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New Carbon Bank Established in Alberta (Ind. Report)
Carbon Credit Solutions Inc.
Date: 2014-03-12
Airdrie, Alberta-based Carbon Credit Solutions Inc. (CCSI) is launching a new Carbon Bank that will allow companies to bank carbon credits for future sale. In Alberta, these companies are required to reduce their emission intensity by 12 percent annually. To meet this target they have three options: implement new technology that reduces greenhouse gas emission, pay $15 per tonne to a provincial technology and research fund that develops ways to further reduce air pollutants, or purchase carbon credits from a third party.

According to CCSI, the move to create the new bank comes in response to the anticipated increase in the price of carbon credits in Alberta following the suggestion from Environment Minister Diana McQueen in April 2013 of a 40/40 increase made in the spring of 2013. The proposal, if passed, will require large carbon emitters to reduce emissions by 40 per cent or pay a $40-per-tonne fee if they exceed the 100,000 tonne limit. (Source: Carbon Credit Solutions Inc., Rocky View Weekly, 10 Mar., 2014) Contact: Carbon Credit Solutions Inc., Alastair Handle, Pres., (403) 912-9132, carboncreditsolutions.ca

Tags Carbon Market news,  Carbon Credit news,  Carbon Emission Credit Trading news,  


EU Urged to Include CCS in 2030 Climate Framework (Int'l)
Scottish Carbon Capture & Storage
Date: 2014-02-19
Scottish Carbon Capture & Storage (SCCS) has called on the European Union to identify and propose quantifiable milestones for carbon capture and storage (CCS) as part of the new 2030 climate and energy framework. SCCS is the largest carbon capture and storage research group in the UK

The SCCS policy briefing follows the publication yesterday of the Global CCS Institute's 2014 review of CCS progress worldwide, which concluded that Europe is "lagging behind" progress on CCS being made in the USA, Canada and China. The GCCSI also highlighted that industrial CCS projects are under construction in Australia and the UAE.

The European Commission's recent proposals for 2030 recognized that CCS is required in order to cost-effectively decarbonize Europe's industrial and power sectors. However, it failed to include specific policy incentives or any indication of the level of CCS deployment required by 2030 as a means to achieving reductions of CO2 emissions of 80-95 percent by 2050. (Source: Scottish Carbon Capture & Storage, Click Green, 19 Feb., 2014) Contact: Scottish Carbon Capture & Storage, +44 (0) 131 650 0270, www.sccs.org.uk

Tags CCS news,  CO2 news,  


Chevron Drilling CO2 Injection Wells in Australia (Ind. Report)
Global CCS Institute
Date: 2013-12-09
The Oil & Gas Journal reports that Chevron has begun drilling CO2 injection wells on Barrows Island as part of its liquefied natural gas (LNG) project in Western Australia. According to Chevron, the wells are expected to reduce the project's greenhouse gas emissions by about 40 percent.

Chevron expects to inject 3.4 to 4 million MTPY of CO2 into the storage reservoir and says there could be a total of 100 million metric tons injected during the 40-year life of the project.

There are 12 operational CCS projects in the world which together prevent the release of 25 million MTY of greenhouse gases. An additional eight projects which are under construction will increase the total to 38 million MTY by 2016, according the Global CCS Institute .(Source: Chevron, Env. Leader, 4 Dec., 2013) Contact: Global CCS Institute, www.globalccsinstitute.com; Chevron, (925) 842-1000, www.chevronenergy.com

Tags Global CCS Institute news,  Chevron news,  CCS news,  


Univ. of Utah Supercomputer to Test Oxy-Combustion Tech (R&D)
Global Carbon Capture and Storage Institute.
Date: 2013-11-04
Researchers at the University of Utah will soon be using the world's largest super computers in a 5 year, $16 million simulation that will test a new type of low-emission coal-fired power plant. The simulation and test is being funded by the U.S. DOE's National Nuclear Security Administration which will also software designed to simulate and predict the performance of a 350-megawatt boiler system capable of electrifying a midsize city.

