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The Global CCS Institute Welcomes Call from the White House to Accelerate Carbon Management
The Global CCS Institute Welcomes Call from the White House to Accelerate Carbon Management

22nd April 2023 - Washington DC

The Global CCS Institute welcomes President Biden’s call for accelerating carbon capture, utilization, storage, and removals (CCUS and CDR) at the Major Economies Forum (MEF); in addition to decarbonizing energy, ending deforestation and tackling non-CO2 pollutants.

“The Carbon Management Challenge announced by the White House will be a major catalyst in accelerating the deployment of carbon capture technology globally” says Jarad Daniels, CEO of the Global CCS Institute. He observes “Only a few days ago, the G7 energy and climate minsters’ communique demonstrated a united front in commitment towards carbon management and climate change mitigation, in scaling up this critical technology to gigatonne scale. Now, with the call to catalyse global climate action at the MEF, we are at a pivotal point to accelerate the deployment of all the necessary solutions to keep 1.5°C limit on warming within reach.”

The International Energy Agency (IEA) estimates that roughly 1.2 gigatonnes of CCUS and CDR will be needed by 2030 to limit warming to 1.5°C. According to the Institute’s CO2RE database, currently there are 37 commercial facilities in operation with a capacity to capture and store 50 million tonnes of CO2 per annum (mtpa). In addition, there are over 200 facilities in various stages of development, bringing the total capacity of the project pipeline close to 300 mtpa. This means that the current pipeline of projects would need to grow by 4x by 2030 to put us on the right trajectory for net-zero emissions by mid-century.

Mr. Daniels says: “Carbon management will continue to play multiple, unique roles in decarbonising the global economy, both in reducing and removing emissions.  We anticipate even more strategic partnerships and public-private collaboration driving its deployment and stand ready to support governments and businesses in accelerating the scale-up of this critical climate technology.”

Read the full announcement from the White House here:

 

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About the Global CCS Institute:  The Global CCS Institute is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and deliver climate neutrality. For more information, visit www.globalccsinstitute.com

Media Contact: Jess Oglesby (Washington D.C.) jessica.oglesby@globalcssinstitute.com

The Global CCS Institute Welcomes Calls from G7 Leaders to Scale up CCS Globally
The Global CCS Institute Welcomes Calls from G7 Leaders to Scale up CCS Globally

18th April 2023

The Global CCS Institute welcomes a recently released communique from the Group of Seven (G7) Climate, Energy and Environment Ministers calling for the large-scale deployment of carbon capture and storage (CCS), among other climate mitigation measures, to reduce emissions and reach net zero rapidly.

In the communique, the G7 highlights the need to expand CO2 storage and transport infrastructure to drive decarbonisation efforts from industry, and noted the potential of hubs as an avenue for CCS deployment. The G7 also pledges to work collaboratively to develop mechanisms that will enhance the import and export of CO2, and create systems that will further incentivise CO2 utilisation.

“The G7 has shown a united front in its commitment towards CCS and climate change mitigation, which can inch CCS technology into reaching gigatonne scale”, says Guloren Turan, General Manager of Advocacy and Communications with the Global CCS Institute. “For CCS to play its needed role in the net-zero transition and for CCS deployment to scale up faster, international collaboration is key. The communique released by the G7 reflects more of what is needed in the dialogue and diplomacy surrounding the critical technology”, Turan added.

The G7 notes that alongside scaling up CCS, members will also work to strengthen and harmonise the measurement, reporting and verification of emissions reductions driven through carbon dioxide removal (CDR) technologies, including CCS technologies such as direct air carbon capture and storage (DACCS).

Further to CCS, the communique makes mention of a wide range of solutions that G7 members say can further tackle the climate challenge and spur sustainable economic growth, such as carbon markets and carbon pricing.

The G7 members include the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom, with the EU – a supranational organisation – included as a non-enumerated member. The communique follows a three-day meeting among G7 members in Japan.

