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Saudi Arabia’s recent moves into the liquefied natural gas (LNG) market may be a sign the giant oil exporter is looking to expand into a rapidly growing and politically influential market it had long ignored.
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The relationship between the US and Canada, each of which is the other’s principal source of imported energy, has become increasingly fraught in recent months. Canada and the...
External Publications by Tim Boersma • January 06, 2017
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Abstract
While developments in the capturing of carbon have historically garnered much attention, meeting the objectives and aspirations of the Paris Agreement will require a (shared) CO2 transportation and storage infrastructure that can service multiple sectors of the economy. In some areas, the use of CO2 in enhanced oil recovery (EOR) has spurred development of such infrastructure but this opportunity is not available to all and the scale of CCS deployment in coming decades requires much greater access to non-EOR storage resources. A growing body of research is examining various support models that could incentivise CCS. Concepts such as ‘splitting the chain’, or tailoring transportation and storage infrastructure development to help de-risk capture project decision-making, have emerged, along with consideration of various public/private shared investment models.
This policy brief adds to the emerging ‘chorus of voices’ on the importance of transportation and storage infrastructure development in facilitating global CCS deployment. The brief highlights the challenges that will have to be addressed to build out CO2 transportation and storage infrastructure to the scale necessary to meet global climate ambitions and recommends a number of focus areas for policy development and enhancement.
Energy abundance isn't a climate strategy—it delays clean energy progress, harms global cooperation, and repeats past policy mistakes.
President Donald Trump has made energy a clear focus for his second term in the White House. Having campaigned on an “America First” platform that highlighted domestic fossil-fuel growth, the reversal of climate policies and clean energy incentives advanced by the Biden administration, and substantial tariffs on key US trading partners, he declared an “energy emergency” on his first day in office.
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External Publications by Tim Boersma • January 06, 2017