|
In order
to sustain economic growth, India needs adequate power. Themajority
of this power will be generated from fossil fuels particularly
coal ofmedium
to low quality. Indeed, the power sector is the largest consumer
ofcoal
in India, accounting for 70% of total consumption.
However,
global and domestic concern over climate change and the emissionof
greenhouse gases (GHG) continues to grow.
Carbon capture and storage (CCS) technology has the potential
tosignificantly
reduce carbon dioxide emissions from fossil fuel power stations.Demonstration
projects are currently planned in the UK, Europe, USA,Australia
and China.
As a member of international initiatives, such as Carbon SequestrationLeadership
Forum, India needs to examine carbon abatement in a domesticcontext
and develop its own strategy for technologies such as CCS.
Thedevelopment
of supporting policies and regulation also needs to beconsidered.
The
technologies used in CCS may make it possible to reduce emissions
andearn
carbon credits at the same time. They may also provide a number
ofbusinesses
and export opportunities.
|