Summary of S. 1502: The Carbon Storage Stewardship Trust Fund Act of 2009
S. 1502 would establish a program managed by the Department of Energy to create a trust fund to ensure prompt compensation for any damages from the geologic storage of carbon dioxide. Importantly, the bill also identifies the transfer of responsibility for stewardship of a geologic site to the Federal or State government following the receipt of a site closure certificate. Site closure certification and legislative clarity in the responsibility for post-closure stewardship activities were among the recommendations proposed in Guidelines for Carbon Dioxide Capture, Transport, and Storage.
Showing posts with label Carbon Capture and Storage. Show all posts
Showing posts with label Carbon Capture and Storage. Show all posts
Wednesday, August 5, 2009
Wednesday, July 29, 2009
A First-Hand View of China’s Carbon Capture and Storage Actions
A first-hand tour of CCS sites in China suggests possibilities for cooperation with the United States—to their mutual benefit.Carbon capture and storage (CCS) technology involves capturing carbon dioxide emissions from fossil fuel use (coal, oil, and natural gas) and some industrial processes, (such as cement production) and storing it permanently underground. As the world’s two largest CO2-emitting countries, the United States and China are in a unique position to act together to advance CCS deployment worldwide. Both Peng China (PDF) and the U.S. already have significant CCS R&D programs, but there is growing consensus that China and the U.S. together could develop CCS more quickly than if they acted alone. The announcement last week by Energy Secretary Chu of a U.S.-China Joint Clean Energy Research Center—with CCS as one of the research tracks—is a good step forward.
A first-hand tour of CCS sites in China suggests possibilities for cooperation with the United States—to their mutual benefit.Carbon capture and storage (CCS) technology involves capturing carbon dioxide emissions from fossil fuel use (coal, oil, and natural gas) and some industrial processes, (such as cement production) and storing it permanently underground. As the world’s two largest CO2-emitting countries, the United States and China are in a unique position to act together to advance CCS deployment worldwide. Both Peng China (PDF) and the U.S. already have significant CCS R&D programs, but there is growing consensus that China and the U.S. together could develop CCS more quickly than if they acted alone. The announcement last week by Energy Secretary Chu of a U.S.-China Joint Clean Energy Research Center—with CCS as one of the research tracks—is a good step forward.
Thursday, July 23, 2009
Vote on climate change legislation, nuclear energy, carbon capture and storage - transcript 22 July 2009
PORTFOLIO: Environment, Water, Heritage and the Arts http://www.environment.gov.au/minister/wong/2009/tr20090722a.html
In 22 days the Parliament will vote on the Governments climate change legislation. What I will say is that we will present this legislation again to the Senate in August and in 22 days Mr Turnbull has to decide if he is going to take a position on climate change, if he is going to take action on climate change or whether he will continue to lead a party divided.
Climate Trust Board, Carbon Pollution Reduction Scheme, Coalition division - transcript 22 July 2009
PORTFOLIO: Environment, Water, Heritage and the Arts
http://www.environment.gov.au/minister/wong/2009/tr20090722.html
SNIPPET: You are here: » 2009. Yesterday you appointed the former Howard Government Minister Robert Hill as the Chair of the Climate Trust Board. We have spent a lot of time, a lot of energy, and done a lot of work on getting this scheme right - getting this Carbon Pollution Reduction Scheme right.
PORTFOLIO: Environment, Water, Heritage and the Arts http://www.environment.gov.au/minister/wong/2009/tr20090722a.html
In 22 days the Parliament will vote on the Governments climate change legislation. What I will say is that we will present this legislation again to the Senate in August and in 22 days Mr Turnbull has to decide if he is going to take a position on climate change, if he is going to take action on climate change or whether he will continue to lead a party divided.
Climate Trust Board, Carbon Pollution Reduction Scheme, Coalition division - transcript 22 July 2009
PORTFOLIO: Environment, Water, Heritage and the Arts
http://www.environment.gov.au/minister/wong/2009/tr20090722.html
SNIPPET: You are here: » 2009. Yesterday you appointed the former Howard Government Minister Robert Hill as the Chair of the Climate Trust Board. We have spent a lot of time, a lot of energy, and done a lot of work on getting this scheme right - getting this Carbon Pollution Reduction Scheme right.
