WASHINGTON, April 22, 2016 — Technological innovation will be critical in meeting the goal the world’s nations set out in the Paris Agreement to reduce greenhouse gas emissions and limit global warming. The world derives 80 percent of its energy from coal, oil, and natural gas. Global use of fossil fuels is expected to continue for decades to come, even with the dramatic changes in energy production anticipated under the Paris Agreement. Carbon Capture, Utilization and Storage (CCUS) technology can capture and safely store CO2 emissions from power plants and industrial facilities. In fact, the United Nations IPCC and International Energy Agency have concluded that CCUS is likely essential to limit global warming to 2 degrees Celsius. Continue reading »
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