Fourteen countries, EU seek cooperation on carbon capture and storage

Washington, D.C., June 20, 2003 — Fourteen country delegations, plus the European Union, will meet here June 23-25 in a high-level forum to discuss reducing greenhouse emissions using carbon sequestration technologies.

The Carbon Sequestration Leadership Forum, hosted by the U.S. Departments of Energy and State, will be held June 23-25 in Tysons Corner, Virginia.

The inaugural meeting of this ministerial level forum will bring focus to the actions necessary to speed the development and deployment of commercially viable carbon capture and storage technologies through international cooperation.

Carbon sequestration is the process of capturing carbon dioxide emissions, which would otherwise be released into the atmosphere, and permanently storing them in geologic formations including oil and gas reservoirs, unmineable coal seams and deep saline reservoirs, or deep in the oceans. Carbon sequestration can also be done terrestrially in forests, crop and agricultural lands, and in wetlands.

The opening ministerial session, Tuesday, June 24, 9 a.m., will feature remarks by:
* Spencer Abraham, Secretary of Energy,
* Paula Dobriansky, Under Secretary of State for Global Affairs

Followed at 10 a.m. by:

* Daniel Yergin, chairman, Cambridge Energy Research Associates
* Claude Mandil, director, International Energy Agency
* Rajendra Pachauri, chairman, Intergovernmental Panel on Climate Change

WHAT: Carbon Sequestration Leadership Forum
WHO: Department of Energy, Department of State, Invited Ministers from Developed and Developing Countries, European Union
WHERE: Ritz Carlton Hotel, 1700 Tysons Boulevard Tysons Corner, VA
WHEN: June 23-25, 2003

NOTE: A Charter will be signed by the parties on Wednesday, June 25, at the Mayflower Hotel, setting forth a framework for international cooperation in research and development for the separation, capture, transportation and storage of carbon as a means of reducing greenhouse gas emissions.

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