Report of the Interagency Task Force on Carbon Capture and Storage
The Interagency Task Force on Carbon Capture and Storage has released a report that explores a series of recommendations designed to overcome the barriers to the widespread, cost-effective deployment of carbon capture and storage (CCS) within 10 years.
According to the report, CCS can play an important role in domestic greenhouse gas emissions reductions while preserving the option of using abundant domestic fossil energy resources. However, widespread cost-effective deployment of CCS will occur only if the technology is commercially available at economically competitive prices and supportive national policy frameworks are in place.
On February 3, 2010, President Obama sent a memorandum to the heads of fourteen Executive Departments and Federal Agencies establishing an Interagency Task Force on Carbon Capture and Storage. The Task Force, co-chaired by the Department of Energy and the Environmental Protection Agency, was charged with proposing a plan to overcome the barriers to the widespread, cost-effective deployment of CCS within 10 years, with a goal of bringing five to 10 commercial demonstration projects online by 2016.
This Summary Last Modified On: 4/22/2011