnorth more likely, but lowering the cost of our electricity bills.

Life seems to me to always be one step forwards and two steps back, but today, much like the day Obama was elected, life seems to have forgotten about stepping back - at least for the UK.

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