George Bush is a believer, at any rate. In 2003 he unveiled a subsidised scheme to build a zero emissions IGCC plant called Future Gen by 2013. The European Union, for its part, is giving money to utilities dabbling in oxy fuel, among other schemes. Handouts from the taxpayer are needed, power firms argue, since the technology in question is still young. But it is hard to believe that it will ever grow up unless subsidies give way to stronger measures, such as longterm caps or taxes on carbondioxide emissions. The technology to eliminate such emissions from coalfired plants exists, but it will not be adopted without regulatory incentives from governments.
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