Wednesday, July 8, 2009
TRUenergy in coal-to-liquids venture; Meeting to consider new packaging covenant; and more
* TRUenergy in coal-to-liquids venture * Meeting set to consider reworked packaging covenant * Renewables scheme should include a solar-only band, Senate inquiry told » read the full story »
Global report proposes key CCS role for Australian-backed institutions
A report launched by former UK Prime Minister Tony Blair ahead of this week’s crucial major economies forum and G8 meetings floats the prospect of key roles for two institutions founded by Australia – the Global Carbon Capture and Storage Institute and the Asia-Pacific Partnership on Clean Development and Climate. » read the full story »
Vic energy companies sign an MOU on coal-to-oil plant
* TRUenergy in coal-to-liquids venture * Meeting set to consider reworked packaging covenant * Renewables scheme should include a solar-only band, Senate inquiry told » read the full story »
Global report proposes key CCS role for Australian-backed institutions
A report launched by former UK Prime Minister Tony Blair ahead of this week’s crucial major economies forum and G8 meetings floats the prospect of key roles for two institutions founded by Australia – the Global Carbon Capture and Storage Institute and the Asia-Pacific Partnership on Clean Development and Climate. » read the full story »
Vic energy companies sign an MOU on coal-to-oil plant
Friday, June 19, 2009
Updated: Carbon Capture and Storage and The American Clean Energy and Security Act
The American Clean Energy and Security Act of 2009 (ACESA) provides a number of important provisions that will facilitate the demonstration and deployment of carbon dioxide capture and storage (CCS) technologies. Below is a brief overview of the most important of these provisions.
The American Clean Energy and Security Act of 2009 (ACESA) provides a number of important provisions that will facilitate the demonstration and deployment of carbon dioxide capture and storage (CCS) technologies. Below is a brief overview of the most important of these provisions.
Tuesday, June 9, 2009
Governments Investing in CCS Demonstrations
Recent global action to fund carbon capture and storage (CCS) technology is unprecedented. New project funding announced last month in the European Union, Canada, Australia and the United States is building momentum for accelerating the use of CCS to reduce greenhouse gas emissions. The G8’s goal of 20 demonstrations announced by 2010–a goal that once seemed insurmountable–could be within reach.In Australia, the federal government allocated USD$2 billion to build between two and four coal-fired power plants, each generating up to 1,000 MW, that have CCS capabilities. This funding action came shortly after Prime Minister Kevin Rudd announced the formation of the $70 million, investor-backed Global Carbon Capture and Storage Institute. (Note: All funding references in this article are in USD$.) Canada, another coal-dependent country, announced a clean energy fund that offers nearly $600 million for CCS demonstration projects as part of its economic stimulus package.
Recent global action to fund carbon capture and storage (CCS) technology is unprecedented. New project funding announced last month in the European Union, Canada, Australia and the United States is building momentum for accelerating the use of CCS to reduce greenhouse gas emissions. The G8’s goal of 20 demonstrations announced by 2010–a goal that once seemed insurmountable–could be within reach.In Australia, the federal government allocated USD$2 billion to build between two and four coal-fired power plants, each generating up to 1,000 MW, that have CCS capabilities. This funding action came shortly after Prime Minister Kevin Rudd announced the formation of the $70 million, investor-backed Global Carbon Capture and Storage Institute. (Note: All funding references in this article are in USD$.) Canada, another coal-dependent country, announced a clean energy fund that offers nearly $600 million for CCS demonstration projects as part of its economic stimulus package.
Monday, April 27, 2009
Australian Government Media Releases
Carbon capture power plant 'won't happen overnight'
'Victorian Energy Minister Peter Batchelor is predicting a coal-fired power station with carbon capture technology could be operating in Victoria within five years.
Green Car Innovation Fund revs up
Minister for Innovation, Industry, Science and Research - Media Statement - 24-04-2009
Strong IP growth for green innovations
Minister for Innovation, Industry, Science and Research - Media Statement - 24-04-2009
A 250 per cent jump in green trade marks in the energy sector over the past five years - compared to the previous five years - is one indicator showing strong growth in intellectual property (IP) applications for green technologies in Australia.
'Victorian Energy Minister Peter Batchelor is predicting a coal-fired power station with carbon capture technology could be operating in Victoria within five years.
Green Car Innovation Fund revs up
Minister for Innovation, Industry, Science and Research - Media Statement - 24-04-2009
Strong IP growth for green innovations
Minister for Innovation, Industry, Science and Research - Media Statement - 24-04-2009
A 250 per cent jump in green trade marks in the energy sector over the past five years - compared to the previous five years - is one indicator showing strong growth in intellectual property (IP) applications for green technologies in Australia.
