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Publications
Our publications, reports and research library hosts over 500 specialist reports and research papers on all topics associated with CCS.
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The Economics of Direct Air Carbon Capture and Storage
26th July 2022
Topic(s): Carbon capture and storage (CCS), CO2 removals, Direct air carbon capture and storage (DACCS), Economics
Carbon capture and storage (CCS) is a set of technologies that capture CO2 from large emission sources or from the atmosphere and safely stores it underground or permanently in products. As the scale and urgency of climate action has become clearer in recent years and governments and companies have done the necessary work to map their own pathways to climate neutrality, carbon dioxide removal (CDR) technologies - direct air carbon capture and storage (DACCS) in particular - have become a focal point in climate mitigation.
This paper explores the economics of DACCS, relying on the economic model described in the methodology, in which actors within the energy system are free to pursue least-cost options in meeting net-zero pathways. The intent of the paper is a thought experiment to show how DACCS deployment might affect the global energy system. It focuses solely on the cost of DACCS - applying no additional policy assumptions - and is not a forecast.
The paper finds that:
- DACCS plays a unique role among technological climate mitigation options as it can function as a backstop technology, potentially avoiding climate disaster if other low-cost pathways are not realised.
- Low-cost DACCS, should it be realised, would reduce the total cost of decarbonisation and meeting climate goals.
- If DACCS deployment is limited due to high costs, the main decarbonisation pathway for industry and transport (except light duty vehicles, which are electrified) is hydrogen.
- Electricity generation, buildings, and light vehicles are largely unaffected by the deployment of DACCS and decarbonise through increased efficinecy and renewable energy pathways.
- The challenge inherent for governments is to implement policy and provide incentives for immediately available mitigation pathways, while supporting the development and commercialisation of lower-cost DACCS.
Download a description of the economic model used in this paper here.
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.
Bonn Climate Conference Outcomes
7th July 2022
During the 56th session of the subsidiary bodies Bonn Climate Change Conference held between 6 and 16 of June 2022, all Parties to the UNFCCC came together to make progress towards the UN Climate Change Conference (COP27) taking place in November 2022.
The Institute was on the ground in Bonn as an Observer to follow the negotiations process, engage in discussions at the appropriate forums and liaise with delegates and participants.
In this newly released report, we outline our main takeaways from the conference, highlighting key discussions conducted in the areas most relevant for CCS, including the Global Stocktake (GST) of the Paris Agreement and Article 6 negotiations. We further unpack:
- The Bonn climate negotiation outcomes
- The CCS insights that emerged
- The next steps towards COP 27
The report, authored by the Institute's Senior Policy Adviser on International Climate Change, Noora Al Amer, is the first of a series dedicated to COP27 and the role of CCS in the implementation of the Paris Agreement.
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.
Dispelling Myths Around CCS (Factsheet)
13th June 2022
The accelerated deployment of carbon capture and storage is a critical piece of the solution to slowing climate change and transitioning towards net-zero. But, there remains a wealth of misinformation about CCS in the public space.
This new two-pager from the Global CCS Institute tackles five of the most common myths about CCS:
- CCS is an unproven technology
- CCS is too expensive
- CO2 storage is unsafe
- CCS only prolongs the life of fossil fuel industries and delays the world from reaching global climate goals
- There is not enough space to safely store all of the CO2 captured by CCS projects
Download the full factsheet below to learn more about the evidence against each of these myths, with references to the latest research from the IEA, IPCC, and other trusted scientific bodies.
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.
An ESG Reporting Methodology to Support CCS-Related Investment
9th June 2022
Topic(s): CCS finance, CCS policy, Environmental social and governance (ESG)
The ESG reporting landscape remains dynamic and there is an increasingly clear opportunity for both project proponents and investors to leverage ESG frameworks for the deployment of CCS in pursuit of decarbonisation. However, while there are few barriers to reporting CCS-specific activities within an organisation’s climate risk mitigation activities, questions remain about the quality and utility of this information.
This thought leadership report from the Institute builds upon previous analysis, to consider in greater detail how project proponents and investors may leverage the benefits of their CCS-related investments and project operations, in the context of the wider reporting environment. The Institute has developed a CCS-specific methodology, highlighting potential pathways for the reporting of CCS activities within current ESG schemes and reporting regimes. This non-prescriptive approach aligns with the six high-level themes identified within leading existing schemes and is in-line with feedback received from a variety of stakeholders on consolidation and harmonisation.
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.
Pore Space Rights – U.S. Overview
25th May 2022
Sequestering carbon dioxide (CO2) in subsurface geological formations in the United States presents a unique property law issue; pore space ownership.
This brief, authored by Ruth Ivory-Moore, Policy and Advocacy Manager for the Americas, summarizes the issue of pore space ownership within the U.S., and provides a brief overview of the current state of property right laws related to pore space ownership in nineteen different states.
Download the full brief below.
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.
State of the Art: CCS Technologies 2022
17th May 2022
With the emergence of Carbon Capture and Storage as an essential tool to limit climate change impact and reduce emissions from energy intensive industries, interest in CCS has been growing at an unprecedented rate in recent years.
As a result of the key role played by CCS in the energy transition towards a net-zero future, the economic performance of CCS is becoming increasingly important and technology development fundamental to meet the demand for improved CO2 capture systems, transport costs and storage options.
In our inaugural Technology Compendium, authored by Dr. Nouman Mirza and Dr. David Kearns, we take a look at a wide range of commercially-available CCS technologies around the world and analyse technology developments in the context of CO2 capture, transport, storage and the full value chain.
