Renewable energy, energy efficiency, and other tools will all be needed to find solutions for climate change. CCS can play an important role in mitigating the CO2 that contributes to climate change because CCS is the most immediate solution existing for large point emitters of CO2.
With estimates ranging between 40 to 60 per cent, much of the world’s CO2 comes from these large stationary sources. When increasing demand for energy from these sources is considered, CCS represents a practical approach to keep this climate-altering gas from even entering the atmosphere.
As our social and economic success is dependent on access to energy, CCS has the potential to mitigate existing CO2 production necessary for our shared quality of life. CCS has vast potential to buy us more time in bringing other energy solutions on line.
CCS offers an important opportunity to reduce Canada’s net emissions, but is considered only a part of the solution.
Other options exist to try to reduce CO2 emissions such as:
The graph below illustrates an analysis by the International Energy Agency (IEA) showing that CCS in both power generation and industry, when implemented along with energy efficiency and renewable energy sources, can create most of the emissions reductions needed to cut emissions worldwide in half by 2050. As indicated in the chart below the IEA estimates that CCS alone can create 19 percent of the emissions reduction by 2050.