The Global CCS Institute, a leading climate-think tank, is working with and on behalf of its members, three of which are G7 countries, to drive the adoption of CCS as quickly and cost effectively as possible in order to reach climate neutrality.

Read here for more on the G7 communique.

 

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About the Global CCS Institute:  The Global CCS Institute is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and deliver climate neutrality. For more information, visit www.globalccsinstitute.com

Media Contact: Ruth Gebremedhin (London): +44 7950278261 ruth.gebremedhin@globalccsinstitute.com

 

 

 

The Global CCS Institute Welcomes the UK Government’s Progress on the Cluster Sequencing Process for CCUS
The Global CCS Institute Welcomes the UK Government’s Progress on the Cluster Sequencing Process for CCUS

31st March 2023

The UK government has selected 8 projects from its Track-1 cluster sequencing process for carbon capture, utilisation and storage (CCUS) to proceed to negotiations for government support. This represents Phase 2 of the Track-1 cluster sequencing process that previously established the HyNet Cluster and the East Coast Cluster as funding recipients.

The 8 projects cover a range of innovative CCUS technologies, 3 of which fall under the East Coast Cluster and 5 tied to the HyNet Cluster. The selected projects from the Track-1 Project Negotiation List include the following:

East Coast Cluster projects:

  • Net Zero Teesside Power
  • bpH2Teesside
  • Teesside Hydrogen CO2 Capture

HyNet Cluster projects:

  • Hanson Padeswood Cement Works Carbon Capture and Storage Project
  • Viridor Runcorn Industrial CCS
  • Protos Energy Recovery Facility
  • Buxton Lime Net Zero
  • HyNet Hydrogen Production Plant 1 (HPP1)

In addition to the progress made on Track-1 efforts, the UK government officially launched its Track-2 cluster sequencing process that will establish two additional clusters to transport and store at least 10 Mt of CO2 per year by 2030. Scotland’s Acorn CCS Project, and the proposed Vikings CCS effort in England, are both being eyed as the leading contenders for funding.

“This next step to support industrial decarbonisation is incredibly promising and illustrates that the UK government is committed to having carbon capture, utilisation and storage play a strong role in the low carbon transition”, said Guloren Turan, General Manager of Advocacy and Communications with the Global CCS Institute. “With a current target in the UK to curb 20-30 million tonnes of CO2 per year through CCUS by 2030, the projects established through the cluster sequencing process will help make good on that effort”, added Turan.

The UK government’s CCUS commitments are part of its broader climate target to reach net zero by 2050, which was signed into law in 2019.

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About the Global CCS Institute:  The Global CCS Institute is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and deliver climate neutrality. For more information, visit www.globalccsinstitute.com

Media Contact: Ruth Gebremedhin (London): +44 7950278261 ruth.gebremedhin@globalccsinstitute.com

The UK Government Unveils Significant CCS Funding in 2023 Spring Budget
The UK Government Unveils Significant CCS Funding in 2023 Spring Budget

16th March 2023

The Global CCS Institute welcomes the UK government’s new carbon capture and storage (CCS) funding commitment, as announced by Chancellor Jeremy Hunt during the release of the Spring Budget 2023. As outlined in the budget, the government commits to investing £20 billion to scale-up CCS projects across the UK.

The new funding will be rolled out over a period of twenty-years, and will support the development of CCS initiatives, particularly in North Wales, North West of England and the East Coast. The announcement builds on the governments cluster sequencing process, where £1 billion was previously announced to scale-up CCS efforts, selecting the Hynet Cluster and the East Coast Cluster as initial beneficiaries.

A short list of CCUS projects for deployment will be announced in late March. The government also intends to allow for more CCS projects to enter the selection process for Track 1 clusters, which aims to see two clusters deployed by the mid-2020’s. The budget further states that two additional CCS clusters will be selected through a Track 2 process, with further details upcoming.

