USE OF THE CLEAN DEVELOPMENT MECHANISM FOR CO_2 CAPTURE AND STORAGE

摘要

This paper presents the results of a study commissioned by the IEA Greenhouse Gas (GHG) R&D Programme to assess the potential for carbon dioxide capture and storage (CCS) projects to make use of the Kyoto Protocol's Clean Development Mechanism (CDM) and to analyze the barriers to implementation of such projects. The study provides a summary of the international regulatory process and assesses how CCS projects may be able to address approval criteria. Colombia, China and India were selected for an in-depth analysis of their project approval process, CCS awareness and interest, activity in, related fossil fuel industries and infrastructure, geophysical resources, relevant national polices, and the regulatory and legal situation. It was concluded that, in general, the largest barrier at this time to significant penetration of CCS technologies under the CDM is the relatively low prices being paid in the GHG market vis a vis the current costs involved for CCS implementation, primarily for CO_2 capture. However, there appears to be a significant potential for commercially viable CCS projects under the Kyoto mechanisms over the longer term. At this stage, continued emphasis on deployment of CCS demonstration projects in high-emitting developing countries would be beneficial to the realization of significant penetration of CCS in the global carbon emissions market.