Geologic storage potential and regulatory amenability for carbon capture and storage in developing countries
2014
Bioletti, Robert James | Angle, Randolph | Dodd, Matt | Ling, Chris
Under the United Nations Framework Convention on Climate Change, developed countries can meet greenhouse gas emissions reduction commitments by funding carbon capture and storage (CCS) projects in developing countries. Data from published sources were used to identify the five most promising developing countries and to assess the theoretical capability for CCS in those countries in terms of compatible emissions and geologic storage capacity with the potential contribution to global emissions reduction targets. Combined with an assessment of the regulatory amenability for CCS, the five countries were ranked in terms of overall feasibility for CCS. The results showed that CCS is most feasible in China, South Africa, India, Mexico, and Indonesia, in that order. Developed countries can use this research to assist in making investment decisions about CCS in developing countries to help meet greenhouse gas emission reduction commitments.
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