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.
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.
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.
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).
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.
S.699 authorizes the Department of Energy to conduct a program to demonstrate commercial application of integrated geologic storage projects, and provides a framework for selection criteria for these demonstrations. Importantly, the bill addresses the long term-stewardship challenges associated with demonstration, including site closure requirements and liability protection.