'CCS technologies could make ‘low-carbon-emission’ coal a reality,' Noah Deich, founder and executive director at the Center for Carbon Removal, told GreenBiz. Granted, there has been some reported mismanagement of government-backed CCS projects in Mississippi and elsewhere, but the technology itself remains promising.

Additionally, the use of CCS with renewable biomass is one of the few abatement technologies that can be used in a 'carbon-negative' mode - effectively taking carbon out of the atmosphere. That’s why carbon capture and sequestration (CCS) technology can play a key role.ĬCS works by trapping CO2 at its emission source, transporting it to a storage location - often deep underground - and then isolating it to keep it from the atmosphere. But much of the damage already has been done seasonally adjusted concentrations of carbon dioxide in Earth’s atmosphere have risen dramatically in the past half century and continue to creep upward.Ĭarbon dioxide has become a major business liability, decreasing a firm's value by $212,000 for every 1,000 metric tons produced, according to KPMG.Īnd while the world pivots to embrace renewable energy, carbon likely will continue to burn to meet the world’s energy demands for the foreseeable future.

Reducing the amount of carbon dioxide in the atmosphere is critical for achieving the aims of the Paris Agreement produced at COP21 - keeping a global temperature rise well below 2 degrees Celsius this century, and driving efforts of a 1.5 C limit above pre-industrial levels.

Carbon capture storage