Key Points: Julio Friedmann
- The international community has committed a lot of money for large Carbon Capture and Sequestration (CCS) demonstration projects, and the amount of money and number of projects is rapidly growing. Key countries include Australia, the UK, Canada, Japan, the EU, and China.
- These projects are global engines of discovery and are necessary to build financial, regulatory, and operational knowledge.
- China is actively working on a number of CCS demonstration projects, including from pure streams, pre-combustion and post combustion. The level of focus and speed of growth suggests that their projects may soon pass the US projects in terms of size and scope.
- China and the U.S. are working together; a project involving West Virginia University, DOE/FE, Lawrence Livermore National Laboratory and Shenhua could become a world-class flagship CCS project. Similar projects exist that create opportunities for partnership between the UIS and China.