(Energy Analytics Institute, 7.Sep.2024) — Trinidad and Tobago’s head of the Ministry of Energy and Energy Industries (MEEI), Stuart R. Young, Acting Prime Minister of the Republic of Trinidad and Tobago, called for a move from conversation on carbon capture and storage (CCS) to implementation due to the urgency of addressing climate change, within the context of Trinidad and Tobago’s hydrocarbon economy and its global exports.
Stuart’s comments came during his feature address at the International Carbon Capture and Storage (CCS) Symposium which was hosted at the UWI Conference Centre, St. Augustine Campus on 6 Sep. 2024.
Young urged participants at the symposium to leverage the strength of the global conversations that he has been having with organizations such as the European Union (EU), where the negative financial effects of the EU’s Carbon Border Adjustment Mechanism (CBAM) on smaller states such as Trinidad and Tobago were underscored by the minister, the MEEI announced 7 Sep. 2024 in an official statement.
“CCS is an important component in the continuation and the sustainability of our energy sector as we stay globally competitive,” Young said during his speech.
Young also advised participants at the Symposium to look at Trinidad and Tobago’s infrastructure as a competitive advantage as 95% of the county’s petrochemical plants are located strategically in a cluster at the Point Lisas Industrial Estate making it perfect for a partnership between the private sector and the government to build the CCS and then pipeline it.
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