The World Coal Association (WCA) has welcomed the publication of Global Status of CCS: 2016 report and has called on world leaders to increase support for CCS projects to meet the Paris Agreement targets.
The report was published by the Global CCS Institute (GCCSI). It provides an overview of current international climate discussions, CCS projects, policy and market developments as well as key issues in CCS technologies.
Benjamin Sporton, WCA CEO, said: “This report is a reminder that it’s not one or the other; all low emission technologies have a role to play in climate action. It’s essential that we recognise that accelerated carbon capture and storage (CCS) development and deployment is critical to meeting the Paris Agreement climate goals. CCS is safe, reliable, cost-effective, and efficient – reducing emissions from coal power production by up to 90%. While there have been important steps in advancing CCS since 2005, the support and attention CCS has received has not yet translated into broad policy support at global and national levels. There needs to be policy parity. This means CCS must receive an equal level of attention and support as low-carbon technologies. More investment in CCS today will ensure that more countries can meet their growing energy demands and simultaneously reduce global emissions.”
Read the article online at: https://www.worldcoal.com/coal/15112016/world-coal-association-calls-for-major-policy-shift/