The Alstom Corp. designed plant would use oxy-combustion technology in which coal dust is ignited using pure oxygen rather than air. Many experts believe that oxy-combustion is the most cost-effective carbon capture option. The process leaves behind water vapor and pure carbon dioxide, which is easier to capture and store. Several plants are piloting parts of the technology around the world, and a large-scale test project is underway in Illinois, funded by $1 billion in stimulus money, according to the Global Carbon Capture and Storage Institute. (Source: University of Utah, Salt Lake Tribune, 2 Nov., 2013) Contact: Global Carbon Capture and Storage Institute, +61 3 8620 7359, www.globalccsinstitute.com; University of Utah, (801) 581-7200, www.utah.edu

Tags Oxy-Combustion news,  Carbon Capture news,   Global Carbon Capture and Storage Institute. news,  


GCSSI ID's CCS Breakthrough Projects (Ind. Report)
Global Carbon Capture and Storage Institute
Date: 2013-10-16
The Australia-headquartered Global Carbon Capture and Storage Institute (GCCSI) has identified two new power station projects using CCS , or geo-sequestration, technology that it considers to be technological and commercial breakthroughs -- one of them is in Canada and one is in the U.S.

The two power stations are deploying different technologies: the USA power station, run by Southern Company, is a pre-combustion facility and the Canadian facility, run by SaskPower, is using a post-combustion system. Both systems have been retrofitted to existing power stations. (Source: GCCSI, ABC Perth, 14 Oct., 2013) Contact: GCCSI, Brad Page, CEO +61 2 6162 1928, www.globalccsinstitute.com

Tags Global Carbon Capture and Storage Institute news,  CCS news,  


EC Launching New CCS Funding Round (Ind. Report)
Global CCS Institute
Date: 2013-03-08
On April 3, the European Commission will launch a new contest to fund CCS projects. The new launch comes on the heels of an earlier round failure to find a winner. In a statement, the Commission said the deadline for member states to submit applications was July 3, 2013, three months after the launch, and it aimed to make awards by the middle of next year. In the previous round, none of the short-listed CCS projects met Commission criteria. (Source: Global CCS Institute, 5 March, 2013) Contact: Global CCS Institute, +61 2 6175,5300, www.globalccsinstitute.com

Tags CCS news,  Global CCS Institute news,  


Cap-and-Trade's the Law in la Belle Provance (Reg & Leg)
Cap-and-Trade
Date: 2013-01-11
On Jan. 1, the Canadian province of Quebec and the State of California became the first North American jurisdictions to enforce compulsory cap-and-trade regulations to reduce greenhouse gas emissions.

The idea was originally pushed by former California governor Arnold Schwarzenegger and former Quebec premier Jean Charest, within the Western Climate Initiative, which includes seven states and four provinces -- Quebec, Ontario, Manitoba and British Columbia. Quebec and California will set allowable emissions limits in the first year, with the permitted amount reduced over time.

Quebec -- "la belle provance" -- aims to reduce its GHG emissions to 25 per cent below 1990 levels by 2020. California aims to return to its 1990 level of GHG emissions by the same year. (Source: Global CCS Institute, Vancouver Sun, 1 Jan., 2013) Contact: Global CCS Institute, +61 2 6175,5300, www.globalccsinstitute.com

Tags Cap-and-Trade news,  Global CCS Institute news,  


EU CCS Project Funding Stalls (Int'l, Funding)
CCS,Global CCS Institute
Date: 2012-10-19
According to yesterday's edition of the European Voice, EU member states are struggling to meet EC deadlines for securing funding for pilot projects to demonstrate CCS technology. Without the pilot projects, CCS is unlikely to contribute significantly to reducing the EU's carbon emissions. At stake is €1.5 billion of EU funding earmarked for CCS but only if member states put up co-financing. Ten of the 20 member states have so far responded.

The UK appears to be particularly behind schedule to meet the Commission's deadlines because a competition to choose the best projects was launched in the UK only in April, 2012, a previous competition having been cancelled last year.

