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News & Events>CCC in the News>Barack Obama's America poised to take lead over carbon
20 April 2009, The Times
Barack Obama's America poised to take lead over carbon
America will overtake Europe in developing technology to reduce carbon, reckons Lewis Gillies, chief executive of Hydrogen Energy. The Obama Administration will "photocopy" Calfornia's cutting-edge environmental legislation and make it the standard across the country - and "that will push Europe to move its ETS (Emissions Trading Scheme) forward", Mr Gillies said.
...The (UK) Government is taking the wrong approach to CCS, argues Ian Temperton, managing director of Climate Change Capital. "The Government is trying to buy a power station; there is a procurement process. Our view is they should instead establish an incentive process to help to repay the capital cost and operating cost over time."
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