“Break the carbon cycle”, world authority tells ministerial climate leaders
Wednesday 6 December, 2017: The world authority on carbon capture and storage (CCS), the Global CCS Institute, has told a gathering of 26 member governments that CCS is the only way to break an unnatural carbon cycle which is producing more anthropogenic CO2 emissions than the world can adequately ameliorate.
Meeting in Abu Dhabi for the 7th Ministerial meeting of the Carbon Sequestration Leadership Forum (CSLF), Global CCS Institute CEO, Brad Page, said that as much as carbon was a fundamental necessity of life, rising CO2 levels were not, and a wider ordnance of climate technologies was desperately needed to be deployed.
“We talk constantly about reducing CO2 emissions to 2 degrees to meet Paris climate change targets but we now look like overshooting that target entirely.
“Analysis released by the Global Carbon Project (GCP) only three weeks ago shows that CO2 emissions in 2017 will reflect a rise of about 2% for the first time in three years. This is damning news and represents a new record of almost 37 billion tonnes of CO2 emitted.
“It indicates that proven, versatile and commercially viable technologies like CCS need to be deployed at rapid rate if emissions are to be contained.”
Mr Page says climate change will only be curtailed by deploying a raft of clean mitigation technologies and CCS had been proven by pre-eminent climate experts, including the IPCC and IEA, as imperative to curbing CO2 emissions.
“Frankly, targets will not be reached without it. CCS is the only technology able to decarbonise high emitting industrial sectors – steel, petrochemicals, fertilizers, cement, pulp and paper, as well as coal and gas-fired power generation. The world’s legal, regulatory, financial and political institutions need to recognise that fact and embrace and incentivise CCS accordingly.”
Mr Page said CCS was one of the few technologies able to preserve jobs, create new employment opportunities, and keep local communities alive.
“It has also proved itself as a technology which can create new hydrogen and bioenergy economies as well as adapting itself to CO2 reuse applications including the manufacture of soda ash, mattress foams, and building blocks.
“Given carbon’s place as a `building block’ of nature, it would seem natural to look at its versatility in addressing climate change problems which are now, frankly, out of control.”
There are currently 17 large-scale CCS facilities in operation with a further four poised to commence within the next 12 months.
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About the Carbon Sequestration Leadership Forum (CSLF): The CSLF is a Ministerial-level international climate change initiative whose mission is to facilitate the development and deployment of CCS technologies via collaborative efforts that address key technical, economic, and environmental obstacles.
It is comprised of 25 countries, plus the European Commission, and represents over 3.5 billion people (60% of the world’s population). It comprises 80% of the world’s total anthropogenic carbon dioxide (CO2) emissions.
About the Global CCS Institute: The Global CCS Institute is an international membership organisation. Our mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and provide energy security.
Working with and on behalf of our Members, we drive the adoption of CCS as quickly and cost effectively as possible by sharing expertise, building capacity and providing advice and support so that this this vital technology can play its part in reducing greenhouse gas emissions.
Our diverse international membership consists of governments, global corporations, small companies, research bodies and nongovernment organisations, committed to CCS as an integral part of a low-carbon future. We are headquartered in Melbourne, Australia with regional offices in Washington DC, Brussels, Beijing and Tokyo. For more information, visit www.globalccsinstitute.com