Key Points: Richard Esposito
- Carbon Capture and Sequestration (CCS) is the leading option for the continued use of fossil fuels with reduced greenhouse gas emissions. The necessary technology and engineering capability exists today and safe geologic storage has been demonstrated by natural and industrial analogs for many years.
- There are, however, legal and regulatory issues, such as access to pore space for storage, risk mitigation options, and permitting, that still present obstacles to cost effective, commercial-scale sequestration deployment.
- Existing R&D programs, in play by the DOE, are providing significant progress towards the deployment of utility-scale CCS in the near-term, but continued support for increasing-scale demonstrations and incentives for commercial deployment will help with the high costs of early deployment.