|CO2 trapping mechanisms in a geological formation.|
Japan Times. The Japanese Ministry of Economy, Trade and Industry plans to set up facilities both in Japan and worldwide to capture and store underground 200 million tons of carbon dioxide annually. Half will be disposed of in Japan, the other half abroad.
This is the first time the ministry has set a numerical target to cut carbon dioxide emissions using carbon capture and storage (CCS) technology. The target of 200 million tons is equivalent to one-sixth of current domestic carbon-dioxide emissions.
The government will spearhead research, build facilities and seek necessary legislation with the aim of making CCS technology one of the main methods of reducing emissions, according to METI.
The government will take the lead in developing technology and establishing technology demonstration systems until the cost of reducing carbon dioxide emissions reaches around ¥3,000 (US$26) per ton.
Outside Japan, the government plans to support CCS in combination with natural gas mining, thereby obtaining carbon credits from developing countries by around 2010.
In April, METI had hosted an international workshop in Paris on Clean Development Mechanism (CDM) methodological issues in regard to CCS. The workshop was intended to develop and deepen mutual understanding among both sides of CCS and CDM, and to discuss how to implement CCS projects as CDM.
Some Introductory Remarks on Geological Storage (Makoto Akai, AIST, April 2006)