Friday, April 24, 2009
Australian Government Media Releases
$25.7m for Skills for the Carbon Challenge
Deputy Prime Minister, Minister for Education, Minister for Employment and Workplace Relations, Minister for Social Inclusion - Media Statement - 23-04-2009
TITLE: Australia leads with global carbon capture and storage
PORTFOLIO: Foreign Affairs and TradeURL: http://www.austrade.gov.au/invest/investor-updates/investor-update-090421-australia-leads-with-global-carbon-capture-and-storage/default.aspx
SNIPPET: The Australian Prime Minister Kevin Rudd has just launched the (GCCSI) in Canberra. The GCCSI is an important part of the Australian Government's response to the environmental and economic challenges of climate change and will make a significant contribution in reducing the level of carbon pollution in Australia by advancing technology that will capture and store emissions. The Government announced the Institute in September 2008 with annual funding of up to $100 million to accelerate the deployment of commercial scale carbon capture and storage projects globally.
Deputy Prime Minister, Minister for Education, Minister for Employment and Workplace Relations, Minister for Social Inclusion - Media Statement - 23-04-2009
TITLE: Australia leads with global carbon capture and storage
PORTFOLIO: Foreign Affairs and TradeURL: http://www.austrade.gov.au/invest/investor-updates/investor-update-090421-australia-leads-with-global-carbon-capture-and-storage/default.aspx
SNIPPET: The Australian Prime Minister Kevin Rudd has just launched the (GCCSI) in Canberra. The GCCSI is an important part of the Australian Government's response to the environmental and economic challenges of climate change and will make a significant contribution in reducing the level of carbon pollution in Australia by advancing technology that will capture and store emissions. The Government announced the Institute in September 2008 with annual funding of up to $100 million to accelerate the deployment of commercial scale carbon capture and storage projects globally.
Friday, April 17, 2009
Australian Government Media Releases
Global Carbon Capture and Storage Institute
Kevin Rudd - Prime Minister Martin Ferguson - Minister for Resources and Energy, Minister for Tourism - Media Statement - 16-04-2009
TITLE: Carbon Pollution Reduction Scheme - transcript 15 April 2009
PORTFOLIO: Environment, Water, Heritage and the Arts
URL: http://www.environment.gov.au/minister/wong/2009/tr20090415.html
SNIPPET: Transcripts. That's why we're going to be putting the Carbon Pollution Reduction Scheme into the Senate - when Senators will have the opportunity to vote for reducing Australia's emissions, turning around the growth in Australia's emissions for the first time. Per capita is one measure, there are a range of others, obviously Australia does have a very high level of per capita emissions, that's one of the reasons that to turn around the growth in Australia's emissions is a very substantial challenge and why we need the Carbon Pollution Reduction Scheme.
TITLE: China and Australia: shared interests in finding a solution to climate change - speech 15 April 2009
PORTFOLIO: Environment, Water, Heritage and the Arts
URL: http://www.environment.gov.au/minister/wong/2009/sp20090415.html
SNIPPET: Major speeches. The Chinese Government's October 2008 white paper on climate change, China's Policies and Actions for Addressing Climate Change , describes some of the environmental and economic effects of climate change in China. The only solution to climate change is a global one.
TITLE: Prime Minister of Australia - Launch of Global Carbon Capture and Storage Institute
PORTFOLIO: Prime Minister and Cabinet
URL: http://www.pm.gov.au/media/release/2009/media_release_0913.cfm
SNIPPET: Prime Minister Kevin Rudd formally launched the Global Carbon Capture and Storage Institute at the inaugural meeting of Institute foundation members in Canberra today. The Government of Australia. The Government of Japan.
Kevin Rudd - Prime Minister Martin Ferguson - Minister for Resources and Energy, Minister for Tourism - Media Statement - 16-04-2009
TITLE: Carbon Pollution Reduction Scheme - transcript 15 April 2009
PORTFOLIO: Environment, Water, Heritage and the Arts
URL: http://www.environment.gov.au/minister/wong/2009/tr20090415.html
SNIPPET: Transcripts. That's why we're going to be putting the Carbon Pollution Reduction Scheme into the Senate - when Senators will have the opportunity to vote for reducing Australia's emissions, turning around the growth in Australia's emissions for the first time. Per capita is one measure, there are a range of others, obviously Australia does have a very high level of per capita emissions, that's one of the reasons that to turn around the growth in Australia's emissions is a very substantial challenge and why we need the Carbon Pollution Reduction Scheme.
TITLE: China and Australia: shared interests in finding a solution to climate change - speech 15 April 2009
PORTFOLIO: Environment, Water, Heritage and the Arts
URL: http://www.environment.gov.au/minister/wong/2009/sp20090415.html
SNIPPET: Major speeches. The Chinese Government's October 2008 white paper on climate change, China's Policies and Actions for Addressing Climate Change , describes some of the environmental and economic effects of climate change in China. The only solution to climate change is a global one.
TITLE: Prime Minister of Australia - Launch of Global Carbon Capture and Storage Institute
PORTFOLIO: Prime Minister and Cabinet
URL: http://www.pm.gov.au/media/release/2009/media_release_0913.cfm
SNIPPET: Prime Minister Kevin Rudd formally launched the Global Carbon Capture and Storage Institute at the inaugural meeting of Institute foundation members in Canberra today. The Government of Australia. The Government of Japan.
Tuesday, March 31, 2009
Australian Government Announcements
TITLE: Media release from Resources, Energy and Tourism PortfolioPORTFOLIO: Resources, Energy and TourismURL: http://minister.ret.gov.au/thehonmartinfergusonmp/pages/greenhousegasacreagereleaseaworldfirst.aspx
SNIPPET: The Hon Martin Ferguson AM MP. Minister Ferguson: The first ever release of exploration areas for greenhouse gas storage sites forms an important part of the Government's commitment to reducing Australia's carbon emissions while maintaining economic growth. The release of 10 offshore areas for assessment of their commercially viable greenhouse gas storage formations provides industry with the opportunity to plan for CCS businesses in Australia as industrial CO2 streams become available for storage through the deployment of capture technologies over time.
TITLE: Climate change, global financial crisis, international negotiations on climate change, carbon pollution reduction scheme - transcript 27 March 2009PORTFOLIO: Environment, Water, Heritage and the ArtsURL: http://www.environment.gov.au/minister/wong/2009/tr20090327.html
SNIPPET: You are here: » Transcripts. The President has appointed very key people to key climate change positions early on in his administration and there is a lot of work being done to consider the way forward in terms of what legislation Congress might consider when it comes to reducing carbon emissions and a lot of work being done also to consider the US position in the lead-up and at Copenhagen at the end of this year. How much of a stretch is it for the Obama Administration - to be balancing so much all at once? And do you feel that climate change is still getting the attention that you want it to have given that American jobs are so much centred on quite carbon polluting industries - considering, for example, the motor vehicle industry
Greenhouse gas acreage a world first
Minister for Resources and Energy, Minister for Tourism - Media Statement - 27-03-2009
Senate Economics Committee InquiryCarbon Pollution Reduction Scheme Bill 2009 and associated legislation. http://www.minerals.org.au/__data/assets/pdf_file/0018/33624/CC_ECON_CTEE_PostWhitePaper_Briefing.pdf
SNIPPET: The Hon Martin Ferguson AM MP. Minister Ferguson: The first ever release of exploration areas for greenhouse gas storage sites forms an important part of the Government's commitment to reducing Australia's carbon emissions while maintaining economic growth. The release of 10 offshore areas for assessment of their commercially viable greenhouse gas storage formations provides industry with the opportunity to plan for CCS businesses in Australia as industrial CO2 streams become available for storage through the deployment of capture technologies over time.
TITLE: Climate change, global financial crisis, international negotiations on climate change, carbon pollution reduction scheme - transcript 27 March 2009PORTFOLIO: Environment, Water, Heritage and the ArtsURL: http://www.environment.gov.au/minister/wong/2009/tr20090327.html
SNIPPET: You are here: » Transcripts. The President has appointed very key people to key climate change positions early on in his administration and there is a lot of work being done to consider the way forward in terms of what legislation Congress might consider when it comes to reducing carbon emissions and a lot of work being done also to consider the US position in the lead-up and at Copenhagen at the end of this year. How much of a stretch is it for the Obama Administration - to be balancing so much all at once? And do you feel that climate change is still getting the attention that you want it to have given that American jobs are so much centred on quite carbon polluting industries - considering, for example, the motor vehicle industry
Greenhouse gas acreage a world first
Minister for Resources and Energy, Minister for Tourism - Media Statement - 27-03-2009
Senate Economics Committee InquiryCarbon Pollution Reduction Scheme Bill 2009 and associated legislation. http://www.minerals.org.au/__data/assets/pdf_file/0018/33624/CC_ECON_CTEE_PostWhitePaper_Briefing.pdf
Wednesday, February 4, 2009
Cap or Tax? Key Questions and Answers
Debate is raging about the relative merits of a carbon tax or a cap and trade system as the centerpiece of federal legislation to reduce emissions that fuel global warming. Here is why cap and trade must be the U.S. policy instrument of choice.
Monday, January 19, 2009
Climate Change Technology Report
The Minister for Resources and Energy, Martin Ferguson AM MP, today launched the Australian Academy of Technological Sciences and Engineering (ATSE) report Energy Technology for Climate Change: Accelerating the Technology Response.
