Carbon Capture Utilization and Storage technology must be perceived as a part of the existing technologies which needs to be deployed effectively. Explain (200 Words)
Refer - Financial Express
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IAS Parliament 3 years
KEY POINTS
· With specific reference to the goals of reducing projected carbon emissions by one billion tonnes by 2030 and turning net zero 2070, the role of Carbon Capture, Utilization and Storage (CCUS) becomes pronounced.
· It involves capturing CO2 from point sources and recycling it for producing oils, chemicals, fertilisers, construction material etc. or permanently storing the captured CO2 in geological formations.
· The first course of action with regard to storage of sequestered carbon should be to identify and map out possible storage sites.
· The next step would involve ascertaining these sites fulfil the basic minimum requirements of possessing adequate capacity and injectivity rates, requisite cap rock containment capacity, sufficient depth, favourable geothermal characteristics, exposure to low seismic activity, etc.
· According to a report by the IEA (2020), these processes alone can take up close to ten years to complete, thereby underlining the need for swift action.
· The costs incurred for transporting CO2 via onshore pipelines in the US varies between $2-14 per tonne
· CCUS must not be disregarded solely on the basis of current high costs. Being the only technology option that can help reduce as well as remove unavoidable emissions from the atmosphere, it would perhaps be misguided to overlook its potential contribution in the Indian scenario.
Manish 3 years
IAS Parliament 3 years
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