What Trichet did not tell MEPs is that this move will represent a paradigm shift in ECB monetary policy. For it will be tightening policy when growth is still fragile and while there is still little ...
As is the case with any new technology, the cost of capturing carbon dioxide is exorbitant at present ($45-50 per tonne), though it has fallen considerably since 2004 when it was $250 per tonne.
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