The aim of the report is to identify technologies that can most efficiently and effectively reduce Australia's carbon emissions for stationary power generation in both technical and financial terms.
Minister Ferguson noted the Australian Government is already implementing almost all of the Academy's recommendations such as supporting programs like the Renewable Energy Fund, carbon capture and storage, and the development and deployment of new energy technologies.
The aim of the report is to identify technologies that can most efficiently and effectively reduce Australia's carbon emissions for stationary power generation in both technical and financial terms.
Minister Ferguson noted the Australian Government is already implementing almost all of the Academy's recommendations such as supporting programs like the Renewable Energy Fund, carbon capture and storage, and the development and deployment of new energy technologies.
Wednesday, November 12, 2008
Carbon Capture & Storage Bill
The passage of the Offshore Petroleum Amendment Bill through the Senate last night establishes the world’s first regulatory framework for CO2 capture and geological storage (CCS).
The legislation establishes access and property rights in Australia’s offshore waters for geological storage of CO2 and forms a key component of the Government's response to climate change.
The legislation establishes access and property rights in Australia’s offshore waters for geological storage of CO2 and forms a key component of the Government's response to climate change.
Wednesday, October 22, 2008
"Clean coal" tech is still on the drawing board - experts
22/10/2008 - Not enough progress is being made towards developing "clean coal" technology, the International Energy Agency has warned.
Carbon Capture and Storage (CCS) - burying the pollution from coal-fired power stations underground - is held to be central to the future of Australia's massive coal industry.
But the IEA says the world is moving too slowly towards CCS.
Carbon Capture and Storage (CCS) - burying the pollution from coal-fired power stations underground - is held to be central to the future of Australia's massive coal industry.
But the IEA says the world is moving too slowly towards CCS.
Thursday, September 25, 2008
Prime Minister Rudd defending "clean coal" technology
23/09/2008 - Prime Minister Kevin Rudd has defended clean coal technology ahead of a speech to the United Nations, at which he plans to talk about the importance of coal.
Australia's new $100 million carbon capture and storage (CCS) research institute would be good for the world, he told parliament
Australia's new $100 million carbon capture and storage (CCS) research institute would be good for the world, he told parliament
Monday, September 22, 2008
Australia will fund the launch of carbon capture institute
22/09/2008 - The new institute would start out in Australia with the objective of helping meet the G8 commitment to have at least 20 industrial scale carbon capture and storage projects in operation by 2020.
Monday, August 25, 2008
Lib Dems outline plan for energy independence by 2050
By James Murray on News
James Murray, BusinessGreen, Thursday 21 August 2008 at 16:10:00
Call for an investment programme on a scale of the Apollo projects as party pledges to increase pressure on government to toughen up Climate Bill
The Liberal Democrats today set out ambitious plans to slash UK carbon emissions and attain energy independence by 2050 through a massive scaling up of renewable and carbon capture technologies....
James Murray, BusinessGreen, Thursday 21 August 2008 at 16:10:00
Call for an investment programme on a scale of the Apollo projects as party pledges to increase pressure on government to toughen up Climate Bill
The Liberal Democrats today set out ambitious plans to slash UK carbon emissions and attain energy independence by 2050 through a massive scaling up of renewable and carbon capture technologies....
Mystery energy firm to invest in Norwegian carbon capture project
By James Murray on News
James Murray, BusinessGreen, Thursday 21 August 2008 at 17:05:00
Company poised to join research project designed to optimise carbon capture processes
A major European energy company is set to invest approximately $34m in a Norwegian research project designed to identify the optimum technologies and processes for extracting carbon emissions from the...
James Murray, BusinessGreen, Thursday 21 August 2008 at 17:05:00
Company poised to join research project designed to optimise carbon capture processes
A major European energy company is set to invest approximately $34m in a Norwegian research project designed to identify the optimum technologies and processes for extracting carbon emissions from the...
Tuesday, August 12, 2008
The Kingsnorth Power Plant
Cheat sheet: The Kingsnorth Power Plant
By David Neal on Analysis
David Neal, BusinessGreen, Monday 11 August 2008 at 15:41:00
BusinessGreen.com takes its microscope to the escalating row over the UK's coal policy
What's this Kingsnorth then? Is it the service station we stopped at on the way back from Glasto? No, but you aren't that far off....
By David Neal on Analysis
David Neal, BusinessGreen, Monday 11 August 2008 at 15:41:00
BusinessGreen.com takes its microscope to the escalating row over the UK's coal policy
What's this Kingsnorth then? Is it the service station we stopped at on the way back from Glasto? No, but you aren't that far off....
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