January, 2007
Incentives for CO2 Capture, Transport and Storage
CO2 Capture Project
The widespread deployment of CO2 Capture and Storage (CCS) technology is uneconomic at the current state of technological development and with current markets and regulatory drivers. Additional incentives will be necessary, especially in the near term, if CCS is to play a significant role in reducing global GHG emissions. This Policy Position Paper the challenges facing widespread development of CO2 capture, transport and storage technology, which fall into two general categories: commercial incentive and risk environment.
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