Proponents of carbon sequestration say that capturing and storing carbon emissions before they enter the atmosphere would make it possible to rely longer on cheap fossil fuels for energy production instead of switching to more expensive renewables. Carbon sequestration would therefore reduce the costs of combatting climate change.
The development of carbon sequestration technologies is one of the key elements of President Bush's climate change strategy. With the Carbon Sequestration Leadership Forum, the US wants to stimulate international cooperation on developing and deploying carbon capture and storage technologies. Next to the United States and the European Union, countries such as Australia, Brazil, Canada, China, India, Japan, Russia, Mexico, South Africa and others are participating in this international forum.