“This new funding commitment will lead to significant emissions reductions from industry across the UK, and will ensure that CCS clusters will play their part in tackling the climate crisis”, said Guloren Turan, General Manager of Advocacy and Communications with the Global CCS Institute. “This £20 billion pledge will also provide investors with the confidence they need to pursue their CCS ambitions. The Institute keenly looks forward to the upcoming projects that will be part of the cluster sequencing process overall”, added Turan.

The UK governments CCS efforts is part of its broader climate target to reach net-zero by 2050, which was signed into law in 2019. During the budget announcement, Chancellor Jeremy Hunt re-affirmed the governments aim to capture 20-30 million tonnes of CO2 per year through CCS by 2030, and anticipates 50,000 jobs will be supported through CCS investment.

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About the Global CCS Institute:  The Global CCS Institute is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and deliver climate neutrality. For more information, visit www.globalccsinstitute.com

Media Contact: Ruth Gebremedhin (London): +44 7950278261 ruth.gebremedhin@globalccsinstitute.com 

Australian Federal Budget – More Support for CCS Needed to Achieve Net-Zero
Australian Federal Budget – More Support for CCS Needed to Achieve Net-Zero

25th October 2022

The Global CCS Institute said the Australian Federal Budget, although containing important measures across climate, was lacking the necessary support for carbon capture and storage (CCS).

Alex Zapantis, General Manager – Commercial at the Global CCS Institute, said CCS is critical to achieving climate targets and requires a range of incentives to reach necessary scale.

“CCS is critical to achieving global climate neutrality and will play an important role in achieving national net-zero targets,” said Mr Zapantis.

“Australia is well placed to play a leading global role in lower-carbon LNG, clean hydrogen, and carbon dioxide (CO2) storage as a service, all made possible by CCS. Not only is the technology suite essential to reducing CO2 emissions, CCS investment also offers significant social and economic benefits, most notably a just transition for communities reliant on carbon-intensive industries.”

“The Institute recognises and welcomes ongoing support for CCS in hard-to-abate industrial sectors and negative emissions and funding for the Middle Arm Sustainable Development Precinct in the Northern Territory. However, funding previously committed to CCS should have been realised. The Government’s decision places it in stark contrast to other advanced economies that are providing significant support for CCS, recognising its importance to climate ambition and economic prosperity.  The European Union and the governments of the Netherlands, Denmark, Norway, the UK, USA and Canada are each providing billions of dollars to support CCS investment and secure the future of their heavy industry.”

“Domestic policy settings must attract private capital to deploy CCS at necessary scale, requiring a range of incentive mechanisms. Coupled with the strengthening of the Safeguards Mechanism and access to Australian Carbon Credit Units (ACCUs), funding for CCS is necessary to provide confidence for investors.”

“Decarbonising the Australian economy without CCS is nearly impossible. Without government support at this critical juncture, the transition will be far more costly and volatile, particularly for our regions.”

CCS is proven and well understood, with 30 operational facilities around the world with a cumulative capture capacity of more than 40 million tonnes of CO2 per year. A recent report from the Institute revealed momentous growth in the CCS project pipeline, with 196 facilities in various stages of development around the world and improving policy environments from governments.

 

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Matt Steyn (Melbourne): +61 405 018 007 matt.steyn@globalccsinstitute.com

About the Global CCS Institute: The Global CCS Institute is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and provide energy security.

Carbon Capture and Storage Experiencing Record Growth as Countries Strive to Meet Global Climate Goals
Carbon Capture and Storage Experiencing Record Growth as Countries Strive to Meet Global Climate Goals

17th October 2022 - Australia, Melbourne

Carbon capture and storage (CCS) continues to grow worldwide, according to a new report released by climate think tank the Global CCS Institute. The Global Status of CCS 2022 report reveals a record high of 196 commercial CCS facilities in the project pipeline, including 30 projects in operation, 11 under construction, and 153 in development. With 61 new facilities added to the project pipeline in 2022, the CO2 capture capacity of all CCS facilities under development has grown to 244 million tonnes per annum (Mtpa) – an impressive growth of 44 percent over the past 12 months.

