Howard Herzog (MIT): Carbon Capture and Storage at a Crossroads
CCS consists of capturing carbon dioxide from the exhaust gases of large stationary sources and storing it in geologic formations. It has the potential to be a major mitigation option, along with energy efficiency, renewables, and nuclear power. It has some inherent strengths, including (1) producing dispatchable power (as opposed to intermittent power from wind and solar), (2) being the only mitigation technology that can rescue potentially hundreds of trillions of dollars of stranded fossil assets, and (3) providing a major pathway to negative emissions when combined with biomass-fired power plants. Over the past 25 years, CCS technology development has made great strides and is now ready for commercial scale demonstration and deployment. However, because the necessary markets have not developed due to lack of strong climate policy, it is now at a crossroads. This talk will review the current status of CCS technology and examine the paths forward for CCS under various policy scenarios.
Saieh Hall 021
Howard Herzog is a Senior Research Engineer in the MIT Energy Initiative. He received his undergraduate and graduate education in Chemical Engineering at MIT. Since 1989, he has been on the MIT research staff, where he works on sponsored research involving energy and the environment, with an emphasis on greenhouse gas mitigation technologies. He was a coordinating lead author for the IPCC Special Report on Carbon Dioxide Capture and Storage, a co-author on the MIT Future of Coal Study and a US delegate to the Carbon Sequestration Leadership Forum's Technical Group. He was awarded the 2010 Greenman Award by the IEAGHG "in recognition of contributions made to the development of greenhouse gas control technologies."