Transcript CCS legal and regulatory development

Global CCS legal and regulatory
developments
CCS: perspectives for the Southern African region
31 May 2011, Johannesburg
Justine Garrett
© OECD/IEA 2010
CCS Roadmap: an ambitious growth path for CCS
© OECD/IEA 2010
CCS Roadmap Legal and Regulatory Actions and
Milestones
 Existing legal and regulatory frameworks should be
reviewed and adapted for CCS demonstration by
2011 in OECD countries and by 2015 in all countries
 All countries should have a legal and regulatory
framework suitable for large-scale CCS deployment
by 2020
 International legal issues need to be resolved by
2012
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CCS Legal and Regulatory
Review
 Analyses global CCS
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regulatory progress
Released every 6 months
Contributions by national and
regional governments and
international organisations
Overview of recent and
expected developments
IEA analysis of key advances
and trends
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Progress to date: Edition 1, October 2010
 Significant progress made on legal and regulatory
frameworks
 Australia, North America, Europe
 Progress to date generally limited to OECD regions
 Work starting in non-OECD countries (e.g. South Africa,
Malaysia, Vietnam)
 Majority of countries still lack CCS regulatory frameworks
© OECD/IEA 2010
Edition 2, May 2011
 Released 27 May 2011
 Progress report from around 30 jurisdictions
 Key developments in global CCS regulation include
 Transposition of EU CCS Directive
 International marine treaty developments
 International climate change negotiations
 Talking process: developing CCS regulatory frameworks
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Transposition of EU CCS Directive
 Momentum gathering as transposition deadline
approaches
 25 June 2011 deadline
 Transposition process on track in countries such Spain,
Romania, France, the United Kingdom, Italy, Finland and
the Netherlands
 European Commission enforcement powers
 Guidance documents
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International marine treaty developments
 London Protocol and OSPAR Treaty
 2009 London Protocol amendment
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Amendment to enable cross-border transportation of CCS
Ratification required by 27/40 Contracting Parties
Only Norway has ratified to date; Dutch ratification pending
Only 16 additional Parties with current interest in CCS
Constraint on offshore storage cooperation
 OSPAR
 2007 amendment to enable sub-seabed CO2 injection
 Ratification by 7 Parties required; 6 ratifications to date with 2 pending
 Likely to enter into force in 2011
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International climate change negotiations
 CCS in the CDM
 6th Conference of the Parties serving as the Meeting of the Parties to the
Kyoto Protocol - Cancun – November/December 2011
 Decided CCS eligible under the CDM, subject to resolution of certain
specified issues
 Next steps
 Synthesis report of submissions from Parties being prepared by the UNFCCC
Secretariat (submissions closed 21 February 2011)
 Technical workshop with experts to be held between June and November
2011
 Draft modalities and procedures to be prepared by the UNFCCC Secretariat
for consideration by SBSTA in Durban, South Africa, November/December
2011
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Talking process: developing CCS regulation
 Identify purpose for CCS framework: demonstration v.
deployment
 Context: understanding existing legal landscape
 “Gap and barrier” analysis: how do existing frameworks
match up with what future CCS legislation would aim to
achieve?
 Amend existing regulation or develop dedicated
regulation
 Review regulation to ensure fit for purpose
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Talking process in the CCS Review
 What comes first: comprehensive CCS regulation, or CCS
demonstration?
 Coordinating within government
 “Gap and barrier” analysis
 Ensuring regulation is fit for purpose
© OECD/IEA 2010
IEA CCS Model Regulatory Framework
 Assists governments in the development of national
legal and regulatory frameworks
 Draws on current CCS legal and regulatory
developments in Europe, Australia, the United States,
and elsewhere
 Proposes key principles for handling regulatory issues
associated with CCS
 Non-prescriptive
© OECD/IEA 2010
Where does the Model Framework fit in?
 Model Framework synthesises international approach to
CCS regulation
 Inform governments on current regulatory approaches
 Reference point for “gap and barrier” analysis
 Identify purpose for CCS framework: demonstration v. deployment
 Context: understanding existing legal landscape
 “Gap and barrier” analysis: how do existing frameworks match up with
what future CCS legislation would aim to achieve?
 Amend existing regulation or develop dedicated regulation
 Review regulation to ensure fit for purpose
© OECD/IEA 2010
[email protected]
www.iea.org/ccs/legal.asp
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