The Global CCS Institute’s CEO, Jarad Daniels, said the rate of growth for CCS can be expected to increase further as countries and companies work to achieve their climate commitments on a shrinking carbon budget.

“The latest, most credible scientific analysis from organizations including the Intergovernmental Panel on Climate Change (IPCC) and the International Energy Agency (IEA), highlights that reaching our climate goals is practically impossible without CCS” said Mr. Daniels.

“CCS is the Swiss Army knife of climate mitigation - it will continue to play multiple, unique roles in decarbonising the global economy. Many essential industries like cement and chemical production have no other viable path for deep decarbonisation other than CCS.”

Not only is CCS vital for reducing CO2 emissions, investment in CCS also offers significant economic and social benefits. For example, CCS can help facilitate a just transition in communities who are reliant on carbon intensive industries; protecting local jobs from economic dislocation by helping transform emission-intense industries to near-zero industries.

As CCS continues to scale-up we are also seeing savings in cost and efficiency of deployment. ”Thanks in part to strengthening government policies around the world, CCS is increasingly commercially competitive across the full value chain, from capture technologies through to storage,” explained Mr. Daniels. “We anticipate even more strategic partnerships and collaboration driving deployment, particularly through CCS networks.”

The Global Status of CCS 2022 shows:

  • In 2022, there are 30 commercially operating CCS facilities, 11 facilities in construction and 153 in various stages of development
  • The capture capacity of CCS projects in the project pipeline is 244 million tonnes per annum (Mtpa) – an increase from 169 Mtpa in 2021.
  • The United States has introduced significant policies and laws, most notably the Inflation Reduction Act (IRA) which provides enhancements to the 45Q tax credit for CCS. Early analysis suggested the IRA could increase the deployment of CCS by 13-fold, or well over 110 Mtpa, by 2030 compared to existing policy.
  • Canada continues to pursue CCS as part of broader decarbonisation, with the 2022 Federal Budget including a CCUS Tax Credit and a CCUS strategy currently under development.
  • In Europe, the Danish Government has committed €5 billion for CCS over 10 years, the Dutch Government has more than doubled the SDE++ program since its launch, to €13 billion. Several new countries in Europe, including Poland, Bulgaria, and Finland, are entering the CCS market for the first time due to the EU Innovation Fund’s granting program.
  • In the Asia Pacific region, Thailand announced its first CCS project, China’s first million tonne project commenced operations, and Australia saw new project announcements in Victoria and Western Australia, and notable progress in the Northern Territory.
  • Across the MENA region, CCS continues to be driven by NDCs and net-zero commitments, the potential to take a significant share of the low-carbon hydrogen market, and various low carbon industrialization plans.

Although the outlook for climate action has never been more positive, global efforts to reduce emissions, including investment in CCS, are still grossly inadequate. “Government policy must be met with private capital to unlock the full potential of CCS and limit global warming to 1.5 degrees to avoid the most catastrophic impacts of climate change. Though CCS deployment is scaling rapidly, we need to see an increase by at least a factor of 100 if we are to achieve the Paris climate goals, which makes this decade an absolutely critical time to move from ambition to action.”

 

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US / North America

Jessica Oglesby

Jessica.oglesby@globalccsinstitute.com

 

 Europe / MENA  

Ruth Gebremedhin

ruth.gebremedhin@globalccsinstitute.com

 

Asia Pacific

Matt Steyn

matt.steyn@globalccsinstitute.com

Global CCS Institute Welcomes White House Announcement of Two New Taskforces on Carbon Capture and Storage
Global CCS Institute Welcomes White House Announcement of Two New Taskforces on Carbon Capture and Storage

29th July 2022 - Washington DC

In the Federal Register today the White House Council on Environmental Quality announced the creation of two new taskforces on “Carbon Dioxide Capture, Utilization, and Sequestration (CCUS)” which will provide recommendations on increasing the efficiency and equity of CCUS permitting and development. One of the taskforces will focus on CCUS deployment on federal lands and offshore waters, while the other focuses on non-federal lands.

