A new study by Element Energy and Vivid Economics released today shows that increasing the dialogue and collaboration between public and private stakeholders is crucial to supporting the deployment of Carbon Capture & Storage.
OGCI commissioned Vivid Economics and Element Energy to conduct an independent analysis of a range of policy mechanisms that could enable widespread delivery of CCS investments.
OGCI considers CCS to be key to achieving the ambitions of the Paris Agreement, and is exploring ways to support the implementation of CCS projects worldwide.
The study examines ways in which both government and business can support the successful scale up and deployment of CCS, and how policies may differ across regions.
OGCI is pleased to see the considerations in this report and will continue to look at how to reduce costs and promote an enabling policy environment for CCS.