Reports Link Execution of CCS to Avoiding Climate Change

Bellona details the recommendations of a report by the Clean Air Task Force, urging the Obama administration to move on ensuring "timely realization of the full potential of CCS." The report concluded that "during a 10-year period between 2040 and 2050, the power sector would need to double the emissions reduction rates achieved in previous decades in order to meet mid-century climate stabilization targets," which "will be impossible without necessary CCS infrastructure in place and lower technology costs." The report also "stresses that the fate of global climate may depend on finding ways to burn coal without emitting CO2. It "recommends a $20 billion funding plan to finance about 30 ‘pioneer' CCS projects by 2018 to overcome technical uncertainties."

The Hindu Business Line reports the release of a similar report by the International Energy Agency, which stated "that without new policies fossil fuels will continue to provide most of the world's energy needs, with energy-related CO2 emissions almost doubling to 57 Gigatonnes (Gt) by 2050." An IEA official said "Increasing energy efficiency and carbon capture and storage (CCS) would be two key options available to stakeholders including governments."

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