Was it helpful?

We value your feedback about this content. Please let us know what you think:

GCCSI calls for more government incentives for CCS

On 5 February at a Global CCS Institute forum in Washington, D.C., the organisation’s CEO Brad Page called on decision makers to ensure that CCS is included as an eligible technology in national and state-level clean energy targets and incentive programs, the GHG Monitor reported. Page underlined that CCS often gets excluded from the definition of clean energy for some schemes, which hampers the deployment of the technology. ‘We’re certainly not complaining that those policies [for other types of clean energy] exist and that many of the important clean energy initiatives are getting support. Our simple message is that we ought to be in a place where most of the policies are neutral about technologies’ we read in the GHG Monitor press release from the event. He further recommended to incentivise the development of CCS projects by adopting relevant emission reduction policies and to accelerate efforts to invest funds earmarked for CCS that have not yet been allocated to specific projects. He noted that while the governments worldwide have reserved around €16 billion for CCS, almost one-third of that amount has not been so far committed to projects.  

Was it helpful?

We value your feedback about this content. Please let us know what you think: