California Energy Leaders Launch Coalition to Advance Capture and Storage of Greenhouse Gases

--(BUSINESS WIRE)--California CCS Coalition:

“Meeting California's Long-Term Greenhouse Gas Reduction Goals”

WHAT:	Energy organizations with an interest in advancing carbon capture and storage (CCS) in California will announce the launch of a new statewide coalition to foster CCS development and deployment.
	The group, California CCS Coalition, will offer details on the organization's goals and share findings from a new study confirming California is not likely to attain its long-term target of reducing greenhouse gas emissions without investment in new, more efficient and lower-carbon infrastructure, including the use of CCS. The study, "Meeting California's Long-Term Greenhouse Gas Reduction Goals," is the first comprehensive look at the steps necessary to cut statewide greenhouse gas emissions by the year 2050.
	Coalition representatives as well as authors of the study, Energy and Environmental Economics, Inc. (E3), will be on hand to make presentations and answer questions.
WHEN:	Wednesday, March 10, 2010, 12:30 to 2 p.m.
	Includes no-cost lunch and presentations
	To attend, call 213-615-1621 or e-mail [e-mail]
WHERE:	Hyatt Regency Sacramento at Capitol Park
	1209 L. Street, Tahoe Room, 2nd Floor
BACKGROUND:	Prompted by E3's study, the coalition was created to ensure CCS is an important part of any state carbon stabilization program with the goal of bringing voices to the table throughout the state to demonstrate CCS is practical, effective and safe.
	CCS is the process by which carbon dioxide, or CO2, the most common greenhouse gas, is separated from hydrocarbons in fossil fuels such as coal, natural gas, or petroleum coke, and then stored in deep underground formations. Among the best geologic formations in which to store CO2 are in sufficiently depleted oil and gas reservoirs.