The Global CCS Institute’s CEO, Jarad Daniels, welcomed this development, saying: “Today’s announcement further demonstrates the Biden Administration’s commitment to climate leadership. The science tells us that CCUS is necessary to achieve our global climate goals, and these two new taskforces will help accelerate decarbonization across the United States, putting us on a stronger trajectory towards net-zero emissions.”

The U.S. is undoubtedly a global leader in CCUS with 12 commercial facilities in operation and approximately 70 additional facilities under development, but further action is urgently needed. “The challenge before us is that globally we need to scale well beyond five gigatonnes of carbon capture annually within the next few decades to help achieve our global climate goals, which is over 100x our current capacity,” Mr. Daniels said, referencing findings from recent International Energy Agency reports. “Reaching gigatonne scale CCUS is an all-hands-on-deck effort and that means we need broad public support. These two new taskforces will help ensure that a wide range of stakeholders, particularly local communities, have a voice in CCUS projects and benefit from their development.”

 

CONTACT

Jess Oglesby

Senior Communications Lead for the Americas

Jessica.oglesby@globalccsinstitute.com

 

ABOUT

The Global CCS Institute is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and deliver climate neutrality. For more information, visit www.globalccsinstitute.com

IPCC Report Reaffirms Carbon Capture and Storage as a Critical Technology for Mitigating Climate Change
IPCC Report Reaffirms Carbon Capture and Storage as a Critical Technology for Mitigating Climate Change

5th April 2022

The most recent report from the UN International Panel on Climate Change (IPCC) has reaffirmed the vital role of carbon capture and storage (CCS) technologies in achieving global climate goals. Global CCS Institute CEO, Jarad Daniels, said the report underscores the scale of action required and the necessity of CCS in limiting global warming.

“The IPCC has once again confirmed that CCS is key to reaching net-zero emissions by mid-century and mitigating climate change. The Institute welcomes that the report has highlighted the need for CCS across a range of sectors, including energy production, manufacturing and industry, and carbon dioxide removal (CDR),” Mr Daniels said.

The Working Group III report, compiled by a panel of leading climate experts, indicates that whilst progress has been made on reducing emissions in the past decade they remain at record highs. The authors warn that without greater policy ambition to halve emissions in the next decade warming would pass 1.5 degrees, signaling a failure to meet the goals of the Paris Agreement.

In reference to CCS the report notes that, although the technology suite is well understood, it faces several barriers and deployment lags behind rates in modelled pathways limiting warming to 1.5 or 2 degrees. It says enabling conditions such as policy instruments, greater public support and technological innovation could reduce these barriers.

“Although CCS has seen unprecedented global growth in recent years – with 29 commercial facilities in operation and over 100 projects now in various stages of development – much more is required,” said Mr Daniels.

“CCS is mature and deployment-ready. Governments have a key role to play in developing an enabling investment environment by setting clear CCS policy, ranging from support for geological storage assessments to creating financial incentives for the permanent storage of carbon dioxide.”

Amongst solutions including renewable energy, agricultural adaptation, and energy efficiency, the report highlighted an important role for CDR technologies including direct air capture and bioenergy with CCS in delivering net-zero and net-negative emissions beyond mid-century.

 

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Matt Steyn (Melbourne): +61 405 018 007 matt.steyn@globalccsinstitute.com

About the Global CCS Institute: The Global CCS Institute is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and provide energy security. For more information, visit www.globalccsinstitute.com

Global CCS Institute Announces Appointment of Dr. Xiaoliang Yang as Country Manager of China
Global CCS Institute Announces Appointment of Dr. Xiaoliang Yang as Country Manager of China

22nd March 2022

The Global CCS Institute is pleased to announce the appointment of Dr. Xiaoliang Yang as its China Country Manager, beginning 21 March, 2022.

