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DATE OF REPORT: April 30, 2009
JURISDICTION: Australia - Global
TYPE OF INCENTIVE: 4. Other - Global CCS Institute
CITATION: Global Carbon Capture and Storage Institute (GCCSI)
STATUS: Operating
TIME FRAME Start: April 16, 2009
TIME FRAME End:
DESCRIPTION:
The Global CCS Institute will help deliver the G8's goal, agreed in July 2008, of developing at least 20 fully integrated industrial-scale demonstration projects around the world for broad deployment of CCS technology by 2020. It will promote collaborative research and share knowledge, seek out mechanisms to address technological and financial gaps, develop technology roadmaps and produce assessments on the status of CCS technologies. It will be a global 'go to' place for researchers, industry consortia and governments.

The Australian Government is now contributing up to $100 million per annum to establish and host the Global CCS Institute which will be a resource open to the world.
EXPERIENCE: In its initial stages the Global CCS Institute will undertake a number of activities that will begin to work towards its primary objectives.
  • The Institute will work towards its demonstration project portfolio by developing a baseline report on the current CCS activities.
  • The GCCSI will work with its Foundation Members to establish its role as a global knowledge broker; and will work with existing international clean energy fora, especially with the IEA and CSLF, to ensure the role of CCS within the future clean energy mix.
  • The GCCSI will begin its supporting activities agenda by developing a globally accepted definition of CCS ready and establishing a Global CO2 Storage Atlas.
LINKS AND CONTACTS: http://www.ret.gov.au/resources/gccsi/Pages/default.aspx