March 2014 | AIChE

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March 2014

MVA & Risk Analysis, Policy, Business & Law

CO 2 MVA & Risk Analysis Public doubts over safety and accountability of CCUS have already hampered its introduction. In 2006, the United Nations Framework Convention on Climate Change in Nairobi failed to sanction geological storage due to political uncertainties. Thus, to gain the trust of the public at large, CCUS research will need to focus on verification and accounting. In recognition of the importance of monitoring and verification, the Department of Energy has set ambitious goals for CO 2 retention, demanding strict accounting standards for storage inventories. Indeed, DOE’s...

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