Comments on: Poznan Day 9: CCS in CDM Stalled http://www.climaticoanalysis.org/post/poznan-day-9-ccs-in-cdm-stalled/ Independent analysis of climate policy Fri, 27 Jan 2012 14:01:24 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dan http://www.climaticoanalysis.org/post/poznan-day-9-ccs-in-cdm-stalled/#comment-68 Dan Wed, 10 Dec 2008 14:30:28 +0000 http://www.climaticoanalysis.org/?p=978#comment-68 Spot on Niel. Plus I'm not sure the CDM as currently envisaged has the capacity to support sufficient volumes for CCS, even if we could fit into the existing CDM project framework. Annex I/II countries buy CERs in partial compliance with their reduction targets. The emissions from coal in the developing world now and over the next few decades are astronomical. Way more CERs than Annex I/II countries would be able to buy, surely? We need a framework that disconnects the volume of emission reductions from the buyer's reduction targets. So if we can afford CCS (and I am very sceptical that it is an efficient way to reduce emissions), it's implementation is not limited by demand for CERs. Spot on Niel. Plus I’m not sure the CDM as currently envisaged has the capacity to support sufficient volumes for CCS, even if we could fit into the existing CDM project framework.

Annex I/II countries buy CERs in partial compliance with their reduction targets. The emissions from coal in the developing world now and over the next few decades are astronomical. Way more CERs than Annex I/II countries would be able to buy, surely?

We need a framework that disconnects the volume of emission reductions from the buyer’s reduction targets. So if we can afford CCS (and I am very sceptical that it is an efficient way to reduce emissions), it’s implementation is not limited by demand for CERs.

]]> By: Niel Bowerman http://www.climaticoanalysis.org/post/poznan-day-9-ccs-in-cdm-stalled/#comment-62 Niel Bowerman Wed, 10 Dec 2008 12:06:18 +0000 http://www.climaticoanalysis.org/?p=978#comment-62 I would imagine that even if CCS were incorporated into the CDM framework, it would not become mainstream until post-2020 because the technology is still at such a primitive stage. Don't current estimates say that CCS won't come into its own until around 2030? So while including CCS in CDM would probably increase investment slight, I would think that it wouldn't help much. I would imagine that even if CCS were incorporated into the CDM framework, it would not become mainstream until post-2020 because the technology is still at such a primitive stage. Don’t current estimates say that CCS won’t come into its own until around 2030?
So while including CCS in CDM would probably increase investment slight, I would think that it wouldn’t help much.

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