IEA calls to develop carbon storage

The International Energy Agency (IEA) calls for a global effort to develop and apply technologies to capture and store carbon (CCS).

The technology of CO2 capture (CCS) is "one of the most promising technologies to reduce emissions of greenhouse gases and save our environment" according to the IEA director Nobuo Tanaka.

So far, only 4 pilot projects to large scale are conducted, and none has so far integrated into the production of coal power.

"CCS technologies must play a key role, but must first be proven in the next decade," argued Mr. Tanaka.

The Director of the IEA said in Paris on the occasion of the publication of a report by the Agency: Carbon Capture and Storage: a key to reducing carbon. This study demonstrates that CCS is likely to provide cost-effective in reducing carbon emissions, but that governments and industry must move forward to fund demonstration units on a large scale, while extending their collaboration.

In referring to the current energy policies, emissions of greenhouse gases will continue to grow rapidly, given the major part represented by the fossil fuel. According to the IEA, projects increasing CO2 emissions to grow by 130% until 2050, in the absence of new policies.

According to the IPCC, such a trend would result in an increase in global temperature of 4 to 7 ° C. However, in the fields of energy and industry, CCS could contribute to about 1/5th of the effort necessary to halve emissions of greenhouse gases by 2050, at a reasonable cost.

"The CCS is therefore essential to achieving deep reductions in emissions," said Tanaka. "Most large global éocnomies recognized and have programs for developing this technology for commercial deployment."

In 2008, at the Hokkaido Toyako Summit, G8 countries have announced the launch of 20 large-scale projects for 2010, for a large commercial deployment in 2020.

Ministers mandated the IEA to assess progress made. But the report said that no country has implemented the level of expenditure and activity sufficient to achieve the G8.

Technology development faces including the rising global costs and lack of appropriate financial mechanisms. The IEA believes that up to 20 billion dollars are needed to establish pilot projects in the short term.

It is important to integrate CCS into the regulatory and incentive schemes to reduce emissions. However, it notes that no country has yet put in place adequate legal framework, although efforts are significant.

In addition, the report stresses that tehnologie CCS is poorly understood by the general public, resulting in a lack of public support for this technology compared to other options for reducing emissions.

"We hope this study helps governments and industry to take immediate steps to make a big difference on climate change" concluded Mr. Tanaka. "It is now time to act."

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