G20 Foundation Publications China 2016 | Page 51

For example, Advanced Resources International estimates that 70 to 90 trillion cubic feet (TCF) of coal-bed methane are present in India 4 . Of this resource, only 20 TCF are recoverable with conventional methods. An additional 15 to 18 TCF are potentially recoverable with ECBM, which would also store billions of tons of CO 2 safely and securely underground. Natural gas, including methane, will be an important bridge fuel for decades. How does Enhanced Coal-Bed Methane Recovery work? coal consumption reaches a plateau around 2020, with usage declining in the OECD but increasing in developing countries. India, China, and Indonesia account for most of this growth in coal use, with associated increases in local air pollution and consumptive water use for energy production. The IEA’s INDC Scenario envisions the world on a path to a long-term warming of 2.60C. Using this scenario, the IPCC² estimate of the amount of fossil fuel that can be burned and still limit future global warming to 20C is fully exhausted by 2040. Additional combustion of high- carbon fossil fuels will lead the world further down the path toward dangerous interference in the global climate system. How Innovative CCUS Technology can Help Meet the Challenge Cleaner fossil energy technologies can help facilitate the development of intermittent renewable energy technologies and minimize the negative environmental impacts of conventional fossil energy supply and use. One CCUS strategy, in particular, seems likely to create near-term, win-win opportunities that are highly relevant for developing countries. The application of oxy-combustion (i.e., the burning of fossil fuels in a boiler with nearly pure oxygen) in existing and new power plants enables cost-effective capture of highly concentrated CO 2 . Co-benefits from applying oxy-combustion carbon-capture technologies include air pollutant control and making CO 2 available as a useful and marketable product. These an