2.9 Policy and Regulations on CCS 2.9.1 What Does a Comprehensive Policy Framework Look like? According to IEA’s (2012) ‘Technology Perspectives 2012 2oC’ report, limiting the long term global temperature increase to 2oC necessitates CCS to account for one-sixth of emission reduction from a ‘business as usual scenario’ by 2050 (IEA, 2013a, p.5). This implies that the amount of captured and stored CO2 across the power generation sector should hit about 7.8 GtCO2 in 2050 (IEA, 2012). Achieving these rather ambitious targets requires comprehensive policy frameworks both nationally & internationally, to promote both demonstration and commercial CCS deployment and also ensure it is undertaken in a safe and environmentally friendly manner (IEA, 2014). These policies should be inclusive enough to comprise both reliable emission reduction measures and an integrated support (including funding) for Research, Development and Demonstration (RD&D) (Figure 14) (IEA, 2012). Highlighted below are the perceived insights of a coherent and comprehensive policy framework for promoting CCS demonstration and deployment; which include the key indicators relevant for assessing government progress towards implementation of drivers for CCS demonstration and deployment (IEA, 2014b, p.11-12). 2.9.2 International Legislation and Conventions The main international conventions relevant to CCS include the 1992 Oslo-Paris (OSPAR) Convention, the United Nations Convention on the Law of the Sea (UNCLOS),
According to the American Clean Energy and Security Act (ACES), the U.S. work towards an economy-wide CO2 cap-and-trade reduction program to reduce CO2 emissions to 17% below 2005 levels by 2020 (Morrow, Gallagher, Collantes, & Lee, 2010).
Conference Focus: Implement a new policy within five years to move into renewable energy, with a focus on solar power, while decreasing the use of fossil fuels. This policy will examine the barriers to implement new renewable energy technologies that will decrease the carbon dioxide emissions and identify ways to overcome these barriers through incentives, tax breaks, and attitudinal changes.
The issue of carbon emissions is an important one not only from an environmental perspective but also an economic one. While reducing carbon emissions is an important one for the health of human beings as well as that of the environment, the larger question is what type of policy strategy is best for both reducing such emissions which might have an impact on efforts to mitigate the effects of pollution on climate change. While ther are options to consider which does not rely on economics-- technological or output standards achieved by command and control regulations--they are often fraught with political resistance by industry because they do not allow industry to make any choices or play a role in solving the problem of
However, the Action Plan is not likely to produce 9.8 Mt in new reductions by 2020, as the government stated. For example, the government claimed that using Greenhouse Gas Reduction Account funds to subsidize electricity prices which would produce 3 Mt in emission reductions. We found no evidence to support this claim and concluded that subsidizing electricity rates is not an acceptable use of these funds. Fortunately, the government is no longer proposing to divert Greenhouse Gas Reduction Account funds in this way.
A shift towards wholesale AES usage would entail a significant reduction of the state’s greenhouse gas emissions. Currently, our use of fossil fuels and consequent greenhouse gas emissions are causing climate change, destroying natural habitats, and causing ill effects in terms of our population’s health, through pollution-related illness (Atabani et al., 2012). While AES is proposed to be the most viable solution to decreasing the ill effects of fossil fuels, some propose there are ways that California can and should utilize our current fuels in more environmentally safer ways for before shifting directly towards alternative fuel. With regards to CO2 emissions from coal, some propose that so-called “Clean Coal,” or “Carbon Capture and Storage” (CCS) represents an environmentally-viable energy production strategy whereby the United States and California can use their abundant coal reserves, and trap the CO2 emissions, thus burning the product without damaging the environment (Noorden,
CAP and Trade is a cost-effective method for reducing emissions. The world’s largest implementation of Greenhouse gas trading system is the European Union Emissions Trading System (EU ETS) and they have been environmentally ineffective. The result of price crash non-stability in California and Quebec are also environmentally ineffective. In 2016, the emphasis was on EU ETS’s fourth phase (2021-2030) which was what the European Commission, presented changes for. The purpose of the presented changes is to bring the cap into line with the EU's 2030 objective, reducing Greenhouse Gas emissions to at least 40% nationally by 2030. The EU provides a better goal of free allocation rules and further supports low-carbon innovation and energy sector transformation. To meet the legal requirements and to compensate for excess pollution EU ETS should reduce GHG emissions, and buy emission allowances in the carbon market. They could also reduce GHG emissions
Whilst it may seem a “no-brainer” to cease investment in non-renewable power and transfer our effort, resources and investment into developing renewable energy sources, the reality is that we have become so reliant and dependent upon non-renewable energy – particularly fossil fuels – that we must continue to use, develop, and invest in such energy to maintain the living standards that we enjoy today. In our short to medium-term future, and in spite of our ever-increasing scientific knowledge about the environmental price that we pay in using non-renewable energy, we must continue to invest in it. Let me explain why.
