Measurement, reporting and verification and accounting for carbon dioxide removal in the context of both project-based approaches and national greenhouse gas inventories
- 15 October 2024
- Industry Insights
- Policy & Regulation
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Keith Burnard, Tim Dixon
Citation: IEAGHG, "IEA CCS Build Out Unit", 2017-TR6, June 2017.
This study compares the anticipated CCS build-out rates with those achieved in other sectors, where comparable technologies in those sectors have been used as analogues. In particular, it addresses whether the build-out rates for CCS, as depicted in Figure ES.1, are tenable, i.e. whether the claimed build out is possible once the programme is up and underway. It does not attempt to address the timing of when the build-out would begin or, more particularly, the veracity of the timing of the start of build-out as depicted in Figure ES.1.
The CCS industry requires rapid and sustained build-out in order to deliver its contribution to climate goals. While this is a substantial task in terms of physical supply chain growth, analogies from related industry sectors show that comparable build-out rates have been realised under sufficiently strong incentives, regulation and market pull. Although it is recognised that the analogies have limitations, it seems tenable technically that anticipated CCS build-out rates can be realised in a supporting environment, with sustained incentives
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