Xiaoliang has extensive expertise in CCUS, clean energy technology development, and international cooperation through his career. In his most recent role as the technology director of China Oil & Gas Climate Investments, Xiaoliang led a team to conduct a pre-feasibility study for a CCUS hub in the Northwestern China. During his previous role as Acting Director for China's Climate & Energy at the World Resources Institute, Xiaoliang worked with policymakers, business, and other decision-makers to support China’s 2030 & 2060 climate targets. In 2020, he led the development of WRI’s flagship report titled: Accelerating the Net-Zero Transition: Strategic Action for China’s 14th Five-Year Plan, demonstrating that the country can achieve its vision for carbon neutrality while generating tremendous net economic and social benefits in 2050. Xiaoliang was also actively involved in the US-China Clean Energy Research Center and the US-China Climate Change Working Group and was a visiting researcher in KAPSARC in Saudi Arabia. In 2013, Xiaoliang contributed to China’s very first National Assessment Report on CO2 Utilization Technologies organized by ACCA21.

Jarad Daniels, the Institute’s Chief Executive Officer, commented on the appointment of Dr. Yang: “We are excited to have such a well-respected expert on CCS and climate change as Xiaoliang on board, at a critical time for CCS and climate change action in China. CCS is an essential solution for China to realize its carbon peak and carbon neutrality goal. We look forward to Xiaoliang and our Beijing team expanding our partnership with various government ministries, businesses and academics in China to accelerate CCS deployment.”

Commenting on his appointment, Xiaoliang said: “Watching the highs and lows of CCUS over the last ten years, I am convinced that the time for CCUS has arrived. The Global CCS Institute is uniquely positioned to play a more essential role in the future global CCUS development. I am honored to be part of this journey.”

Dr. Xiaoliang Yang will be based in Beijing. As of March 21, he can be reached at xiaoliang.yang@globalccsinstitute.com.

Global CCS Institute Announces Appointment of Head of MENA Region
Global CCS Institute Announces Appointment of Head of MENA Region

16th December 2021

Abu Dhabi, UAE – The Global CCS Institute is pleased to announce the appointment of Dr. Mohammad Abu Zahra as Head of Middle East/North Africa (MENA) Region. Dr. Abu Zahra will join the Institute on January 17, 2022, and will be based in Abu Dhabi, UAE.

Dr. Abu Zahra has deep expertise in CCS developed through nearly 20 years of academic, research and business experience.  He was most recently professor of chemical engineering and the leader of the CO2 capture research activities at Khalifa University of Science and Technology in Abu Dhabi.  He has also held academic and technical leadership positions at Masdar Institute of Science and Technology in Abu Dhabi, the International Energy Agency Greenhouse Gas R&D Programme (IEAGHG) in Cheltenham, UK, and at the Netherlands Organization for Applied Scientific Research (TNO) in Delft, Netherlands.

Jeff Erikson, General Manager for Client Engagement at the Global CCS Institute, commented on the appointment of Dr. Abu Zahra: “We are excited to have such a distinguished and accomplished expert as Mohammad leading our work in the MENA region.  We are looking forward to partnering with governments and businesses in the region to accelerate the deployment of CCS, and our presence on the ground will enable much closer working relationships with key CCS stakeholders. CCS is an essential tool to support the transition to a net-zero economy, and the MENA region is poised for significant investment in CCS.”

Commenting on his appointment, Dr. Abu Zahra said: “I am excited to begin my work with the Global CCS Institute to accelerate deployment of CCS in the MENA region. CCS is an important technological option for emissions reduction in the region. The Institute’s expertise cuts across numerous disciplines, and I am looking forward to working with my new colleagues from around the world to apply our capabilities to address the CCS challenges and opportunities that exist here.”

The Institute’s office will be located in the Masdar Free Zone. After January 17 Dr. Abu Zahra may be reached at mohammad.abuzahra@globalccsinstitute.com, or [+971(0)45230880].

