This paper documents the global potential for CCS. If CCS is widely deployed the global CO2 emissions can be reduced by 236 billion tonnes by 2050. The calculations indicate that wide implementation of CCS can reduce CO2 emissions by 54% in the EU and 33% globally in 2050 compared to emission levels today. Such a reduction in emissions is not sufficient to stabilize the climate. Therefore, the strategy to achieve the necessary CO2 emissions reductions must be a combination of 1) increasing energy efficiency, 2) switching from fossil fuel to renewable energy sources, and 3) wide implementation of CCS.
Report number: Volume 1, No. 4
Authors: Aage Stangeland
Publisher: International Journal of Greenhouse Gas Control