One of the potentially most effective mitigating technologies in the climate change saga is gaining significant steam.
Carbon Capture & Storage (CCS) could very well be the focal point of North American climate change strategy. In a CBC interview last evening, Barack Obama expressed significant interest in establishing a continental energy and environmental policy plan, much of which would involve capturing and storing carbon emissions.
Obama acknowledged each country's massive dirty energy arsenal: coal reserves in the United States are some of the greatest in the world and of course, Canada's Oil Sands, which constitute Canada's placement as second in global oil reserves. Coal and oil are the two sources of energy that CCS can be implemented most effectively against.
The Canadian federal government has been touting CCS as its main answer to climate change, but other than funding towards a few pilot projects, nothing serious has actually come along.
But if Obama is taking it seriously, CCS could soon see a massive boost. We're seeing how much money he's willing to throw around. And at least in his speeches, Obama means business when it comes to throwing around taxpayers' money. Harper and the rest of the federal government would certainly need to follow suit, especially if CCS is part of a continental plan.
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