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Carbon Sequestration

Volume 470: debated on Tuesday 15 January 2008

To ask the Secretary of State for Business, Enterprise and Regulatory Reform how carbon capture and storage technology will be considered in Government negotiations on the clean development mechanism of the Kyoto Protocol. (175420)

I have been asked to reply.

The Government believe that carbon capture and storage forms an important part of the portfolio of mitigation options needed to tackle climate change. Carbon finance, channelled through instruments such as the Clean Development Mechanism (CDM), offer a useful incentive to this technology, notably in key developing countries. In international negotiations, the UK has consistently argued, through the EU, that such projects should be considered under the CDM.

Governments agreed at the Second Meeting of Kyoto Parties (COP/MOP2) that after the opportunity to consider outstanding issues at the recent meeting in Bali, we should seek agreement this year in Poznan to a decision providing guidance to the CDM Executive Board. We will continue to press at the Fourth Meeting of Parties (COP/MOP4) for a decision clarifying how the board should consider such projects.