19 April 2015 | Online since 2003



10 May 2012|News,Renewables

Carbon capture and storage stalled in 2011


Global funding for carbon capture and storage technology, a tool for the reduction of greenhouse gas emissions, remained unchanged at US$23.5 billion in 2011 in comparison to the previous year, according to a new report from the Worldwatch Institute.

Although there are currently 75 large-scale, fully integrated carbon capture and storage projects in 17 countries at various stages of development, only eight are operational - a figure that has not changed since 2009.

Carbon capture and storage, more commonly known as CCS, refers to the technology that attempts to capture carbon dioxide from a human-created source -often industry and power generation systems - and then store it in permanent geologic reservoirs so that it never enters the atmosphere.

The United States is the leading funder of large-scale CCS projects, followed by the European Union and Canada. The new Worldwatch report, part of the Institute’s Vital Signs Online series analyzing key global trends, discusses a variety of new CCS projects and facilities throughout the world. Among these is the Century Plant in the United States, which began operating in 2010.

"Although CCS technology has the potential to significantly reduce carbon dioxide emissions - particularly when used in greenhouse gas-intensive coal plants - developing the CCS sector to the point that it can make a serious contribution to emissions reduction will require large-scale investment," said report author and Worldwatch Sustainable Energy Fellow, Matthew Lucky.

"Capacity will have to be increased several times over before CCS can begin to make a dent in global emissions." Currently, the storage capacity of all active and planned large-scale CCS projects is equivalent to only about 0.5 percent of the emissions from energy production in 2010.

The prospects for future development and application of CCS technology will be influenced by a variety of factors, according to the report. This March, the U.S. Environmental Protection Agency proposed regulations on carbon dioxide emissions from power plants.

As a result, U.S. power producers would soon be unable to build traditional coal plants without carbon-control capabilities (including CCS). The technology will likely become increasingly important as power producers adjust to the new regulations.

Globally, an international regulatory framework for CCS is developing slowly, and the technology has been factored into international climate negotiations.

Its classification as a Clean Development Mechanism - a measure created through the United Nations Framework Convention on Climate Change that allows industrialized countries to gain credit for emissions reductions they achieve through funding development projects in developing countries - has raised objections, however, from those who argue that it risks prolonging the use of carbon-intensive industries.

"CCS technology is worth exploring as one of a large array of potential strategies for slowing the buildup of carbon dioxide in the atmosphere," said Worldwatch President Robert Engelman.

"But as this report demonstrates, right now there’s little progress in realizing this potential. A technology capable of permanently sequestering large amounts of carbon will be expensive, and so far the world’s markets and governments haven’t assigned much value to carbon or to the prevention of human-caused climate change. Ultimately, that will be needed for real progress in CCS development and implementation."

Download



Comments


No comments posted yet. Be the first to post a comment

To post comment without approval login or register

Display name

Please enter your name

Email (optional)
Comment

Please enter your comment

Post Comment

Your comment submitted successfully.Please wait for admin approval.

Some error on your process.Please try one more time.



Jobs


17 April 2015
Technical Instructor, Agriculture & Machinery
Technical Instructor, Agriculture & Machinery. Agriculture, machinery, landbased, farming, engineering, groundskeeping, t...

17 April 2015
Recruitment Advisor, Surrey
This is working for the UK's number one dairy business and a company who believe in encouraging success - both business and p...

28 March 2015
Transport Coordinator
Knowledge of the area and agriculture would be an advantage as would a valid CPC. This is an exciting opportunity to join our...

30 March 2015
Trainee Farm Support Manager
Other duties include documenting farm data and records, to deliver farm stores as directed and provide cover for farm manager...

10 April 2015
Summer Worker Required - Hampshire
Summer help required on progressive Hampshire arable farm for combining and drilling duties. Summer Worker Required, Hampshir...




Related Companies


Top stories you may have missed
10 April 2015 | Agri Safety

Final phase of Scotland's war on BVD

The permanent eradication of Bovine Viral Diarrhoea [BVD] in Scottish cattl...


10 April 2015 | Dairy

Dairy farmers competitiveness will be te...

The abolition of milk quotas in Europe on 1st April has resulted in a numbe...


10 April 2015 | Cattle

EU milk sector growth 'dependent on expo...

The top 14 milk producing countries in Europe will increase their productio...


10 April 2015 | News

Could the rural vote hold the key to the...

Matt Ware is the NFU's head of government and parliamentary affairs, based ...


10 April 2015 | Arable

Action needed to boost farmgate prices i...

There is a 'desperate need' to improve farmgate returns given low incomes a...


9 April 2015 | Arable

OSR damage risks early Sclerotinia infec...

Rapid stem extension, after a slow start to spring, is likely to create spl...


9 April 2015 | Finance

Time for a farm rent revolution?

The time has come for landlords to expect to see reductions in farm rents, ...


8 April 2015 | Cattle

Cogent strengthens reputation for high c...

Cogent’s reputation as a source of the highest calibre sires has been enhan...


8 April 2015 | Arable

Exotic plant fungus a 'serious threat to...

The spread of exotic and aggressive strains of a plant fungus is presenting...


7 April 2015 | Animal Health

Share information to tackle food fraud, ...

The FSA’s new Food Crime Unit wants the industry to share information, some...