Check out the first in a series of reports on the future of #CCS: with @Schlumberger @IEA @Global
“Leading the Energy Transition: Bringing Carbon Capture and Storage to Market” is the first in a series of reports to be undertaken by the SBC Energy Institute on the energy transition in collaboration with Bloomberg New Energy Finance. It highlights the status of current technologies, identifies needs in research and development, analyses the situation of demonstration and deployment projects, and gives perspectives on the future of both concerned technologies and CCS projects. EXECUTIVE SUMMARY CO2 emissions reached a record high in 2010, despite international goals to limit global warming to 2°C (1). Based on the range of projections of the Intergovernmental Panel on Climate Change (IPCC), the International Energy Agency (IEA) recently warned that average global temperatures are on track to rise by more than 3.5°C by 2100. The margin for maneuver to mitigate global warm...