World needs 100 CO2 capture projects: IEA
"We will need 100 large scale projects by 2020, 850 by 2030 and 3,400 in 2050," Nobuo Tanaka told a CCS conference in London, adding many of the projects would have to be built in the developing world, outside the Organisation for Economic Co-operation and Development (OECD) group of industrialized countries that the IEA advises.
"The OECD must lead in the first decade but the technology must quickly expand in the developing world where we see the vast majority of emissions growth," he told the Carbon Sequestration Leadership Forum attended by energy ministers from around the world.
"By 2050 our estimates suggest that 65 percent of CCS projects must be located in non-OECD countries."
The IEA estimates $56 billion of investment will be needed in CCS globally from 2010-2020, followed by $646 billion from 2021 to 2030.
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'For now, we're not touching it': Quebec closes door on nuclear power
MONTREAL - Quebec Premier François Legault has closed the door on nuclear power, at least for now.
"For the time being, we're not touching it," said Legault when asked about the subject at a press scrum in New York on Tuesday.
The government is looking for new sources of energy. In an interview with The Canadian Press at Quebec's official residence in New York, Legault said there are a number of avenues to explore:
- Energy efficiency.
- Negotiations with Newfoundland and Labrador over Churchill Falls and Gull Island.
- Upgrading existing dams and building new ones.
"Nuclear power is not on the agenda," he said.
Yet the premier seemed…