The Australian public are concerned with the environment and keen that any Government in power have some commitment to the environment and climate on its agenda and that the Government is committed to preserving the environment. If those in power wish to remain there this commitment must be visible. Unfortunately Australia has just committed to an economic plan that is based on the mining, exportation and burning of the nations massive coal resources (Vorrath, 2014). Hand in hand with this strategy, should be an investment in CCS so that Australia takes some responsibility for reducing pollution. It is interesting to note that the two biggest countries Australia is relying on to buy this coal (India and China) are starting to move away from heavy polluting coal power stations and looking at alternative technologies. India, for example, is providing loans and subsidies to its citizens to set up the world’s largest solar farms whilst China has the ambitious aim to phase out coal completely in some cities by 2020 (Vorrath, 2014). By reducing their coal dependency these countries are in fact playing their part in trying to reduce Co2 pollution albeit not necessarily investing in CCS technology (Vorrath,
At this point in time our possible solutions to the global warming are few; our technologies aren’t advanced enough to take the brunt of energy production and wean away from fossil fuel, and we have been too passive for too long regarding our CO2 emissions that’s it’s not feasible to either use cap and trade, or a flat out reduction of CO2. At our current rate of growth, energy from alternative energy sources will be around 8% of the total energy usage by 2025 (Butler 3). This is not nearly enough to be used as a feasible solution to combat our rising CO2 production, and by the time this is feasible, sever climate changes may have
Socolow and Stephen W. Pacala in their article, “A Plan to Keep Carbon In Check (2006)" suggests that “today’s notoriously inefficient energy system can be replaced if the world gives unprecedented attention to energy efficiency.” Taking steps to institute policies and be cost-efficient will entail structural change, but in the end will be in the best interest for countries to aid in the adaptation of lower carbon products and economic competitiveness. They further state that governments need “to stimulate the commercialization of low-carbon technologies” so there is less demand for fossil fuels thereby increasing “competitive options” for the future. (Socolow & Pacala, 2006) Consequently, the emissions of carbon dioxide into the atmosphere is causing the rise of global temperatures. Utilizing technology specifically for carbon capture and storage is crucial so we can slowly begin our process of adapting to other energy resources. It is also important that all countries participate in policies that will reduce emissions in a cost-effective
These include expanding clean energy research and development, developing and deploying clean energy technology and building a smarter and more efficient electricity grid based on clean and renewable generation. “In May 2009, the federal government committed $795 million over five years under its Clean Energy Fund to support research, development and demonstration of clean energy technologies including large-scale carbon capture and storage (CCS) demonstration projects.” [Angus, Mitchell,
This is not only a benefit to the environment, but it also benefits the shareholders as a more efficient company will turn a better profit. Suncor has made it a goal to improve energy efficiency by 10% by 2015. To do this is had focused on developing technologies to increase energy efficiency and recapture. Carbon capture and storage (CCS), Integrated CO2 Network (ICO2N) and CO2 Capture Project (CCP3) are all developed policy and technology projects that have been deployed throughout the Suncor organization. Suncor is also taking a leadership role in Carbon Management Canada (CMC). Suncor is revisiting future growth project designs to evaluate GHG reduction opportunities. Suncor is also participating in advanced research on GHG abatement technologies through CMC, ICO2N, CCP3 and other groups.
Although one country should not interfere with another we are all one nations and we all interact in some way. The relationship between our worlds countries are defined as “International relations” and/or “International affairs”, it involves a series of different relations between countries, such as Economics, Human rights, Global poverty, The Environment, Globalization, Trade, Security, and much more. The rules and Regulations regarding International relations between countries is defined as International law. The rules and regulations regarding international law are created by a group Called the United Nations, they create these rules to try and advance in international peace and security. There are a number of multilateral treaties adopted to help maintain peace throughout our world countries these treaties include, Convention on the Prevention and Punishment of the Crime of Genocide (1948), International Convention on the Elimination of All Forms of Racial Discrimination (1965) ,International Covenant on Civil and Political Rights (1966),International Covenant on Economic, Social and Cultural Rights (1966),Convention on the Elimination of All Forms of Discrimination against Women (1979), United Nations Convention on the Law of the Sea (1982), Convention on the Rights of the Child (1989), Comprehensive Nuclear-Test-Ban Treaty (1996), International Convention for the
1A). The next 50 years is a sensible horizon from several perspectives. It is the length of a career, the lifetime of a power plant, and an interval for which the technology is close enough to envision. The calculations behind Fig. 1A are explained in Section 1 of the supporting online material (SOM) text. The BAU and stabilization emissions in Fig. 1A are near the center of the cloud of variation in the large published literature (8). and climate problem over the next half-century” means to deploy the technologies and/or lifestyle changes necessary to fill all seven wedges of the stabilization triangle. Stabilization at any level requires that net emissions do not simply remain constant, but eventually drop to zero. For example, in one simple model (9) that begins with the stabilization triangle but looks beyond 2054, 500ppm stabilization is achieved by 50 years of flat emissions, followed by a linear decline of about two-thirds in the following 50 years, and a very slow decline thereafter that matches the declining ocean sink. To develop the revolutionary technologies required for such large emissions reductions in the second half of the century, enhanced research and development would have to begin immediately. Policies designed to stabilize at 500 ppm would inevitably be renegotiated periodically to take into account the results of research and development, experience with specific wedges, and revised estimates of the size of the
Energy Plan (CEP), which targets the year 2030 to have cut carbon dioxide emissions by thirty-two