Fueled
by the increase of carbon dioxide in the Earth's atmosphere attributed
by many climate scientists to the activities of man governments
worldwide, including the United States, have mobilized to examine ways
to decrease the emission of carbon dioxide into our atmosphere from
anthropogenic sources.
The growing interest of government and industry in
the storage of CO2 stems from the fact that increasing amounts of the
gas are largely the consequence of burning carbon fuels for energy. In
the United States, 98 percent of carbon dioxide is emitted as the
result of the combustion of fossil fuels; consequently, carbon dioxide
emissions and energy use are highly correlated.
For this reason IOGCC formed a Geological CO2
Sequestration Task Force, which has been examining the technical,
policy and regulatory issues related to safe and effective storage of
CO2 in the subsurface (depleted oil and natural gas fields, saline
formations and coal beds).
The Commission has extensively researched an
opportunity to mitigate the release of CO2 into the atmosphere. Carbon
capture and geological storage capturing carbon dioxide before it is
released into the atmosphere and storing it in underground geologic
formations is a promising option.