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.
Developments and Opportunities – A Review of National Responses to CCS Under the London Protocol
4th May 2022
In a perspective released by the Institute, authors Ian Havercroft and Chris Consoli explain how amendments to the London Protocol has enhanced prospects to scale up CCS. With greater flexibility under the London Protocol, including transboundary movement of CO2 aimed for storage now permitted, this perspective looks at how nations in Europe and Asia Pacific are responding to potential CCS opportunities provided with lessened regulatory barriers.
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.
CCS in the latest IPCC report “Mitigation of Climate Change”
26th April 2022
In a report released by the UN International Panel on Climate Change (IPCC) titled ‘Mitigation of Climate Change’, authors – part of Working Group III – pointed to the critical role carbon capture and storage (CCS) will play as a climate solution, on the urgent path to limit global warming.
The Institute takes a closer look at this key IPCC report in a newly released brief, authored by our Senior Policy Adviser on International Climate Change, Noora Al Amer. In it, the Institute unpacks the details of the IPCC findings, highlighting:
- The emissions mitigation potential CCS will provide a wide range of sectors, further supporting pathways to net-zero
- Where CCS stands on the UN’s Sustainable Development Goals
- How scaling CCS deployment can vary based on region
Download the brief below for the full overview.
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.
What the Experts Say About CCS (Factsheet)
1st March 2022
As part of our series Understanding Carbon Capture and Storage, this newly released two-pager highlights what some of the world's foremost climate and energy experts have said about CCS as a necessary and viable technology to help reach net-zero.
The factsheet contains quotes from:
- Dr. Fatih Birol, Executive Director, the International Energy Agency (IEA)
- Prof. Heleen De Coninck, Associate Professor, Department of Environmental Science, Radboud University, Coordinating Lead Author of Chapter 4 of the IPCC Special Report on Global Warming of 1.5°C
- Dr. Jennifer Wilcox, Principal Deputy Assistant Secretary, Office of Fossil Energy and Carbon Management, U.S. Department of Energy, formerly Presidential Distinguished Professor of Chemical Engineering and Energy Policy at the University of Pennsylvania
- Prof. Jin Hongguang, Member of China Academy of Sciences, Chair Commissioner, CCUS Professional Committee, Chinese Society of Environmental Sciences
- Dr. Julio Friedmann, Chief Scientist at Carbon Direct, and non-resident fellow at the Center on Global Energy Policy at Columbia University
- Prof. Michael Gerrard, Andrew Sabin Professor of Professional Practice, Columbia Law School
- Prof. Niall Mac Dowell, Professor in Energy Systems Engineering, Imperial College London
- Lord Nicholas Stern, IG Patel Professor of Economics and Government, and Chairman of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics
- Dr. Sally Benson, Deputy Director for Energy and Chief Strategist for the Energy Transition at the White House Office of Science and Technology Policy (OSTP)
Download the full factsheet below and follow the Institute on Twitter and LinkedIn for additional expert content.
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.
Carbon capture and storage (CCS) continues to make significant progress around the world against a backdrop of greater climate action from countries and private companies. The Global Status of CCS 2021 demonstrates the critical role of CCS as nations and industry accelerate to net-zero.
The report provides detailed analyses of the global project pipeline, international policy, finance, and emerging trends. In addition, four regional overviews highlight the rapid development of CCS across North America, Asia Pacific, Europe and nearby regions, and the Gulf Cooperation Council states.
The Global Status of CCS report shows that global storage capacity has increased 32% in the last year alone. There are now 135 commercial CCS facilities in the project pipeline (27 are fully operational) from a diverse range of sectors including cement, steel, hydrogen, power generation and direct air capture.
Download the full Global Status Report 2021 in Arabic.
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.
The Global Status of CCS report illustrates the critical role carbon capture and storage technology plays in reducing industrial emissions and documents the current and ongoing CCS efforts being undertaken to tackle climate change.
The Global Status of CCS factsheet highlights measures government and industry can take to achieve cost-effective net-zero emissions through CCS and also points to key milestones reached in the CCS space over the last year.
Download the Global Status of CCS Factsheet below:
Global Status of CCS - Factsheet - English
Global Status of CCS - Factsheet - Japanese
Global Status of CCS - Factsheet - Chinese
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.
Carbon capture and storage (CCS) continues to make significant progress around the world against a backdrop of greater climate action from countries and private companies. The Global Status of CCS 2021 demonstrates the critical role of CCS as nations and industry accelerate to net-zero.
The report provides detailed analyses of the global project pipeline, international policy, finance, and emerging trends. In addition, four regional overviews highlight the rapid development of CCS across North America, Asia Pacific, Europe and nearby regions, and the Gulf Cooperation Council states.
The Global Status of CCS report shows that global storage capacity has increased 32% in the last year alone. There are now 135 commercial CCS facilities in the project pipeline (27 are fully operational) from a diverse range of sectors including cement, steel, hydrogen, power generation and direct air capture.
Disclaimer
The content within the Global CCS Institute Publications, Reports and Research Library is provided for information purposes only. We make every effort and take reasonable care to keep the content of this section up-to-date and error-free. However, we make no claim as to its accuracy, currency or reliability.
Content and material featured within this section of our website includes reports and research published by third parties. The content and material may include opinions and recommendations of third parties that do not reflect those held by the Global CCS Institute.