Commitment accounting of CO 2 emissions

@inproceedings{Davis2014CommitmentAO,
  title={Commitment accounting of CO 2 emissions},
  author={Steven J Davis and Robert H. Socolow},
  year={2014}
}
The world not only continues to build new coal-fired power plants, but built more new coal plants in the past decade than in any previous decade. Worldwide, an average of 89 gigawatts per year (GW yr) of new coal generating capacity was added between 2010 and 2012, 23 GW yr more than in the 2000–2009 time period and 56 GW yr more than in the 1990–1999 time period. Natural gas plants show a similar pattern. Assuming these plants operate for 40 years, the fossil-fuel burning plants built in 2012… CONTINUE READING

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