Firm commitments to carbon capture and storage are needed from governments and industry - IEA Deputy Executive Director
26 September 2011
Carbon capture and storage (CCS) – a group of technologies and techniques that significantly reduce the amount of carbon dioxide emitted into the atmosphere – is a necessary part of a low-carbon future, IEA Deputy Executive Director Richard H. Jones has told the Carbon Sequestration Leadership Forum’s Ministerial meeting on 22 September.
At the Forum's meeting in Beijing, Ambassador Jones stressed that firm commitments to CCS are required from both governments and industry.
Energy demand and carbon dioxide emissions have doubled during the last four decades, and it is likely that the world’s energy demand will continue to grow substantially. The IEA estimates that CCS will play an important role as part of a cost-effective portfolio of solutions to combat climate change caused by energy-related CO2 emissions.
Ambassador Jones stressed that if global warming is to be kept below 2 degrees Celsius increase, current policy efforts from governments around the world are not enough.
He added that while attention often focuses on the benefits of CCS in electricity production, findings from the new IEA Technology Roadmap: Carbon Capture and Storage in Industrial Applications show that CCS also has the potential to reduce CO2 emissions from industrial applications by 4 gigatonnes in 2050. Such an amount is equal to roughly one-tenth of the total emission cuts needed from the energy sector by the middle of the century.