Carbon-capture plan gains ground

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http://www.thenational.ae/apps/pbcs.dll/article?AID=/20091216/NATIONAL/712159844/1002/NEWS

Carbon-capture plan gains ground

Chris Stanton
Last Updated: December 15. 2009 11:17PM UAE / December 15. 2009 7:17PM GMT

COPENHAGEN // A move to fund efforts to store carbon emissions underground, a key priority of the UAE and other oil producers, has quietly gained ground at the Copenhagen conference on climate change.

The plan is now near the top of the agenda after three years of talks, supporters say, even though an overall climate deal is still hanging in the balance before world leaders in the next three days.

“It’s now the most likely time for it to be included in the last three years,” said Luke Warren, the international policy executive at the Carbon Capture and Storage Association, a UK-based group that favours widespread adoption of the technology.

The proposal before the climate talks would include carbon capture in a funding programme called the Clean Development Mechanism (CDM), which allows owners of capture projects in developing countries to earn credits for every tonne of carbon they keep out of the atmosphere.

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