What consitutes safe geologic storage? This is a key question for the IRS as it considers how to account for carbon capture and sequestration.
Blog Posts: carbon capture and storage (CCS)
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by and - When it comes to climate change, producing more oil seems counterproductive. But a technology called "direct air capture," by removing carbon dioxide from the atmosphere, can lower emissions from oil until the day we get off fossil fuels.
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by , and - Most climate change solutions focus on mitigation—ways to slash emissions as quickly as possible, such as by adopting renewable energy. But research shows these aren't enough. To prevent the worst impacts of climate change, the world will need to reach net-negative emissions, a point at which we're actually removing more carbon from the air than we're putting in.
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by and - Ten countries made carbon capture and storage (CCS) part of their national climate commitments in the run-up to COP21 in Paris last year. Will the technology take off?
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by and - The landmark Paris Agreement on climate change means it’s even more essential to spur the development of low-carbon technology, including technology to capture and store climate-warming carbon to keep it out of the atmosphere.
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by - China and the United States established eight new pacts this week to reduce their greenhouse gas emissions. Half of these announcements focused on a single climate change mitigation measure—carbon dioxide capture, utilization and storage (CCUS).
China and the United States are world’s leaders when it comes to CCUS research and development, and this week’s agreements build on a long history of CCUS collaboration between the two nations. In fact, China-US partnership on CCUS has in many respects now left the theoretical feasibility realm and entered the “steel-in-the-ground” phase.
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by and - It is common knowledge that China burns a large amount of coal, with the fuel accounting for nearly 70% of China’s primary energy consumption in recent years. What is less commonly known is that China is also working on ways to reduce the impact of its coal use, including aggressively pursuing research and demonstration of carbon capture, utilization and storage (CCUS) technology.
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by and - 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).
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by - WRI has recently launched a new online tool that compares Carbon Capture and Storage (CCS) regulations, standards, and best practice guidelines.
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by - The European Commission has announced the adoption of its Energy Roadmap 2050, which explores the challenges of decarbonising the European Union while ensuring security of energy supply and economic competitiveness.
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