Bush Administration convenes international carbon sequestration forum June 23-25

14 countries, European Union seek cooperation on carbon capture and storage

WASHINGTON, D.C., June 12, 2003 — Fourteen country delegations, plus the European Union, will meet here June 23-25 in a forum to discuss reducing greenhouse emissions using carbon sequestration technologies.

The Carbon Sequestration Leadership Forum (CSLF), hosted by the U.S. Departments of Energy and State, will be held June 23-24 in Tysons Corner, Virginia. The Forum will conclude Wednesday, June 25 in Washington, DC with a charter signing ceremony to set 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.

The inaugural meeting of the CSLF will bring focus to the actions necessary to speed the development and deployment of commercially viable carbon capture and storage technologies through international cooperation. Expected participants include: Australia, Brazil, Canada, China, Colombia, India, Italy, Japan, Mexico, Norway, Russian Federation, South Africa, the United Kingdom, and the European Commission.

The opening ministerial session will feature:

· Spencer Abraham, Secretary of Energy
· Paula Dobriansky, Under Secretary of State for Global Affairs
· Daniel Yergin, chairman, Cambridge Energy Research Associates
· Claude Mandil, director, International Energy Agency
· Rajendra Pachauri, chairman, Intergovernmental Panel on Climate Change

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, un-mineable coal seams and deep saline reservoirs.

Carbon sequestration can also be achieved terrestrially in forests, crop and agricultural lands, and in wetlands. Additionally, naturally occurring reservoirs of carbon dioxide can be found in geologic formations throughout the United States and the world.

Although significant progress has been made in the science of carbon sequestration, the research is still in its infancy. The emphasis of the CSLF will be on sequestering carbon dioxide generated by fossil fuel fired power plants and other industrial facilities in geological formations.

The President’s Global Climate Change Initiative committed America to an aggressive new strategy to cut greenhouse gas intensity by 18 percent over the next 10 years. The initiative also supports vital climate change research and calls for the development of carbon sequestration technologies as means of reducing carbon dioxide emissions.

Coal is America’s least expensive and most abundant fuel. It is also the fuel that several of the world’s most populous countries, including China and India, expect to use in greater quantities to power their economic growth. The International Energy Agency estimates that overall world coal use will increase by about 50 percent between now and 2030 and by nearly two-thirds for power generation, mostly in developing countries.

“Because sequestration will likely be essential to limiting global carbon emissions, we must have a global effort devoted to marshalling the talents and resources from around the world,” Secretary Abraham said. “The Carbon Sequestration Leadership Forum will satisfy that need.”

The following are details about the Forum as well as the signing ceremony:
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 23-24, 2003
WHAT: Carbon Sequestration Leadership Forum Signing Ceremony
WHO: Department of Energy, Department of State, Invited Ministers from Developed and Developing Countries, European Union
Where: Mayflower Hotel, Stateroom
1127 Connecticut Ave., NW
Washington, D.C.
When: June 25, 2003

Individuals wishing to be credentialed to attend the Forum should contact, Kimberly Lietz, United States Energy Association, 1300 Pennsylvania Ave., N.W., Suite 520,Washington, D.C. 20004-3022, (202) 312-1230. Media are requested to pre-register and may do so at: .

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