The Kyoto Protocol (KP) still sits in troubled waters, as three of its signatory countries threaten to jump ship on its continuation beyond 2012

(Photo: The Adopt a Negotiator Project) The Kyoto Protocol (KP) still sits in troubled waters, as three of its signatory countries threaten to jump ship on its continuation beyond 2012.

Governments just finished another round of negotiations in Bonn, Germany under the United Nations Framework Convention on Climate Change. If the international climate talks are a ship, the last two weeks’ voyage saw equal parts clear sailing, stormy seas, and listless drifting, as nations advanced toward agreements on addressing ocean carbon storage and clean technology transfer, fought over the future of the Kyoto Protocol, and wasted nearly three days just trying to agree on the agenda for parts of the meeting.

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CCS Cost Development

CCS Cost Development

As of mid-April, nine pilot carbon capture and sequestration (CCS) power plant projects were in operation in China, Europe, and the United States. These projects are delivering important insights regarding the prospects for large-scale commercial application of carbon capture in coal and natural gas power plants. No large-scale CCS power plant is in operation yet, but the industry is working hard to push forward with 45 projects in various stages of development.

Although it remains unclear when the first commercial CCS power plant project will start operation, new findings reveal greater certainty about another aspect of CCS development: cost. Several studies in the last few years suggest that CCS in coal and natural gas power plants is far more expensive than was anticipated even just six years ago.

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