IEA: Carbon capture and storage (CCS) report shows further progress needed

At the 2011 Clean Energy Ministerial (CEM) meeting in Abu Dhabi, the CEM Carbon Capture, Use and Storage Action Group (CCUS AG) presented seven recommendations on concrete, near-term actions to accelerate global carbon capture and storage deployment. This week, at the 2012 CEM meeting in London, the IEA and Global CCS Institute presented a report tracking progress made against the 2011 recommendations and focusing on key questions such as how Energy Ministers can continue to drive progress to enable CCS to fully contribute to climate change mitigation. It concludes that, despite developments in some areas, significant further work is required. CCS financing and industrial applications continue to represent a particularly serious challenge.

Link to full report…