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The Asian Development Bank (ADB) strives to facilitate a sustainable low-carbon future for Asia and the Pacific within the next half of this century. Analyzing the potential of carbon capture, utilization, and storage (CCUS) to secure that low-carbon environment, this compendium highlights 11 CCUS technologies and enablers—most of which are ready for mass deployment. It explores how CCUS can enhance sustainable energy security and compliance with international commitments, as well as decarbonizing industries—with relatively low disruptions to existing operations. Featuring technical, economic, and financial insights, the publication encourages collaborations between ADB members and stakeholders to develop such technologies.
This compendium showcases new and innovative low carbon technologies that have potential to be deployed in Asia and the Pacific. It features 10 technologies for capturing, utilizing, or storing carbon dioxide. The key aspects of these technologies are discussed together with their advantages and status of development and commercialization. The compendium aims to contribute to low carbon development in the region by promoting further research, innovation, and investment in emerging technologies.
This publication updates the 2015 carbon capture, utilization, and storage (CCUS) road map for the People’s Republic of China (PRC) developed by the Asian Development Bank (ADB) in consultation with the government of the PRC and other stakeholders. Reflecting changes in CCUS and low-carbon development targets in the PRC since 2015, it highlights the role of CCUS in decarbonizing hydrogen production from fossil fuels; CCUS-readiness of the cement and iron and steel industries; recommendations on CCUS deployment under the 14th Five-Year Plan; and implications for CCUS of the PRC’s ambition to achieve carbon neutrality by 2060.
This report was produced under the Technical Assistance Grant: Determining the Potential for Carbon Capture and Storage (CCS) in Southeast Asia (TA 7575-REG), and is focused on an assessment of the CCS potential in Thailand, Viet Nam, and specific regions of Indonesia (South Sumatra) and the Philippines (Calabarzon). It contains inventories of carbon dioxide emission sources, estimates of overall storage potential, likely source-sink match options for potential CCS projects, and an analysis of existing policy, legal, and regulatory frameworks with a view toward supporting future CCS operations. The report also presents a comparative financial analysis of candidate CCS projects, highlights possible incentive schemes for financing CCS, and provides an actionable road map for pilot, demonstration, and commercial CCS projects.
This publication updates the 2015 carbon capture, utilization, and storage (CCUS) road map for the People's Republic of China (PRC). Reflecting changes in CCUS and low-carbon development targets in the PRC since 2015, the publication highlights the role of CCUS in decarbonizing hydrogen production from fossil fuels; CCUS-readiness of the cement and iron and steel industries; recommendations on CCUS deployment under the 14th Five-Year Plan; and implications for CCUS of the PRC's ambition to achieve carbon neutrality by 2060. It was developed by the Asian Development Bank (ADB) in consultation with the government of the PRC and other stakeholders.
Carbon capture and storage (CCS) is among the advanced energy technologies suggested to make the conventional fossil fuel sources environmentally sustainable. It is of particular importance to coal-based economies. This book deals at length with the various aspects of carbon dioxide capture, its utilization and takes a closer look at the earth processes in carbon dioxide storage. It discusses potential of Carbon Capture, Storage, and Utilization as innovative energy technology towards a sustainable energy future. Various techniques of carbon dioxide recovery from power plants by physical, chemical, and biological means as well as challenges and prospects in biomimetic carbon sequestration are described. Carbon fixation potential in coal mines and in saline aquifers is also discussed. Please note: This volume is Co-published with The Energy and Resources Institute Press, New Delhi. Taylor & Francis does not sell or distribute the Hardback in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka
The People's Republic of China (PRC) is taking concerted efforts and making large investments to peak out its carbon dioxide emissions around 2030. While current efforts are prioritizing accelerated energy efficiency and rapid expansion of renewables and nuclear in the energy mix, the fossil fuel related carbon dioxide emissions are still expected to rise even under a "new normal" growth strategies in the PRC. This brings in renewed emphasis on carbon capture and storage (CCS), which is currently the only near-commercial technologies to make deep cuts (up to 90%) in carbon dioxide emissions from fossil fuel related power plants and industries. This report draws on relevant technical assistance from Asian Development Bank (ADB), consultants' reports, and the work of ADB staff to assess the potential, the barriers and the challenges in demonstrating and deploying CCS in the PRC. It identifies unique low cost opportunities, recommends a gradual two phase approach to CCS deployment in the PRC and, provides complementary suite of policy actions to enable it.
Climate change is a huge challenge to humanity in the 21th century. In view of China’s recent pledge to the international community to peak carbon emissions before 2030 and achieve carbon neutrality by 2060, this book examines climate mitigation and adaptation efforts in China through the prism of the steel sector, and it does so from three interrelated perspectives, i.e., policy, technology, and market. The book argues that in developing the country’s strategy towards green growth, over the years there has been a positive and interactive relationship between China’s international commitments and domestic agenda setting in mitigation and adaptation to the impact of climate change. To illustrate China’s efforts, two special areas, i.e., carbon capture, utilization and storage (CCUS) and emissions-trading system (ETS), have received focused examination. Along the spectrum of low-carbon, zero-carbon, and negative-carbon strategies, this study ends with a simulation model which outlines different policy scenarios, challenges, and uncertainties, as China moves further on, trying to achieve carbon neutrality in 2060. The book will be of interest to scholars, policy-makers, and business executives who want to understand China’s growing role in the world.
This book presents new vision of regional de-carbonization with concrete scheme design and substantial quantitative demonstration from original interdisciplinary studies. It provides new horizon for not only climate change, environmental conservation but also for international cooperation and peace in East Asia. The chapters introduce diverse low carbon society principles from local to global level with best practices integrating technology evolution and social innovation. While the book is designated for academics and the ultimate goal is to facilitate international climate regime making and environmental cooperation, local government and international organizations (United Nations, World Bank, and others) officers, researchers, international NGO/NPOs, consultants, students (particularly those studying environmental policy studies or international relationships), as well as reporters will find this book useful in broadening their understanding of low-carbon development in East Asia.