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Carbon capture and storage in the CDM.

Author(s) : PHILIBERT C., ELLIS J., PODKANSKI J.

Type of monograph: Booklet

Summary

Carbon dioxide capture and storage (CCS) in geological formations is a potentially important climate change mitigation measure in the coming decades, as geological formations can store large amounts of CO2 (as well as other gases or liquids) for thousands of years. However, CCS has not been widely used to date. The largest CO2 storage project to date (at the Sleipner field in the North Sea) has been injecting approximately 1 million tonnes of CO2 per year since 1996 into a saline formation. The possible inclusion of CCS projects under the clean development mechanism (CDM) raises a number of issues, including how to deal with potential leaks of CO2 and associated permanence and liability issues, what an appropriate project boundary is, how to deal with CDM-"leakage" (i.e. emissions resulting from the project activity beyond its boundaries) and what the possible impact of including CCS would be on the broad CDM portfolio. This paper assesses these issues. The paper can be downloaded from: www.oecd.org/dataoecd/60/36/39725739.pdf.

Details

  • Original title: Carbon capture and storage in the CDM.
  • Record ID : 2009-0473
  • Languages: English
  • Subject: Environment, General information
  • Publication: Oecd (organisation for economic co-operation and development) - France/France
  • Publication date: 2007/12
  • Source: Source: 31 p. (21 x 29.7); fig.; tabl.; ref.

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