What is government doing about carbon sequestration?
The DoE announced its first three CCS projects in October 2007 and the fourth in December. The first three projects are being undertaken with separate members of the Carbon Sequestration Regional Partnerships, specifically the Plains, Southeast, and Southwest regions. The projects total $318 million, $197 million of which the DoE will fund. The projects will test the storage of 1 million or more tons of CO2 in deep reservoirs. President Bush kicked of the DoE’s CCS program in 2001 saying “We all believe technology offers great promise to significantly reduce [greenhouse gas] emissions — especially carbon capture, storage and sequestration technologies.
