Carbon Capture and Storage (CCS) is Key      

                                                              CO2 injector well, Whiting North Ward Estes Field, Permian Basin, Texas

Any serious approach to climate change must address the carbon emissions from fossil fuels. Fossil use is growing, and recent climate science suggests that CO2 emissions globally must stop by the middle of this century to avoid the worst aspects of global warming.

 

 

CCS keeps carbon dioxide from power plants and other large industrial sources from entering the atmosphere. Carbon capture and storage is very effective because it can capture up to 90% of the CO2 from these major sources.

 

 

CCS is not a single technology, but three technologies: 

 

1) capture and compression;

 

2) transportation through pipelines,

 

3) injection for storage deep below the Earth’s surface in saline formations or in depleted gas or oil fields.

 

                                                                                                                   

 

CCS lowers the total societal cost of addressing climate change by approximately 30%. [1] This does not mean that CCS lowers electricity prices.  It means without CCS, more costly methods are needed to meet carbon dioxide reduction targets, which could add trillions of dollars.



Fact

CATF is working to:

  • Advance low-carbon technologies through global business partnerships and policy
  • Promote technology innovation that reduces CCS costs
  • Develop incentives and mandates to promote CCS
  • Support projects that lower the carbon emissions of power plants