China to Invest Heavily in Carbon Capture and Sequestration Technology

China to Invest Heavily in Carbon Capture and Sequestration Technology

from OilPrice.com Daily News Update by ecoseed@oilprice.com (EcoSeed )

While China is taking on renewable sources to slash emissions, coal remains a big part of the country’s energy mix accounting for about two thirds, according to International Energy Agency projections.How to make both ends of using coal and reducing carbon footprint meet?Carbon capture store system technology could be the way to do so.As China reinforces its emissions reduction efforts and yet keeps on consuming coal, it is eyeing C.C.S. technology to meet its mitigation goals.In Beijing and Shanghai, China Huaneng Group Corporation, one…Read more...http://oilprice.com/Energy/Energy-General/China-to-Invest-Heavily-in-Carbon-Capture-and-Sequestration-Technology.html