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:
“The Oregon [matter] and the annexation of Texas are now all- important to the security and future peace and prosperity of our union, and I hope there are a sufficient number of pure American democrats to carry into effect the annexation of Texas and [extension of] our laws over Oregon. No temporizing policy or all is lost.”
—Andrew Jackson (1767–1845)
“A country survives its legislation. That truth should not comfort the conservative nor depress the radical. For it means that public policy can enlarge its scope and increase its audacity, can try big experiments without trembling too much over the result. This nation could enter upon the most radical experiments and could afford to fail in them.”
—Walter Lippmann (1889–1974)
“The horror of Gandhi’s murder lies not in the political motives behind it or in its consequences for Indian policy or for the future of non-violence; the horror lies simply in the fact that any man could look into the face of this extraordinary person and deliberately pull a trigger.”
—Mary McCarthy (1912–1989)