11 Oct 2012:
Group Calls for Swift Growth
Of Carbon Capture-and-Storage Facilities
An industrial group says that to avoid “dangerous climate change” an additional 55 facilities that capture carbon from power plants and store it underground must be built by 2020
. The group, the Global CCS
Institute, said that only one new carbon-capture-and-storage (CCS) plant was built in the past year, bringing the current number to 75. The institute acknowledged that the goal of building 130 CCS plants by 2020 was unlikely, but argued that the technology is a proven method of reducing carbon dioxide emissions
and vital to future strategies to slow global warming. The institute said that just eight of the 75 plants now in operation have achieved a greater reduction in CO2 emissions that all other greenhouse gas reduction efforts instituted in the UK and Australia. CCS Institute President Brad Page said that governments should treat CCS technology as they do other low-carbon initiatives, like solar and wind power, which often receive subsidies and other government aid designed to encourage the growth of renewable energy.