Tokyo, Tuesday 18 June 2019: A historic meeting of G20 nations’ environment and energy ministers in Karuizawa, Japan during the weekend has focused attention on carbon capture, utilisation and storage as important, innovative technologies for the global energy transition.
The meeting, to discuss energy transitions and global environment for sustainable growth, resulted in a communique stating the challenges in addressing key global issues, such as climate change, were “complex” and “urgent”.
The communique also detailed the adoption of the ‘G20 Karuizawa Innovation Action Plan on Energy Transitions and Global Environment for Sustainable Growth’, aiming to reinforce and enhance a variety of initiatives across the nations, involving multiple stakeholders.
In adopting the plan, the G20 countries will encourage the development and deployment of a range of innovative technologies and approaches, including carbon, capture, utilisation and storage (CCUS).
CEO of the Global CCS Institute, Mr Brad Page, welcomed the inclusion of CCUS technologies within the action plan, saying:
“Carbon capture, utilisation and storage technologies are an essential inclusion in any global strategy to address climate change, and to reach the net-zero emissions by mid-century target outlined by the Intergovernmental Panel on Climate Change (IPCC).
“I congratulate the Government of Japan, as G20 hosts, for leading these important discussions, and for the G20 nations for their inclusion of CCUS within the resulting environmental and energy action plan.
“CCUS technology not only has the ability to achieve deep emissions reductions and mitigate global warming, but has capacity to deliver energy security, economic growth and sustainable development”, said Mr Page.
The plan also highlighted the important role of G20 nations in “supporting the private sector in the promotion of innovation, investment and a better business environment to develop and deploy affordable, reliable, sustainable and low GHG emissions energy systems” and stated that governments will continue to play a key role in creating an enabling environment for innovation.
Japan will host the G20 Summit in Osaka on 29-30 June.
Lucy Temple-Smith (Melbourne): +61 466 982 068 firstname.lastname@example.org
Tokyo, embargoed to 9.00am (JST), Monday June 18, 2018: A senior executive of the world authority on carbon capture and storage (CCS) says it is increasingly obvious that Paris climate change targets are “melting away” and cannot be met within the timeframe agreed by 196 signatory countries.
Speaking at the Japan Carbon Capture and Storage (CCS) Forum in Tokyo, the Global CCS Institute’s Jeff Erikson, said that the impending stock-take of global CO₂emissions and reduction policies taking place at COP24 in Poland this December will show that the world is way off track in meeting below 2°C temperatures by 2030.
Last year’s UN Environment Program Report* stated that national pledges may bring just one third of the reduction in emissions required by 2030.
Meanwhile, the World Meteorological Organization (WMO) says CO₂ concentrations have reached the highest level in 800,000 years.
“The fact is, huge investment in fossil-fuel production continues at a frenetic pace and the world continues to heat up. As the world heats up, Paris targets melt away.
“Until the world realises that we need to apply every conceivable clean technology to this problem, it will not be solved.
“Independent, reputable analysis has repeatedly shown that CCS must be included in a broader mix of clean technologies.”
Mr Erikson told a packed audience of representatives from government, academia, science and industry, that CCS could make up lost ground if it is more widely embraced and its deployment rapidly accelerated.
“CCS is the only clean technology able to decarbonise many industrial processes and it is now being recognised as the conduit to a new energy economy that includes hydrogen.
“This technology creates jobs, preserves communities and builds nations.”
Mr Erikson said Japan realises the opportunities that lie ahead and he pointed to Japan’s Tomakomai CCS facility and the recently launched Hydrogen Energy Supply Chain (HESC), a Japanese/Australian joint venture, as proof of CCS’s potential.
He also referenced the recent announcement by US-based NET Power which has developed a revolutionary technology with Japan’s Toshiba Corporation to produce low-cost electricity from natural gas while generating near-zero atmospheric emissions, including full CO₂ capture.
“This is a breakthrough technology and is one of the most significant developments in CCS technology to date. It makes emission-free power cost competitive with conventional power generation.”
“The tide is turning in CCS’s favour but more needs to be done.”
*UNEP Emissions Gap Report eighth edition (October 2017)
Antonios Papaspiropoulos: +61 401 944 478 email@example.com
Lucy Temple-Smith: +61 466 982 068 firstname.lastname@example.org
Annya Schneider (Brussels): +32 (0) 25503972 email@example.com
About the Global CCS Institute: Our mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and provide energy security. Working with and on behalf of our Members, we drive the adoption of CCS as quickly and cost effectively as possible by sharing expertise, building capacity and providing advice and support so that this vital technology can play its part in reducing greenhouse gas emissions. Our diverse international membership consists of governments, global corporations, small companies, research bodies and nongovernment organisations, committed to CCS as an integral part of a low-carbon future. We are headquartered in Melbourne, Australia with regional offices in Washington DC, Brussels, Beijing and Tokyo. For more information, visit www.globalccsinstitute.com