WRI provides strategic advice on the development of best practices, regulations, and standards for CCS and participates in the development of national and international strategies for CCS deployment, consistent with environmental and social integrity.
On June 25, the U.S. Energy Information Administration (EIA) released the 2012 Annual Energy Outlook (2012 AEO) – the same day the public comment period closed on the Environmental Protection Agency’s (EPA) proposed New Source Performance Standards (NSPS) for new power plants. The NSPS proposal marks EPA’s first step toward controlling carbon pollution from stationary sources, and the agency received a record-breaking more than two million comments supporting the rule. EPA will take the comments it receives into consideration before finalizing the rule later this year. (Get more information on the proposed rule, including WRI’s official comment).
This story was co-authored with Viviane Romeiro, an intern with WRI's CCS team.
WRI has recently launched a new online tool that compares Carbon Capture and Storage (CCS) regulations, standards, and best practice guidelines.
Industry has been exploring CCS as an option to reduce greenhouse gas emissions from power plants for several years, but so far it remains at a demonstration level. To reach the next stage of deployment, it must be tried at scale on different types of power or other industrial plants, and in different geographic regions using suitable geologic reservoirs. Currently, there are 74 projects in process, of which only eight are operational, according to the Global CCS Institute. With a lack of strong carbon policies, along with a range of other issues outlined below, CCS has lost momentum in recent years and demonstration projects are proving hard to see through.
Minister Xie said that China’s energy and environment policies support “energy efficiency and carbon reduction” (jieneng jiantan). This is a modification of the phrase used to support the national policy of “energy efficiency and pollution reduction” (jieneng jianpai), which addresses the broad range of pollutants. Based on a number of signals, including these phrases and the day’s speeches, it seems that China’s interest in CCS is increasing. These developments occurred at the conference sponsored by Xie’s own National Development and Reform Commission (NDRC) and the Asian Development Bank (ADB).
On April 7th, a group of 24 Energy Ministers met in Abu Dhabi for the 2nd Clean Energy Ministerial (CEM). The group represented the governments of countries collectively responsible for over 80% of global energy consumption, and together they agreed to increase efforts to deploy carbon dioxide capture and storage (CCS) on a commercial scale worldwide.