Status of carbon capture in india | Candider
Status of carbon capture in india
30th Jan 2020 5:33 pm
Technology expert
The following result is obtained by our Internet Research Algorithm:- This technology is used to extract CO2 In India the adoption of CCS in coal fired power plant is poor. Government support will be critical in the early stages, to deliver the first batch of CCS projects, particularly in the development of key infrastructure, such as storage sites. To date, international financial initiatives, such as the Clean Technology Fund, have characterised CCS as being in the pre-commercial phase – thereby denying funding in favour of renewable and efficiency proposals. This has happened despite CCS operating at scale in 17 projects and being identified as an eligible low-emission technology in the Clean Development Mechanism. Specific CCS funding provisions are required in order to stimulate pilot or demonstration projects in economies, such as India, bring global emission reduction benefits.
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