Cancún close to funding deal on CO2 storage
Thursday, December 16, 2010
Delegates in Cancún are braced for a final vote to approve the funding of controversial carbon capture and storage (CCS) technology under the UN's Clean Development Mechanism (CDM).The issue of CCS has been on the table since the COP-10 meeting in 2005 but decisions were always postponed.This time, instead of the question being framed in a 'yes' or 'no' format, two options that both enable funding for the experimental technology have been approved by the Kyoto Protocol's scientific ...