Abstract
This paper is mainly focused on the eligibility of trans-boundary Carbon Dioxide Capture and Storage (CCS) as a Clean Development Mechanism (CDM) project activity and it aims to explore a broad range of CCS transboundary issues whereby the United Nations Framework Convention on Climate Change (UNFCCC) and national governments could take into consideration. Much work is still to be done by the CCS community (including the Institute) to ensure that the implementation of CCS under the CDM is both environmentally effective and commercially attractive. The recommendations focus on technical issues, with the aim of helping Parties evaluate a robust strategy for CCS as part of international negotiations and establish CCS best practice criteria for governments and the international process, thereby enhancing transparency and ensuring that CCS deployment is safe and effective. When considering CDM projects activities with a transboundary component, it is recommend that the rules of the main international treaties related to CCS be considered by the UNFCCC, especially the London Protocol guidelines for risk assessment and management and the 2006 IPCC Guidelines. Additionally, national governments should apply the rules and guidelines as delineated under the relevant existing international treaties and CCS national regulations.
Highlights
In December of 2011, the 17th Conference of the Parties (COP-17) serving as the 7th Meeting of the Parties to the Kyoto Protocol (CMP 07) has adopted the modalities and procedures for carbon dioxide capture and storage in geological formations as clean development mechanism project activities [1]
This paper is mainly focused on the eligibility of trans-boundary Carbon Dioxide Capture and Storage (CCS) as a Clean Development Mechanism (CDM) project activity and it aims to explore a broad range of CCS trans-boundary issues whereby the United Nations Framework Convention on Climate Change (UNFCCC) and national governments could take into consideration
When considering CDM projects activities with a trans-boundary component, it is recommend that the rules of the main international treaties related to CCS be considered by the UNFCCC, especially the London Protocol guidelines for risk assessment and management and the 2006 IPCC Guidelines
Summary
In December of 2011, the 17th Conference of the Parties (COP-17) serving as the 7th Meeting of the Parties to the Kyoto Protocol (CMP 07) has adopted the modalities and procedures for carbon dioxide capture and storage in geological formations as clean development mechanism project activities [1]. Others argue that trans-boundary projects do not add any extra challenges related to carbon dioxide storage in common reservoirs It does, imply on identifying the responsible host country, which does require a very robust liability implication between the countries [3]. There are currently many international, regional and local legal frameworks somewhat relevant to CCS activities and many definitions and prohibitions within these frameworks could be adequately broad to encompass and regulate various CO2 capture and geological storage activities. These actions allow CCS under international treaties, CCS projects that have spatial project boundaries that span national borders will require coordination and regulatory approval from both host governments. It strives to compare CCS-specific regulations and regulatory proposals to each other to convey what are the main issues related and how they could be used in a possible CCS under CDM procedures that allow transboundary activities
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