Carbon capture and storage
Secure, reliable and affordable energy supplies are needed for sustainable economic growth, but increases in associated carbon dioxide (CO2) emissions, and the associated risk of climate change, are a cause of major concern. The IEA analysis in Energy Technology Perspectives 2008 (ETP) projects that the CO2 emissions attributable to the energy sector will increase by 130% by 2050 in the absence of new policies or supply constraints as a result of increased fossil fuel usage. To address this increase will require an energy technology revolution involving greater energy efficiency, increased renewable energies and nuclear power, and the near-decarbonisation of fossil fuel-based power generation. This report will provide an update on global CCS development, and discuss the path forward on tracking the G8 recommendations for reporting at the Canada G8 Summit in 2010.
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