Publications, Reports & Research
Our publications, reports and research library hosts over 500 specialist reports and research papers on all topics associated with CCS.
Liability has long been raised as a significant barrier to the wide scale deployment of carbon capture and storage (CCS). Despite regulatory developments, the topic of liability continues to be considered by some CCS project developers, policy-makers and regulators as a critical issue and potential ‘show-stopper’ for the technology’s deployment.
This report, through policy and regulatory analysis as well as interviews with policy makers, regulators, lawyers, project proponents and representative from the insurance sector, seeks to challenge these views and make the case for a more commercially-minded view of liability.
The report’s findings reveal that many of the liabilities borne under CCS-specific models are both familiar and eminently manageable. Furthermore, the report demonstrates proposed solutions and examples available in addressing liability for those seeking to invest in or operate CCS projects.
The report also examines the meaning of liability throughout the CCS lifecycle and the unique challenges presented by greenhouse emissions/climate liabilities. The critical role of government and the private sector in allocating and managing risks across the CCS project lifecycle, as well as the essential requirement for further engagement of the insurance sector to assist operators manage liabilities are also topics addressed through this timely report.
The report will be of particular interest to government policy makers, regulatory bodies, CCS project proponents, investors and those in the insurance sector wishing to further understand the topic of liability, the reasons why it is perceived as a barrier to CCS deployment and gain insights into how these barriers have been - and may continue to be - managed and overcome.
The Global CCS Institute has launched a report analyzing California’s recently passed carbon capture and storage protocol. The report provides a summary of the regulation for project developers and policymakers in other states and countries, given the Protocol's global applicability. While comparing it to other relevant regulations – including the federal carbon capture tax credit also known as 45Q – the report seeks to raise awareness for the opportunities created through the protocol and to advance deployment opportunities.
The protocol incentivizes carbon capture and storage projects reducing the lifecycle emissions from bioethanol, hydrogen, and crude, provided the fuel is sold into the California market, as well as direct air capture projects globally.
After almost thirty years of climate change negotiations, global CO2 levels are still rising (NOAA, 2018). The UNFCCC Paris Agreement goals of holding global warming to ‘well-below’ 2°C and to ‘pursue efforts’ to limit it to 1.5°C are in stark contrast to the ever-dwindling carbon budget.
The evidence makes it clear. CO2 needs to be removed from the atmosphere, known as carbon dioxide removal (CDR), using negative emissions technologies (NETs) to meet global warming targets. Bioenergy with carbon capture and storage (BECCS) is emerging as the best solution to decarbonise emission-intensive industries and sectors and enable negative emissions.
This Perspective from Christopher Consoli, Senior Consultant - Storage, explores this technology and its deployment as a climate mitigation solution.
Bioenergy with carbon capture and storage (BECCS) is a promising class of technologies for carbon dioxide (CO2) removal and consists of the capture and permanent geological storage of CO2 stemming from biomass transformation or combustion. Several industrial sectors can implement this technology, including the biofuel sector which is predominantly made up of bioethanol production. Bioethanol is one of the few renewable alternatives to oil and gas-based liquid fuel, with which it can be easily blended to be used as a transportation fuel.
As countries seek to decarbonise transport, demand for bioethanol is set to grow globally. By integrating CCS into the production process for bioethanol, negative emissions can be created. It is forecast that a significant proportion of the world’s bioethanol production will come from developing countries (International Energy Agency, 2018).
This brief focuses on how the production of bioethanol with CCS can be supported by climate finance providers, and the pivotal role Brazil can play in facilitating this process.