CCS Needs Funding To Meet Emissions Targets

Aug. 1, 2016
Experts implore world governments that urgent funding is necessary to meet emissions targets agreed upon at the World Climate Summit.

Experts appeal to world governments that urgent funding is necessary to meet emissions targets agreed upon at COP21, last year’s World Climate Summit in Paris, according to an article from The Chemical Engineer. The CCS (Carbon Capture and Storage) Forum, which represents experts from academia, industry and government alongside the IChemE Energy Centre, the UK Foreign and Commonwealth Office, the Royal Society of Chemistry (RSC) and Imperial College London, issued a new report outlining the urgent need for government support and funding as well as other priorities for CCS.

According to the article, CCS priorities include “developing a technique to rapidly screen potential new solvents and sorbents, exploring and characterizing suitable geological storage structures, which the authors say is more important than finding new capture technologies, and identifying appropriate benchmarks to assess new CCS techniques.” The CCS Forum reportedly indicates that 120–160 Gt of carbon dioxide (CO2) will have to be stored up to 2050 to meet targets agreed upon at the Paris climate conference, a goal the group says is possible with existing known potential storage reservoirs, according to the article.

Read the entire article here.

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