CO2 storage capacity estimation: issues and development of standards.

Associated with the endeavours of geoscientists to pursue the promise that geological storage of CO₂has of potentially making deep cuts into greenhouse gas emissions, Governments around the world are dependent on reliable estimates of CO₂storage capacity and insightful indications of the viability of geological storage in their respective jurisdictions. Similarly, industry needs reliable estimates for business decisions regarding site selection and development. If such estimates are unreliable, and decisions are made based on poor advice, then valuable resources and time could be wasted. Policies that have been put in place to address CO₂emissions could be jeopardised. Estimates need to clearly state the limitations that existed (data, time, knowledge) at the time of making the assessment and indicate the purpose and future use to which the estimates should be applied. A set of guidelines for estimation of storage capacity will greatly assist future deliberations by government and industry on the appropriateness of geological storage of CO₂in different geological settings and political jurisdictions. This work has been initiated under the auspices of the Carbon Sequestration Leadership Forum (www.cslforum.org), and it is intended that it will be an ongoing taskforce to further examine issues associated with storage capacity estimation.