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Financing CCS: Updates on US and EU Developments
 
Location and date(s) of workshop:
Webinar, 20 March 2009; 15-16:30 Paris time
   
Organiser(s): IEA CCS Regulators’ Network
   
Contact(s):
tom.kerr@iea.org
   

Background:

As the IEA’s recent publication "CO2 Capture and Storage: A Key Carbon Abatement Option" describes, there are a variety of approaches that can be used to finance CCS, both for early demonstration and for longer-term integration of CCS into greenhouse gas regulatory mechanisms. Even as the financial crisis continues, two important regions - the United States and the European Union - have begun to take critical steps to arrange for funding for CCS projects. This webinar will explore the various activities that are planned to finance CCS in these regions, including:

- Integration of CCS into emissions trading schemes via monitoring & verification methods;
- Options for setting aside or allocating allowances (or revenues) for CCS in GHG trading schemes;
- Tax credits and other fiscal mechanisms; and
- Funding large-scale demonstration programmes.

 
Links to relevant documents:
Facilitator: Tom Kerr, IEA

Speakers and Presentations:

Current status of US CCS financing initiatives
Kipp Coddington, Alston & Bird, Washington, DC:

Status of CCS Directive and EU ETS Interaction
Scott Brockett, European Commission, Environment Directorate

EU monitoring & verification guidelines
Sina Wartmann, Ecofys

Questions and Answers

 
Proceedings: To view the recording please click here.
Should you experience difficulties, please contact Annette Hardcastle