|Date:||9/30/97 Record No.: 10506|
|Contact:|| Full text available in pdf Acrobat at:|
Copies available on request from Tonia Edwards, ORNL, 423-241-5961
DOE Carbon Reduction study -("5-lab study")
The study outlines a scenario for major reductions in CO2 emissions over the mid to long term that may have overall net costs that are at or below zero. The study recognizes that the transition won't be easy and will require a vigorous national commitment, but indicates that it is feasible and holds many important opportunities for the nation.
Five major national laboratories have been working for over a year to identify and evaluate demand and supply side technologies that are available now or will be in the next decade, and to analyze prospects for their implementation. These technologies taken together with a carbon trading system (at significantly lower prices than earlier analyses have suggested) make a workable combination involving end use and supply-side efficiency improvements, some conversion of coal fired power plants to natural gas, and renewable sources.
Here is an excerpt from the Executive summary:
The study documents in detail how four key sectors of the economy Ð buildings, transportation, industry, and electric utilities Ð could respond to directed programs and policies to expand adoption of energy efficiency and low-carbon technologies, an increase in the relative price of carbon-based fuels by $25
or $50/tonne (e.g., as a result of a cap on domestic carbon emissions and a market for carbon "permits"), and an aggressive program of targeted research and development. Current projections suggest that a carbon emissions reduction of 390 million metric tons per year (MtC/year) is required to stabilize U.S. emissions in 2010 at 1990 levels.
Full text available in pdf Acrobat at
Copies available on request from Tonia Edwards, 423-241-5961