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Shi Weijun
22 June 2022
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Asian governments urged to back CCS

European policies can be template for region as it looks to kickstart CCS development, speakers tell Asian Development Bank event

Asian governments should learn from their European counterparts and deploy supportive policies to kickstart the development of carbon capture and storage (CCS) in the region, according to regional energy experts. “Government support is just absolutely critical, and we have seen that provide an impetus to CCS projects and business in Europe,” Li P’ing Yu, CCS general manager in Asia for Shell, told the Asian Development Bank’s recent Asia Clean Energy Forum. One effective form of government support would be a state-led carbon pricing mechanism, she says. “We found that to be a very effective tool that gives choices to energy consumers [and] to producers. It also allowed stimulation of the mar

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Also in this section
Industrial emitters demand action to kickstart German CCS
23 March 2023
Companies urge government to prioritise rapid scale-up of technology and infrastructure in forthcoming national carbon management strategy
Shell sees DAC potential for synthetic fuels production
22 March 2023
Direct air capture could be significant provider of CO₂ feedstock, oil major says in climate-focused future energy scenario
Drax pauses world’s largest Beccs project
21 March 2023
Major biomass power generator says £2bn project cannot proceed without clarity on UK government support for technology
BP and CNPC explore Hainan CCUS project
21 March 2023
European oil major agrees to work with CNPC as Chinese state company seeks international partnerships to grow deployment of CCUS

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