Launch Webinar: New ICAP report on Emissions Trading and Carbon Capture and Storage (CCS)

Overview

Carbon Capture and Storage (CCS) can be a key tool in the response to climate change. CCS applications can support decarbonization by helping to reduce emissions from emissions-intensive industries and through the retrofitting of existing infrastructure. Moreover, some CCS applications can reduce atmospheric concentrations of CO2 and are a key component in compensating for residual emissions and achieving net zero by mid-century.

Most jurisdictions with Emissions Trading Systems (ETSs) in force either already have policies on CCS or intend to make use of CCS applications. Moreover, there is an important overlap between the sectors covered by ETSs and those in which CCS shows the most promise. At the same time, there has been limited attention to the interactions between ETSs and CCS. The International Carbon Action Partnership (ICAP) has carried out work to better understand these interactions.

The outcomes of this work are captured in an upcoming ICAP report (available here soon) entitled: “Emissions Trading and Carbon Capture and Storage: Mapping possible interactions, technical considerations, and existing provisions”.

Join us for this webinar, where the ICAP Secretariat, ETS practitioners, and policy experts will present and discuss the key findings of the report, including:

• How CCS is treated in different ETSs around the world;
• If and how ETSs could play a role in incentivizing the development and deployment of CCS applications;
• The challenges and opportunities in developing the required regulation in this context.

You can find the recording of the webinar here.

Webinar agenda

• Welcome and introduction
  • Stefano De Clara, ICAP Secretariat
• Presentation of key highlights from the report
  • Stephanie La Hoz Theuer, ICAP Secretariat
• ETS practitioner interventions
  • Julien Viau, France
  • Rajinder Sahota, California
  • Olivier Lacroix, Québec
• Expert interventions
  • Eve Tamme, Climate Principles
  • Per-Olof Granström, Zero Emissions Platform
• Q&A and discussion

Date and time

Thursday, 23 February at 5pm Brussels / 11am Québec / 8am California (90 minutes running time)