Subscribe free to our newsletters via your
. 24/7 Space News .

IEA issues call for CCS development
by Staff Writers
Paris (UPI) Jan 4, 2013

disclaimer: image is for illustration purposes only

The International Energy Agency called for more support of carbon capture technology this week in the wake of an EU move to cut funding for CCS development.

The IEA on Tuesday renewed its call for more investments in carbon capture and storage projects as essential to reducing greenhouse gases in a world that is still "hooked on fossil fuels."

But delays in funding for CCS research and demonstration projects are resulting in missed chances to tap more than two-thirds of the world's current proven fossil-fuel reserves and still meet European climate change goals, the agency said in a statement.

Those coal and other fossil resources could be used if carbon dioxide emissions were captured at the smokestack using CCS technology and then "sequestered" underground.

Environmental groups, however, say the technology only delays an inevitable switch to renewable energy while others question whether the high-priced systems are worth the investment.

"The high cost and simultaneous lack of incentive policies are delaying deployment of CCS, leading the International Energy Agency to renew its calls for action in 2013 and beyond on this critical element to limiting climate change," the agency said.

The call came two weeks after the European Union announced no CCS projects would be funded in the first round of 2013 grants from its emissions trading scheme, with the money instead being funneled into renewable energy programs.

The IEA statement quoted Juho Lipponen, head of its Carbon Capture and Storage Technology Unit, touting the need for the technology in November at the 11th International Conference on Greenhouse Gas Control Technologies in Kyoto, Japan.

"For the IEA, carbon capture and storage is not a substitute but a necessary addition to other low-carbon energy technologies and energy efficiency improvements," he said. "Fossil-fuel CCS is particularly important in a world that currently shows absolutely no sign of scaling down its fossil fuel consumption."

Backers claim CCS could help European nations reach CO2 reduction goals, put the European Union on target for its 2050 de-carbonization "roadmap" and help reach the international goal of keeping global temperatures from increasing more than 2 degrees Celsius.

But the technology is expensive and, unlike other CO2-cutting technologies such as wind and solar power, has yet to be commercially deployed.

The European Commission on Dec. 18 announced that $1.6 billion in profits from the EU emissions trading scheme that had been earmarked for CCS pilot and demonstration projects would instead be distributed among 23 renewable energy efforts.

European Commissioner for Climate Action Connie Hedegaard said the move didn't represent a policy shift, but instead reflected the fact that no member states came forward with co-financing for the projects, the Brussels weekly European Voice reported.

"We are basically giving out money; there have to be certain rules that people will have to live up to," she said. "The good news is that there will be a second chance [for CCS] in the second call of the (emissions trading scheme) fund," which will launch in early 2013.


Related Links
Carbon Worlds - where graphite, diamond, amorphous, fullerenes meet

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

New Methodology for Use in Grassland and Farmland Soil Carbon Offset Projects
Emeryville, CA (SPX) Jan 04, 2013
SCS Global Services (SCS) has evaluated a new modular methodology for measuring the carbon sequestration ability of soil under the Verified Carbon Standard (VCS), a leading greenhouse gas (GHG) accounting system. The methodology, developed by The Earth Partners, will allow land managers who sequester GHGs in grasslands, rangelands and farmlands to generate carbon credits for sale in the vo ... read more

Russia designs manned lunar spacecraft

GRAIL Lunar Impact Site Named for Astronaut Sally Ride

NASA probes crash into the moon

No plans of sending an Indian on moon

Stanford researchers develop acrobatic space rovers to explore moons and asteroids

Researchers Identify Water Rich Meteorite Linked To Mars Crust

Mars meteorite has significant water

'Spiky' rovers could explore martian moon

Congress Approves Bill Supporting Human Space Exploration

China's Chengdu aiming to be world's next Silicon Valley

Satellite highs, suspension lows for Indian space sector in 2012

NASA's Destination Station Exhibit Opens In Mesa, Arizona

Mr Xi in Space

China plans manned space launch in 2013: state media

China to launch manned spacecraft

Tiangong 1 Parked And Waiting As Shenzhou 10 Mission Prep Continues

Station Crew Ringing in New Year

Expedition 34 Ready to Ring in New Year

New ISS crew docked at Space Station

Expedition 34 Spends Christmas in Space

CSF Applauds Passage Of Risk-Sharing Regime Extension For Launch Industry

Rokot Launch Set for January 15

Russian rocket launch rescheduled

Investigation into Proton Launch Anomaly Continues as Root Cause is being Evaluated

Billions and Billions of Planets

ALMA Shows How Young Star and Planets Grow Simultaneously

ALMA Sheds Light on Planet-Forming Gas Streams

A stray planet

COM DEV wins commercial contract from MacDonald Dettwiler and Associates

Thai 'scavengers club' turns trash to treasure

Malaysia convoy in Australia rare earth plant protest

All Systems Go for Highest Altitude Supercomputer

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement