China may take the lead in carbon capture and storage (CSS) projects after its first large-scale endeavor with the technology advanced, Bloomberg reports. Construction on the Yanchang Integrated Carbon Capture and Storage Project will begin after a final investment decision was taken to go ahead with the demonstration site, according to the Global CCS Institute, a non-profit organization that has provided technical and advisory support for the initiative. The project was undertaken as a part of China’s 2015 deal with the US to combat climate change. When complete, it will be able to capture 410,000 metric tons of carbon a year. It’s one of eight large-scale CCS projects in varying stages of evaluation and subject to approval that China is considering. Although more than have of large-scale CCS projects are currently in North America, but the next wave of projects is expected to happen in China.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved