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Directions to 2050 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],David Hone Group Climate Change Adviser Shell Future Fuels and CO 2
General Guidelines for CCS Support ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
General Guidelines for CCS Support EU-ETS recognises CCS Demonstration programme announced in 2007 Funding available through to 2015 300 million EUA  (~ €6-9 billion) 10-12 projects only EU CCS Directive Now in place in the EU ( on the way in the USA & Australia ) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Replicating the model internationally ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Example:  A “ sector based  ” agreement that accelerates CCS deployment Funding flow CCS Certs. 2009 2010-2015   2020  2025+ Objective:  Establish CCS in three major developing countries through a 25 project programme Emissions trading adopted in key developing country power sectors Initial CCS roll-out in developing countries First large scale CCS demo projects (e.g. China) Initial CCS infrastructure funded directly Clean technology funding framework emerges globally CCS Project Mechanism & certification processes finalised $ £  ¥ € ,[object Object],[object Object]
Evolution of the CDM and CCS Certification ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Cost of abatement € /tCO 2 e Abatement GtCO 2 e per year in 2030 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
CO 2  Storage Certificate ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
http://blogs.shell.com/climatechange

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Bergen CCS Conference Presentation