Addressing the CO2 challenge: the role of carbon capture and sequestration in reinventing climate solutions
Keywords:
CCS, Climate change, CO2, Carbon capture, Carbon storage, Carbon transport, SequestrationAbstract
Climate change is one of the major causes of global warming and its consequent serious, complex and cascading risks are being felt across different sectors and regions of natural and human systems on all continents and across the oceans. Various complementary strategies in relation to adaptation and mitigation processes are being adopted at local, regional, national and global levels for reducing and managing the greenhouse gas emissions and the risks of climate change, thereby assessing their interaction with sustainable development. In order to address this problem, a revolution in energy technology and the transformation of energy systems are needed that includes higher energy efficiency, increased renewable energies and the decarbonisation of fossil fuel-based power generation. ‘Carbon Capture and Sequestration (CCS)’ technology is one such prospective mitigation strategy that allows continuous use of fossil fuels and provides time to make the changeover to other energy sources in a systematic way – so as to achieve the large-scale reductions in atmospheric CO2. The technology involves capture, transport and storage of CO2. Developing appropriate policy instruments and support frameworks focusing on carbon pricing are the need of the moment from policymakers and governments so as to aggressively drive negative emissions projects.
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