Full Title: CCS in the Circular Carbon Economy: Policy & Regulatory Recommendations
Author(s): Dominic Rassool, Ian Havercroft, Alex Zapantis, Nabeela Raji
Publisher(s): Global CCS Institute
Publication Date: July 23, 2021
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The Circular Carbon Economy adds a fourth “R” to the “three Rs” of the Circular Economy; Remove. Remove includes measures which remove CO2 from atmosphere or prevent it from entering the atmosphere after it has been produced such as carbon capture and storage (CCS) at industrial and energy facilities, bio-energy with CCS (BECCS), Direct Air Capture (DAC) with geological storage, and afforestation.
This report describes the essential contribution of carbon capture and storage to achieving net-zero emissions, summarizes policy and legal factors that have a material impact on the investability of CCS projects, and makes high level recommendations on how governments may facilitate greater private sector investment in CCS.