What About Carbon Sequestration?

The Future of Carbon Sequestration is a new report issued by Dublin’s Research and Markets, an international market research and market data firm, offering an overview of the opportunities for carbon sequestration to reduce GHG emissions.

Based on information from a variety of sources such as the Energy Information Administration, the Department of Energy, and the UN Intergovernmental Panel on Climate Change, the report covers the following topics:

- Overview of the climate change debate
- Explanation of the global carbon cycle
- Discussion of the concept of carbon sequestration
- Review of current efforts to implement carbon sequestration
- Analysis and comparison of carbon sequestration component technologies
- Review of the economic drivers of carbon sequestration project success
- Discussion of the key government and industry initiatives supporting carbon sequestration

According to Research and Markets, “The UN's Intergovernmental Panel on Climate Change (IPCC) forecasts that up to 40% of the world's fossil fuel emissions could be captured and sequestered by 2050. The IPCC says that if carbon sequestration were exploited via hundreds of thousands of storage sites around the world, it could make up to 55% of projected cuts in greenhouse gas emissions needed to offset climate change by 2100. However, the price of CO2 needs to be $25 to $30 a ton to make carbon capture technologies commercially viable.

“This forecast has many organizations taking a significant interest in carbon sequestration. Much of this interest is based on a simple premise - the world will continue to depend on fossil fuels for the foreseeable future. This means capturing and sequestering carbon is seen as one of the most viable approaches to tackling global warming.”

See the Source:
Research and Markets: The Future of Carbon Sequestration