Policy
Based on the current Kyoto Protocol agreement, carbon capture and storage projects are not applicable as an emission reduction tool to be used for the Clean Development Mechanism (CDM) or for Joint Implementation (JI) projects. Recognising CCS technologies as an emission reduction tool is vital for the implementation of such plants as there is no other financial motivation for the implementation of such systems. There has been growing support to have fossil CCS and BECCS included in the protocol. Accounting studies on how this can be implemented, including BECCS, have also been done.
Read more about this topic: Bio-energy With Carbon Capture And Storage
Famous quotes containing the word policy:
“It is always the best policy to speak the truth, unless of course you are an exceptionally good liar.”
—Jerome K. Jerome (1859–1927)
“U.S. international and security policy ... has as its primary goal the preservation of what we might call “the Fifth Freedom,” understood crudely but with a fair degree of accuracy as the freedom to rob, to exploit and to dominate, to undertake any course of action to ensure that existing privilege is protected and advanced.”
—Noam Chomsky (b. 1928)
“Our policy is directed not against any country or doctrine, but against hunger, poverty, desperation and chaos. Its purpose should be the revival of a working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist.”
—George Marshall (1880–1959)