U.K. Says No New Coal Plants Without Carbon Capture

(Bloomberg) — The U.K. will only allow new coal- fired power plants to be built if they capture carbon-dioxide emissions for underground sequestration, said Ed Miliband, the minister responsible for energy and climate change.

All new coal plants will need to demonstrate carbon capture and storage on at least 400 megawatts of their output, according to government proposals announced today. The state is planning funding so that as many as four new coal-fueled plants are built by 2020, Miliband told reporters in London.