Global Energy Ministers Agree to Speed Up CO2-Capture Projects
Global energy ministers agreed to accelerate the development of projects that capture carbon- dioxide emissions for permanent storage.
Leaders at the Clean Energy Ministerial pledged to speed up carbon capture projects in a meeting in Abu Dhabi, the U.K. government said today in an e-mailed statement. The initiative was proposed by the Carbon Capture, Use and Storage Action Group, headed by the U.K. and Australia.
“There can be no solution to climate change and energy security globally without carbon capture and storage,” Energy and Climate Change Secretary Chris Huhne said in the statement. “Deployment of the technology is tantalizingly close, but it won’t happen at commercial scale without concerted efforts by governments around the world to address legal, financial and technical barriers.”
To contact the reporter on this story: Catherine Airlie at cairlie@bloomberg.net
To contact the editor responsible for this story: Stephen Voss on sev@bloomberg.net
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