A recently released Global CCS Institute survey suggested that Europe may be stalled in the development of CCS. In the past year, nine CCS projects have been launched worldwide, but only two of these are in the EU -- the Sargas power plant in Malta and the Caledonia Clean Energy Project in the UK. Five are in China, one is in Norway and one is in the US. Out of the 75 projects launched worldwide, only eight are operational. At the current rate, only 67 projects will be operational by 2020. The institute says that for the technology to be able to deliver a significant benefit to emissions reduction, 130 projects are needed by 2020. (Source: European Voice, Oct. 18, 2012) Contact: Global CCS Institute, www.globalccsinstitute.com

Tags CCS news,  Global CCS Institute news,  


Basin Resource Management for Carbon Storage - Australian Report Attached (Int'l, Ind. Report)
Basin Resource Management,Curtin University
Date: 2012-01-23
In Australia, CSIRO and Curtin University are jointly conducting an assessment of the site specific resources that are geographically co-located with proposed carbon storage. The project also aims to understand the structural, stratigraphic and geomechanical aspects at proposed storage sites in the Southern Perth Basin, the Gippsland Basin, and the Surat Basin, to assess the potential impacts of CO2 injection on adjacent resources. This literature review and data gap analysis forms a first step of the study to understanding the present level of knowledge for conducting such an assessment.

The literature reviewed relates both to any direct assessment of potential impacts of CO2 on other natural resources, as well as those that contain valuable information that would be used for making such an assessment. These include reports on hydrogeology and groundwater, hydrocarbon and coal occurrence, geomechanical and structural assessment, and other relevant site specific studies on carbon dioxide storage. (Source: CSIRO)

Access report HERE

Tags CSIRO news,  


CCS Institute Supports Key Aussie CCS Initiatives (Int'l)
Global CCS Institute
Date: 2012-01-16
The Global CCS Institute has announced funding for a package of leading Australian carbon capture and storage demonstration projects and research initiatives, highlighting the role the technology can play in reducing greenhouse gas emissions. The Institute is providing:

  • $1.84 million in support to CSIRO for a body of research quantifying the potential impact of CO2 capture technology on air quality;
  • $240,000 in support to CarbonNet towards a measuring, monitoring and verification study that will ensure emissions are stored and accounted for; and
  • $226,000 in support to Worley Parsons towards a study looking at the impacts of post-combustion capture deployment on an existing sub-critical pulverised fuel power plant. This study will be carried out at the Loy Yang A power station in Victoria. Previously, the Institute has extended support to the Collie-South West Hub and Victoria's CarbonNet as well as CCS demonstration projects in Europe, North America and Asia.

    Knowledge funded by the Institute is captured from different stages of the project life cycle, across technologies and geographic regions. It is then shared with the broader industry via workshops, thematic group discussions and one-on-one meetings. It is also shared through the Institute's digital knowledge platform, via private and public discussions, blogs, case studies, reports and other communications. (Source: Global CCS Institute, January, 2012)

    Further project support information can be found HERE Contact: Global CCS Institute, + 61 2 6175 5300, www.globalccsinstitute.com

    Tags Global CCS Institute news,  Australia CCS news,  


  • Global CCS Investments on Track, Despite Setbacks (Ind. Report)
    Global CCS Institute
    Date: 2011-11-02
    A report by the Australian-based Global CCS Institute on Wednesday says the world is on track to have 20 CCS projects by 2020, despite last month's cancellation of $l.5 billion in funding for a British plant. The report also says that when compared with other low-carbon emission technologies, CCS can be a cost-effective tool to curb GHG pollution from coal and gas-fired power stations .CCS is not yet competitive for the power sector but governments and the International Energy Agency see it as a key way to fight climate change by trapping and burying GHG emissions while maintaining stable energy supply.

    CCS costs are still an issue, and the British government decision last month to withdraw funding for the country's first and most advanced CCS project at Longannet in Scotland has underscored critics' doubts that CCS can reach commercial scale by the end of the decade. Late last month, the government said it had dropped funding for the project that would have trapped emissions in a 330 megawatt unit but that the £1 billion in subsidies would be dedicated to a different CCS project.Other project have been delayed or cancelled in Norway, Dubai and the United States.

    The cost of cutting or avoiding CO2 emissions for a coal-fired power plant fitted with current CCS technology ranges from $23 to $92 per tonne of CO2 and is a little higher for natural gas-fired power plants, the report said. This compared to an avoided cost of $90 to $176 per tonne for offshore wind, $139 to $201 per tonne for solar thermal, and more for solar photovoltaic, or PV. (Source: Contact: Global CCS Institute, Reuters, November, 2, 2011) Contact: Global CCS Institute, + 61 2 6175 5300, www.globalccsinstitute.com

    Tags Global CCS Institute news,  

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