http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.12Change: 0.04
R/$ = 11.82Change: -0.05
Au 1201.79 $/ozChange: -1.86
Pt 1177.50 $/ozChange: -12.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Sep 13, 2011

COP 17 key for decision on carbon capture’s inclusion under CDM

Back
Construction|Engineering|Africa|Consulting|Petrochemicals|PROJECT|Projects|Storage|Systems|Africa|Energy|Maintenance|Petrochemicals|Solutions|Systems|Power
Construction|Engineering|Africa|Consulting|Petrochemicals|PROJECT|Projects|Storage|Systems|Africa|Energy|Maintenance|Petrochemicals|Solutions|Systems|Power
construction|engineering|africa-company|consulting-company|petrochemicals-company|project|projects|storage|systems-company|africa|energy|maintenance|petrochemicals|solutions|systems|power
© Reuse this



The seventeenth conference of the parties (COP 17) negotiations on climate change in Durban were viewed as key for making decisions on whether or not carbon capture and storage (CCS) would be accepted under the clean development mechanism (CDM).

Alstom Power global affairs VP Helle Juhler-Verdoner is encouraged by the recent State visit of President Jacob Zuma to Norway, where the President and Energy Minister Dipuo Peters learned more about the technology and strengthened the collaborative ties between the two countries with regard to CCS.

This, says Juhler-Verdoner, sends a signal that South Africa considers CCS to be one of the important technological solutions to mitigating greenhouse gas emissions in the climate change debate.

With South Africa’s influence in the Basic country grouping (Brazil, South Africa, India and China), it is hoped by supporters of the technology, that CCS can be accepted under a reformed CDM.

A United Nations Framework Convention on Climate Change (UNFCCC) technical workshop on modalities and procedures for CCS in geological formations as CDM project activities was recently hosted in Abu Dhabi.

The Emirates News Agency reported that important progress towards allowing support for CCS projects under the CDM were made at the meeting. Discussion among delegates drew on expert inputs, and led to some options on ways to ensure good site selection, implement monitoring systems, establishing liability for the integrity of the project, and other important factors. The UNFCCC Secretariat is preparing these options in a negotiating text for consideration by parties in Durban.

At this meeting, Brazil voiced concern over the inclusion of CCS under the CDM, stating that it would possibly divert funds from forestry protection, where the South American country has specific interests.

Juhler-Verdoner said that Alstom did not anticipate that the inclusion of CCS would bring in large amounts of new carbon credits into the market. “The inclusion of CCS is more valuable as a signal of acceptance of the technology, and a small additional income source,” she said.

Sending a signal that CCS is part of the solution was viewed as vital. “We hope that the United Nations will send that signal,” she added.

“Hopefully Durban can deliver a strong signal on the continuation of carbon markets, including the CDM. Putting a price on carbon dioxide is crucial to incentivise low-carbon investments,” stated Juhler-Verdoner, noting that private sector companies sought a clearer picture of carbon markets post-2012, as this would boost investor confidence.

While regional or national carbon markets (such as the EU emission trading scheme) were viewed as important elements to pave the way for global carbon markets, CDM was important in linking regional markets. It was therefore important to make decisions at the global UN level.

Alstom is a strong proponent of CCS, and has developed several capture technologies. The company is involved in the operation of seven pilot CCS plants, the largest of these in the US – the AEP Mountaineer 58 MW power plant, where about 100 000 t/y of carbon dioxide is being captured.

Alstom is also involved with six pre-commercial CCS projects which will potentially demonstrate CCS on a large scale of 250 MW or larger.

Alstom is one of the technology providers at the Technology Centre Mongstad research project in Norway, in which South African petrochemicals giant Sasol holds a stake.

Juhler-Verdoner noted that it was worth doing more research into what CCS could do for local development and job creation in South Africa.

A 2009 study by BBC Research and Consulting estimated that retrofitting CCS to 65 GW of capacity in the US could represent 1.7-million job years over the construction period and 31 000 jobs in operation ad maintenance, as well as thousand of engineering jobs.
 

Edited by: Mariaan Webb
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Environment News
Besides its mandate to mitigate pollution and harm to the environment, the emerging trend of going green also provides an opportunity for the creation of small businesses in South Africa, says paper and plastic packaging and recycling company Mpact Recycling.
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) earlier this month said South Africa’s strict environmental legislation was a significant challenge for small, medium-sized and microenterprises (SMMEs) that could hamper further growth of...
The World Bank is working with other development finance institutions to raise some $500-million to modernise weather and flood forecasting services in Africa. Daniel Kull, a disaster risk specialist with the World Bank, said it was talking to lenders, including the...
Article contains comments
More
 
 
Latest News
Updated 16 minutes ago More than half CEOs surveyed as part of the latest Merchantec CEO Confidence Index, said load-shedding was negatively impacting businesses, as it lowered productivity and raised costs. The index, released on Wednesday, showed that 76.2% of CEOs felt that...
Updated 29 minutes ago JSE-listed real estate investment trust (Reit) Growthpoint Properties recorded distribution growth of 7.5% to 84.4c a share in the six months ended December 31.
Updated 33 minutes ago To enhance operational efficiencies, in the midst of challenging market conditions and to ensure its survival and sustainability, South Africa’s national oil company (NOC) PetroSA will reorganise its business. The NOC said on Wednesday that, as a result of ongoing...
More
 
 
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
 
 
 
 
 
This Week's Magazine
Walter Hill
Eqstra Holdings was going to reduce its exposure to contract mining, but it was not yet ready to sell the troubled business, said CEO Walter Hill on Tuesday. He said Eqstra would not sell its contract mining business in a “depressed market”. He said it would be...
Subscribe to Engineering News and Mining Weekly for two years, but only pay for the first year.  The weekly editions of Engineering News and Mining Weekly will be posted to your preferred postal address and also gain access to:
National flag carrier South African Airways (SAA) is in an advanced stage of renegotiating its deal with European airliner manufacturer Airbus to acquire A320 single-aisle (or narrow body) aircraft. The aim is to replace ten of the aircraft still on order with five...
Worldwide, the main thrust in the ports industry over the past decade or more has been to increase efficiency. Traditionally, ports have been run by engineers and mariners and, in the past, increasing a port’s capacity was achieved by expanding the harbour. “That has...
What do you do when an elephant has a toothache? You call Dr Gerhard Steenkamp from the University of Pretoria’s (UP’s) faculty of veterinary science, Onderstepoort, one of only two elephant ‘dentists’ in the world.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96