CALGARY, Alberta, March 12 (UPI) -- Canada's best choice for emissions reduction is carbon capture, a recent study said.
An independent study recently completed by The Delphi Group ranks carbon capture and storage as one of Canada's most significant carbon dioxide reduction opportunities, Canada News reported.
The study also ranks the costs of CCS as competitive with renewable energy and other options. This analysis was done on a cost per ton of carbon dioxide reduced.
Delphis' Assessment of GHG Emission Reduction Alternatives in a Canadian Context was commissioned by the Integrated Carbon Dioxide Network to review the potential supply, timing and cost of carbon dioxide reductions from a variety of alternatives out to 2020.
Conclusions suggest that by 2020 replacing coal followed by carbon capture and storage with vehicle fuel efficiency improvements a close third, will present the most significant opportunities for volume of emissions reductions.
"This comparative analysis of volume and cost results for carbon dioxide emission reduction alternatives is one of the first of its kind in Canada," said Delphi Group President Mike Gerbis. "We believe it is a valuable contribution to the ongoing discussion of how Canada can best meet the climate change challenge."
By 2020, the potential total reduction from all of these alternatives combined is just over 100 megatons of emissions per year.