 

Response to the Announcement of the Low Emissions Technology Commercialisation Fund
Response to the Announcement of the Low Emissions Technology Commercialisation Fund

10th November 2021

The Australian Federal Government has announced it will establish a $1 billion technology fund to develop low-emissions technologies. The fund will be administered by the Clean Energy Finance Corporation (CEFC) and seek to attract half of the funding from the private sector, allowing the CEFC to invest in new areas including carbon capture and storage (CCS).

The Global CCS Institute’s General Manager – Commercial, Alex Zapantis, said CCS was one of the climate solutions essential to reaching net-zero by 2050.

“CCS is pivotal to our global response to climate change, is commercially available today and is well placed to strengthen our economy and support jobs. We need all climate mitigation solutions, across a broad range of industries – the announcement of a new funding mechanism is timely,” said Mr Zapantis.

“Our recent Global Status Report highlights the momentum surrounding CCS. Over the last year, we’ve seen the number of facilities operating or in development around the world almost double. CCS is very real and happening now.”

“CCS applications are diversifying, with deployment emerging across hydrogen, steel, chemicals and fertilisers, and cement. More than that, negative emissions technologies including direct air capture will be critical in removing CO2 already in the atmosphere.”

“The costs for deployment have fallen over the past decade and will continue to fall. Criticisms of CCS as failure or too expensive are outdated, out-of-touch and endanger real emissions reductions opportunities.”

“While we welcome the potential funding for CCS and other abatement solutions, net-zero and necessary private sector investment will be underpinned by durable policy with clear short- and medium-term targets.”

“CCS is necessary, alongside all other abatement options, to drive emissions at lowest cost and risk. If you take anything off the table, it gets harder. CCS also enables a just transition for communities that currently rely upon emissions-intense industries for employment, as we accelerate towards net-zero emissions.”

 

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Matt Steyn (Melbourne): +61 405 018 007 matt.steyn@globalccsinstitute.com

About the Global CCS Institute: The Global CCS Institute is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and provide energy security. For more information, visit www.globalccsinstitute.com

Media Advisory | COP 26 (Blue Zone) | Rapid Scale up of Carbon Capture and Storage Technology Needed to Reach International Climate Targets
Media Advisory | COP 26 (Blue Zone) | Rapid Scale up of Carbon Capture and Storage Technology Needed to Reach International Climate Targets

9th November 2021

Media Advisory

9 November 2021 – In a recent climate report released by international think tank the Global CCS Institute, carbon capture and storage (CCS) projects globally has increased by almost one third in the last year alone. Despite this, a rapid scale up of CCS is still needed, particularly if 2050 climate targets are to be met. To reach net-zero by mid-century, CCS will be responsible for mitigating 15% of the world’s emissions.

Live at COP 26, join the Global CCS Institute as it hosts discussions with the IPCC, IEA Greenhouse Gas R&D Programme, Bellona Europa and Carbon Capture an Storage Association on the role carbon capture and storage will play in the ongoing green transition.

What: COP 26 Side Event | Reaching Climate Neutrality: Carbon Capture and Storage in the Green Transition

Where: COP 26 Conference (Blue Zone) -  IETA Business Hub Pavilion, Zone D, Hall 5

When: 9 November, 2021 | 10:30 GMT

Who: Speakers will include:

  • Professor Jim Skea – IPCC Co-Chair of Working Group III
  • Tim Dixon – Director and General Manager, IEA Greenhouse Gas R&D Programme
  • Ruth Herbert – CEO, Carbon Capture and Storage Association (CCSA)
  • Jonas Helseth – Director, Bellona Europa
  • Guloren Turan – General Manager of Advocacy and Communications, Global CCS Institute (moderator)

Please be advised that seating in this event space is limited. If you’re interested in attending, we recommend you reach out to our media contact and request reserved seating.

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Media Contact: Ruth Gebremedhin: +44 7950 278 261 ruth.gebremedhin@globalccsinstitute.com

About the Global CCS Institute:  The Global CCS Institute is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and provide energy security. For more information, visit www.globalccsinstitute.com

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