Post on 05-Jan-2016
Reducing GHG Emissions – A Global Challenge
Eric Newell May 19 2015
World energy demand is growing
World CO2 emissions are growing
Key messages1. Albertans take our environmental responsibilities seriously.2. To capture a share of the benefits from our resources,
Alberta needs to achieve absolute reductions in GHGs. 3. Transformative technology is critical to meeting the global
climate change challenge.
A climate for change
* Currently under review
Alberta’s 2008 Climate Change Strategy*
Climate Change and Emissions Management Act
Specified Gas Emitters Regulation• Mandatory requirements to hit target • Flexibility options
• Continuous Improvement• Credits or Offsets• Pay into fund @ $15/tonne
• Annual compliance
Alberta policy
• Reduce GHGs through investing in clean tech• Funding comes from large emitters• Investments include cleaner energy production,
conservation and efficiency, CCS
To date: • Invested $246 million in 100 projects• Valued at $1.7 billion, average leverage of $5.9:1• Reduces emissions by 9.5 megatonnes by 2020
CCEMC
• Growing Power Hairy Hill – Deployment• Blackspring Ridge – Deployment• ESEIEH – Market demonstration • Salt Canada/ Wood Buffalo – Deployment • C02 Solutions – Design and development
Transformative technology
CCS projects: across the spectrumApplied R&D Development Demonstration Deployment
AI-EES Project
CCEMC Project
Government of Alberta CCS Program
CCEMC Grand Challenge
Round one projects 24 projects broadly grouped in four areas
• Fuels (7) – methanol, propanol, syngas • Chemical Synthesis (5) (react with or separate) – consumer
goods - carbon fiber, fuel additives, solvents• Biofixation (3) (algae, bacteria, yeast) – butanol, malate • Solid Products (9) – concrete, graphene, carbonates,
fertilizers
Read about the winners and all CCEMC projects on CCEMC.CA
• Alberta needs to reach it’s 2020 reduction targets of 50 Mt
• Meeting 2020 target calls for collaboration between industry, government, SMEs to make fossil fuel resources more sustainable
• Longer term challenge requires transformation technology
• Canada’s leadership in CCS could have global impact
ConclusionReducing GHG emissions is a global challenge.