Politics

Will Copenhagen Resuscitate Carbon Capture and Storage?

By Bob Burton

In a final end-game bid, the governments of Saudi Arabia and Australia are frantically trying to shoe-horn support for the experimental Carbon Capture and Storage (CCS) technology into a final agreement from the COP15 conference in Copenhagen. By the end of the first week of negotiations, promoters of the technology failed to win support from one of the major committees of the United Nations Framework Convention on Climate Change (UNFCCC).

But just two days later, draft text prepared by the chair of one of the two 'tracks' of UNFCCC negotiations threw a lifeline to the coal and power generation industries by flagging that whether or not to include CCS in the Clean Development Mechanism (CDM) as one of the most important issues requiring resolution. Including CCS projects in the CDM would provide a massive financial incentive for the development of trial CCS projects, most of which would be attached to massive new coal-fired power stations in developing countries. And this is just what groups such as the World Coal Institute and the International Emissions Trading Association have been lobbying for.

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Full post as published by PR Watch on December 18, 2009 (boomark / email).