G8 wants 20 carbon-burying projects by 2010

0 Comments | AFP, June, 2008

AOMORI, Japan (AFP) — The Group of Eight industrial powers said Sunday they hoped to launch 20 large projects to bury greenhouse gas by 2010 and aimed to broadly deploy the technology a decade later.

G8 energy ministers, meeting in Japan, said in a statement that Carbon Capture and Storage (CCS), which stops emissions at their root, played a "critical role" in "tackling the global challenge of climate change and energy security".

The International Energy Agency, a Paris-based energy security body set up in 1974 after the first oil crisis, has recommended commercial use of the CO2-burying technology by 2020.

"We strongly support the recommendation that 20 large-scale CCS demonstration projects need to be launched globally by 2010 ... with a view to supporting...