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World CO2 authority: more action is needed to stay below 2°C

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World Coal,

The world authority on carbon capture and storage (CCS) has told a UNFCCC pre-COP23 meeting in Bonn, Germany, that whilst climate change talks are worthy and necessary, more climate “action” is needed if Paris `below 2 degree’ targets are going to be met.

As 197 sovereign governments meet in Bonn ahead of this year’s November COP23, the Global CCS Institute addressed the pressing need to accelerate the global deployment of CCS in the power sector and other industries. The Institute-led panel discussion gathered leading authorities in the CCS community as well as private sector and government representatives.

Speaking at the formal UNFCCC event, Global CCS Institute‘s European General Manager, John Scowcroft said: “This year, we need to ensure that this agreement, and subsequent talks, translate into tangible results. Industry, governments and policymakers need to ensure that momentum is maintained and all clean technologies are given equal impetus to succeed.”

Scowcroft added: “There is a wealth of evidential proof that carbon capture and storage is indispensable to reaching climate change goals and yet, policy-makers are still dragging the chain. CCS is versatile, cost-effective and essential to meeting Paris goals but it can’t get there without policy parity.”

The pre-COP23 side-event gave an overview of the global status of CCS and the progress made by the technology over the past two decades.

CCS is a safe and reliable clean technology that has been used to reduce greenhouse gas emissions for 45 years. There are currently 17 large-scale CCS facilities in operation with five more coming on stream within the next 18 months.

Despite positive CCS progress advancements over the last few years – especially in the US and China – the Global CCS Institute warns that more needs to be done to roll-out CCS and drive investment in the technology.

Scowcroft explained: “CCS needs to be a part of policy action taken during international climate talks. Talk alone is not enough. Paris climate change targets cannot be met without CCS.”

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