CCS in the UNFCCC - Barry Jones - 2 Dec 2011

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"CCS in the UNFCCC," a presentation delivered by Barry Jones, General Manager for Policy and Membership at the Global CCS Institute, at a COP 17 side event on December 2. The presentation covers the background of CCS within the UNFCCC and looks at possible ways forward as the Kyoto Protocol comes to an end in parallel to the discussion of including CCS under the Clean Development Mechanism.

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CCS in the UNFCCC - Barry Jones - 2 Dec 2011

  1. 1. GLOBAL CCS INSTITUTECARBON CAPTURE AND STORAGE(CCS) IN THE UNFCCCBarry Jones, General Manager – Policy and Membership GroupCOP 17/CMP 7 (DURBAN), 2 December 2011WWW.GLOBALCCSINSTITUTE.COM
  2. 2. GLOBAL CCS INSTITUTEPORTFOLIO FOR MITIGATION  Dramatic cuts in emissions are required to cap global average temperature below 2ºC on pre-industrial levels Source: IEA World Energy Outlook 2011 Figure 6.9, p221 Generation abatement by technology in the 450 Scenario  CCS can deliver about a fifth of the required emission cuts by 2035 in the portfolio of options available. 1
  3. 3. GLOBAL CCS INSTITUTEWHERE WILL THE CUTS COME FROM?  Cuts required in all key sectors, but power generation has the biggest contribution to make Source: IEA World Energy Outlook 2011 Figure 6.8 p 220 Energy related CO2 abatement by sector in the 450 Scenario 2
  4. 4. GLOBAL CCS INSTITUTECCS AND CLIMATE POLICY  International settings are very important – drive national policy setting  Adoption of international (transboundary) regulations slower than national regulatory developments  Relative costs of CCS are competitive (LCOE and avoided CO2-e)  Carbon pricing arrangements are integral to mitigation scenarios 3
  5. 5. GLOBAL CCS INSTITUTECOP 16 /CMP 6 CANCUN, MEXICO  One hurdle crossed – CCS is eligible as a CDM project activity (pending the resolution of a limited number of issues)  But more hurdles defined – establishment of new specific rules for CCS projects under the CDM or new ‘modalities and procedures for CCS’  Work throughout 2011 to resolve a range of issues including: – submission process and synthesis report – workshop in Abu Dhabi (September 2011) – drafting of modalities and procedures 4
  6. 6. GLOBAL CCS INSTITUTEISSUES ADDRESSED IN DRAFT CCSMODALITIES AND PROCEDURES  site selection  monitoring  the use of modelling  project boundaries  trans-boundary issues  risk and safety assessments  environmental and socio-economic impact assessments  permanence and liability (short, medium and long-term),  restoration/remediation of ecosystems in the event of seepage and means of redress for affected communities 5
  7. 7. GLOBAL CCS INSTITUTETHE INSTITUTES HOPE FOR COP 17 / CMP 7  Agreement to the legal form of a post-2012 climate change regime (including emission reduction commitments)  Agreement on the future of the Kyoto Protocol  The establishment of new institutions to support technology transfer, funding and adaptation (in particular the Technology Mechanism)  Real progress on provision of funding  Advances on monitoring, reporting and verification 6
  8. 8. GLOBAL CCS INSTITUTEHOPES FOR COP 17/CMP 7 cont.  Adoption of the proposed CCS specific modalities and procedures for the CDM by SBSTA and referral to CMP for agreement Three key effects: Remove uncertainty Enhance ability of Help establish the around capacity of governments to put in domestic regulatory the UNFCCC to place appropriate frameworks needed support CCS in measurement, to assure developing countries monitoring and communities that through CDM, the verification regimes CCS can deliver safe, Green Climate Fund long-term isolation of and via NAMAs fossil-fuel emissions 7
  9. 9. GLOBAL CCS INSTITUTENEW RESOURCE  Outlines considerations for implementing CCS projects under the CDM and potentially other forms of climate finance in the future including:  guidance on identifying CCS project types  how the CCS project lifecycle fits with CDM project development milestones  methodological guidance for developing CCS projects under the CDM within this framework www.globalccsinstitute.com 8
  10. 10. GLOBAL CCS INSTITUTEOPPORTUNITY AT COP 17 / CMP 7 To demonstrate that CCS is now on the cusp of being allowed to realise its global mitigation potential 9
  11. 11. GLOBAL CCS INSTITUTE www.globalccsinstitute.com

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