CO2CaptureStorage.PDFVIP

CO2 Capture Storage Just Do It! David G. Hawkins, NRDC August 2005 CCS: Deployment Must Begin Now ? Further delay will increase climate protection costs. ? Further delay will not reduce technology costs. ? Impacts of CCS on electricity prices are modest. 2 Investments Today Drive Climate Impacts Tomorrow ? Investments drive emissions ? Emissions drive concentrations ? Concentrations drive temperature forcing ? Forcing drives climate impacts 3 Global New Coal Build by Decade 800 670 l 600 a 500 o C W 400 G 221 200 0 2003-2010 2011-2020 2021-2030 Other Developing 43 90 128 India 16 48 79 China 150 168 226 Transition 1 11 19 OECD 12 184 218 Incremental new coal capacity by decade 4 Source: IEA, WEO 2004 New Coal Plant Emissions Equal All Historic Coal CO2 143 145 150 100 50