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Many organizations and research
institutes are also involved in CO2 capture
projects. The International
Energy Agency (IEA) has been established within
the framework of the Organization for Economic Co-operation
and Development (OECD) to implement an international
energy program, and has 25 member countries. International
Energy Agency has implemented IEA
Greenhouse Gas R&D for controlling CO2
from power generation. The Laboratory For Energy and
the Environment at the Massachusetts Institute of Technology
(MIT) is very active in capture and sequestration studies.
See Bibliography
for a list of MIT publications on Carbon Sequestration
Initiative.
The goal of the U.S. Department
of Energy is to reduce CO2 capture costs
substantially; 90% reduction in the cost of CO2
capture for new builds by 2008, and 75% reduction on
the cost of CO2 capture for retrofit applications
by 2010. See Carbon
Sequestration Technology Roadmap for details. The
long-term cost goal of the U.S. Department of Energy
is in the range of $10/ton of avoided net costs for
carbon (equivalent to $2.7/ton of CO2). See
National
Energy Technology Laboratory for details. To achieve
this goal, The U.S. Department of Energy signed a Cooperative
Agreement with a team of nine major international energy
companies: BP Amoco, Chevron, Norsk Hydro, Royal Dutch/Shell,
Statoil, Suncor Energy, Texaco, PanCanadian and ENI
S.p.A. U.S Department of Energy contributed $5 million
towards the CO2
Capture Project. CO2 capture technology
development is expected by the end of 2003. See a progress
report of CO2
Capture Project.
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