IEA Prioritizes Carbon Capture and Storage in 2013
1 January 2013: The International Energy Agency (IEA) has made policy development for the deployment of carbon capture and storage (CCS) a priority for 2013. According to the Agency's World Energy Outlook 2012, significant deployment of CCS will be needed to limit global warming to two degrees by 2050, even under an ambitious scenario where current fossil fuel use falls by 20% from current levels.
Speaking at the 11th International Conference on Greenhouse Gas Control Technologies in Kyoto, Japan, Juho Lipponen, Head of the IEA Carbon Capture and Storage Technology Unit, stated that "CCS is not a substitute, but a necessary addition to other low-carbon energy technologies and energy improvements."
Lipponen urged the implementation of IEA policy recommendations on storage site screening and development to avoid impediments to future CCS installations. Over the short term, the Agency has prioritized the development of incentive policies, which could be modeled on successful policies developed for renewable energy.
Detailed plans for the development, investment and deployment of CCS are available in the IEA's Roadmap series and Energy Technology Perspectives 2012. A new, revised version of the IEA CCS technology roadmap is expected in March-April 2013. [IEA Press Release] [IISD RS Story on the IEA World Energy Outlook 2012]