To quote my other thread-
"Research on removal and sequestration in the U.S. has been accused of some foot dragging, over the years (money from govt. programs). Since 2001, $37 billion has been planned for research, with $12 billion awarded, so far. And, White House wants another $7 billion added for 2008."
U.S. government seed programs to spur private investment do have targets and deadlines, not unlike Kyoto.
For example, Title XVII of the Energy Policy Act of 2005-
Title XVII authorizes the Secretary of Energy to make loan guarantees for projects that "avoid, reduce, or sequester air pollutants or anthropogenic emissions of greenhouse gases; and employ new or significantly improved technologies as compared to commercial technologies in service in the United States at the time the guarantee is issued."
Title XVII also identifies ten categories of technologies that, if employed in commercial projects, are potentially eligible for a loan guarantee. A principal goal of Title XVII is to encourage commercial use in the United States of new or significantly improved energy-related technologies. DOE believes that accelerated commercial use of new and improved technologies will help sustain economic growth, yield environmental benefits, and produce a more stable and secure energy supply and economy for the United States.
On February 15, 2007, President Bush signed into law Public Law 110-5, the Revised Continuing Appropriations Resolution, 2007 (CR, or Pub. L. 110-5) which authorizes DOE to issue guarantees under the Title XVII program for loans in the "total principal amount, any part of which is to be guaranteed, of $4,000,000,000." This authorization provides DOE sufficient authority, under Title XVII and the Federal Credit Reform Act of 1990, 2 U.S.C. 661(a), to issue loan guarantees.
Federal Register / Vol. 72, No. 94 / Wednesday, May 16, 2007 / Proposed Rules
OMB (White House), Coal, Hydrogen, Fusion Examples
The U.S produces around 6 GT of CO2. By 2030, it will be 8 GT.
"U.S. Energy Agency Leads Effort to Cut Carbon Dioxide Emissions."
On May 7 and May 10, the Carbon Sequestration Leadership Forum (CSLF) conducted a "Capacity Building in Emerging Economies Workshop," held in conjunction with the Sixth Annual Conference on Carbon Capture and Sequestration (CCS) in Pittsburgh, Pennsylvania. Fifty-five delegates from the six emerging nation countries, including Brazil, China, Columbia, India, Mexico, and South Africa, attended the workshop.
Discussions focused on international efforts in developing improved cost-effective technologies related to the separation, capture, transport, and longterm storage of CO2. International delegates presented concerns they face in advancing CCS development and deployment in their countries, citing that technology transfer will play a major role in building CCS capacity. The delegates also discussed the importance of implementation, regulatory aspects, environmental issues, and public perception in building capacity for CCS.
Edited by leadbelly, 14 June 2007 - 01:26 PM.