Carbon Capture Policy Should Be Aligned For Global Adoption
Law360 (November 24, 2020, 4:50 PM EST) -- Early efforts at decarbonizing the world economy focused on renewable energy for electricity production, but many policymakers are now considering the possibility of immediately and substantially reducing emissions from fossil fuels through wide-scale deployment of carbon capture, utilization and storage, or CCUS.
So-called blue fuels — fuels produced using CCUS — are increasingly available at scale, and can make a major contribution to transitional decarbonization goals within the 2030-2050 time frame. That said, there are legal, commercial, regulatory and policy issues in the European Union, the U.S. and elsewhere that must be resolved to fully support the deployment of CCUS technologies and products. ...
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