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People & Business :: Green Issues

Window of Opportunity is Closing for Carbon Capture

11:35 PM MDT | October 23, 2008 | Alex Scott

The window of opportunity for the cost effective introduction of Carbon Capture and Storage (CCS) technology is closing, according to Carbon Dioxide Capture and Storage: A Key Carbon Abatement Option, a report by the International Energy Agency (IEA; Paris). CCS technology “must be proven in the next decade,” says Nobuo Tanaka, executive director/IEA.   The G8 countries announced at their 2008 Hokkaido-Toyako summit that they must commit to a total of 20 large-scale CCS demonstration projects by 2010, with a view to broad commercial deployment in...

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