Blow for CCS after UN committee recommends CDM delay
The prospects for carbon capture and storage have been dealt a blow, after a UN committee recommended that the decision to include the projects in the Clean Development Mechanism (created by the Kyoto Protocol) be delayed.
The Â鶹´«Ã½Ó³»˜draft conclusionsÂ鶹´«Ã½Ó³»™ text released by the UNFCCCÂ鶹´«Ã½Ó³»™s subsidiary body for Scientific and Technological Advice highlighted a number of unsolved issues about the process, and questioned the long-term viability of storage sites.
It says Â鶹´«Ã½Ó³»˜long-term liability for the storage site, including liability for any seepage during and beyond the crediting period of the project, must be clearly assigned and the project boundary must be clearly definedÂ鶹´«Ã½Ó³»™.
Read the article online at: /business-news/08012010/blow_for_ccs_after_un_committee_recommends_cdm_delay/
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