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S1-EP 061 . CCS: A Game Changer for Climate Mitigation?
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Despite of the high expectation in decarbonizing the fossil fuels sectors for years, Carbon Capture and Storage (CCS) has not been scaled up. In the next 5-10 years, will the comprehensive technology be a game changer in the global climate mitigations? Can the oil and gas giants in the middle east countries sustain their business in the future by both producing carbon as usual and sinking carbon as world carbon storage center? May carbon markets, either regional or national, make CCS business cost-effective? How governments around the world provide sufficient incentives to speeding up its development and deployment? Throughout the discussion, Dr. Xu Yuan, associate professor of Chinese University of Hong Kong, will offer his perspectives and opinions on these pressing questions.
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