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2.3 International CCS Policy
Main objectives
This WP aims to examine, evaluate and recommend international CCS policy options. The work has a focus on the role of emerging economies in CCS, on the post-2012 climate negotiations and the Clean Development Mechanism (CDM).
Role of CCS in the post-2012 international climate regime
CCS plays an increasingly important role in international climate negotiations (UNFCCC) and in the run-up to COP15 in Copenhagen in December 2009. Important players in the climate negotiations have declared an interest in CCS. It seems likely that CCS plays a role in the technology, finance and mitigation tracks under the Bali Action Plan. This work package will make a background paper on CCS in the climate negotiations.
Potential in the CDM
One of the remaining questions on the controversial issue of CCS in the CDM is the impact it will have on the carbon market. This concerns mostly the potential for CCS in developing countries, and the abatement costs of the various options of CCS. With the aid of a detailed, technology- and country-specific marginal abatement cost curve, the market impact in the most important CCS-CDM host countries will be calculated. In addition, other barriers to CCS in the CDM will be explored.
How to approach CCS in emerging economies
Emerging economies that grow fast and have an energy baseline with a high fossil fuel contribution are essential for the success of any future climate mitigation policy. Their positions on CCS vary greatly. This part of the work will include an analysis of the country-specific CCS-susceptibility and a possible CCS strategy of emerging economies such as China and South Africa. The role that industrialised countries can play in facilitating this strategy is also outlined, and recommendations will be made. The project will seek cooperation with local institutes in the target countries to explore the best approach, in cooperation with the work package 0B.4 international cooperation.
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