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ADB aids China $1.25M to cut carbon emissions
(Xinhua)
Updated: 2009-07-09 23:40

BEIJING: The Asian Development Bank (ADB) said here Thursday that it would provide China US$1.25 million of technical assistance to help develop a new technology to reduce greenhouse gas emissions.

The technical assistance would produce a comprehensive road map for carbon dioxide capture and storage (CCS) demonstration projects for China, as well as make policies, legal and regulatory frameworks for the country to promote CCS use, the ADB said.

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The project would also identify priority demonstration projects and their financing needs, as well as undertake capacity assessment and comprehensive capacity development in critical areas of CCS demonstration, ADB added, noting that it would support China to develop its first integrated gasification combined cycle (IGCC) demonstration power plant in Tianjin city under the project.

The ADB said CCS application was particularly suited to the IGCC power plant, which turned coal into synthetic gas to power gas turbines. The impurities from synthetic gas, including carbon dioxide, could be removed or captured before its combustion, which allowed low-cost capture from a power plant.

"CCS is in its early stage of development globally and demonstrations projects need to be undertaken," said Ashok Bhargava, senior energy specialist of ADB's East Asia Department. "The full benefit of such a technology can't be achieved unless it is used in major coal-based developing economies such as India and China."

The ADB said total investment of the technical assistance project was US$1.55 million, with the balance to come from the Chinese government.