
Cogeneration is a favorite environmental initiative of fossil fuel companies. ExxonMobil owns parts of 85 cogeneration plants in 30 locations; the company estimates that the technology helps it avoid 9 million tons of CO2 a year. In fossil-fueled China, cogeneration is seen as a cutting-edge technology, and enables the country to prevent nearly 100 million tons of CO2 annually.
It�s not the ideal solution, but thermal power will remain the backbone of our electricity grid for the foreseeable future. If we�re going to burn coal and oil, we might as well make sure all that carbon doesn�t go to waste.
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