The report “Carbon Capture and Storage — The Vital Role of CCS in an Effective COP21 Agreement” provides an overview of the road so far and calls for key policy initiatives to support the greater global deployment of CCS technology.
The WCA believes CCS should receive the same policy support that has benefitted renewable technologies in recent decades. This is vital to facilitate the lowest cost pathway to decarbonization. Governments must articulate how they plan to drive CCS deployment beyond the demonstration phase toward commercialization. Just as solutions to reducing emissions will require global action, WCA said CCS deployment requires international incentives.