More CCS Projects Needed to Check Global Warming

carbon capture and storage project

The Global Carbon Capture and Storage Institute issued a report on Wednesday urging governments to pass policies reflecting a much stronger commitment to the future of CCS. The group believes that unless a hundred carbon capture and storage facilities are built soon, global warming could exceed the ‘safe’ limit of two degrees Celsius agreed on by most scientists.

Last year only a single plant of substantial size was built, whilst plans for eight more were cancelled. Chief of the CSS Institute, Brad Page, argues that only an increase in the rate that new ventures are embarked upon will see CSS fulfilling its potential to counteract global warming. He said:

The number of operational projects would need to increase to about 130 by 2020, but this seems unlikely, with institute projections indicating that only 51 of the remaining 59 projects identified in our annual survey may be operational by then.

This announcement coincides with the news that the UK has been given until the end of this month to confirm involvement in NER300, a new EU funding pot for CSS worth billions. The EU commission, who have issued the deadline, have already ranked a proposed project in Yorkshire as one of the favourites to benefit from the scheme.

However, despite this, there are fears that that project is losing momentum. Liberal Democrat MEP Chris Davies said:

Almost four years have passed since a limited funding support mechanism was approved. Yet today, not a single project has been given the all-clear. If decisions are not reached by the end of this month, Europe will send out a clear signal to the world that it has given up on CCS.

Others are focused on expanding the UK’s CCS industry without outside help. Aside from NER300, the UK already has a billion pound fund set up for investment in a commercial scale CCS project. Talking of British CCS’s potential for growth, Chris Littlecott, E3G’s senior policy adviser at the environmental organisation, said:

CCS can play a significant role in helping to meet UK carbon budgets while stimulating investment in infrastructure and retaining jobs in high-value-added industries. The key sticking point however remains the Treasury. George Osborne has the opportunity to secure CCS as a growth sector the UK – indeed his love of gas must be matched by support for CCS.

Steve (156 Posts)

I am chief writer and editor on Green Steve. Blogging since 2011, I like to delve into a wide number of topics to help people reduce their carbon footprint. You should follow me on Twitter here. And add me to your Google+ circles here.

Hire Me - did you enjoy this post? Let me write thought provoking environmental and green living articles for your website or blog

Comments are closed.

How Sustainable Is Livestock As A Food Source?

In the third post in my series on the environmental impacts of agriculture, I am looking into livestock and how the rearing of animals for food is putting pressure on many resources while contributing to ou...
Is The Local Diet All It’s Cracked Up To Be?

I am writing this post as part of the Change the Week Wednesday challenge for the week beginning August 29th but I hope my research and opinions will remain evergreen for much longer as the topic of buying ...
Conclusive Figures Expound Wind Farm Myths

An analysis of data from the National Grid by The Guardian has revealed that, contrary to the claims of anti-wind farm lobbyists, wind generated power is helping to lower emissions on a national level. Ind...
Coal Set to Overtake Oil by 2022

A report from the International Energy Agency (IEA) has claimed that over the next decade coal will replace oil as the world's leading source of energy. Growing demand in highly populous countries such as ...
Are Market Distortions Inflating Our Gas Bills?

There are fears that irregularities in the market price of gas my lead to higher household bills in the UK, following revelations that the fuel is often exported even when the wholesale price is higher in t...
New Budget Sets Up ‘Dash for Gas’

George Osborne's budget, announced on Wednesday, has confirmed the government's commitment to shale gas, with the chancellor claiming: "Shale gas is part of the future. And we will make it happen."...