November 15, 2024
COP29 | Ramping up industrial decarbonization with carbon capture and storage deployment
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Event Details:
November 15, 2024
9:30 – 10:30
GCCA Pavilion, Blue Zone, E4
Hosts:
Clean Air Task Force and Global CCS Institute
About the event
Carbon capture and storage, along with upstream methane controls, has an essential role to play in capturing emissions from key industries that have no, or few other mitigation options. Global industrial sources such as the production of cement, iron and steel, and certain chemicals have inherent CO₂ emissions in their production processes and energy requirements, and account for approximately one fifth of all CO₂ emissions. Carbon capture and storage can provide a proven, scalable solution for addressing greenhouse gas emissions from these industries, making it a critical tool in the global climate solution toolbox. This panel will address questions such as:
- What are the key prerequisites for deploying large-scale industrial decarbonization CCS projects?
- How can new policies help cover the shortfall between the carbon price or incentives and the costs of capturing and storing CO₂?
- What are the implications of tariffs and carbon border adjustments for industrial decarbonization?
CATF speakers
Lee Beck, Senior Director, Europe, the Middle East, and Africa |
Sam Bowers, U.S. Policy Manager, Carbon Capture |