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On February 3, 2010, President Obama sent a memorandum to the heads of fourteen Executive Departments and Federal Agencies establishing an Interagency Task Force on Carbon Capture and Storage. The goal was to develop a comprehensive and coordinated Federal strategy to speed the commercial development and deployment of clean coal technologies. The Task Force, co-chaired by the Department of Energy and the Environmental Protection Agency, was charged with proposing a plan to overcome the barriers to the widespread, cost-effective deployment of CCS within 10 years, with a goal of bringing five to 10 commercial demonstration projects online by 2016.
On August 12, 2010, the Task Force delivered a series of recommendations to the President on overcoming the barriers to the widespread, cost-effective deployment of CCS within ten years. The report concluded that CCS can play an important role in domestic GHG emissions reductions while preserving the option of using abundant domestic fossil energy resources. However, widespread cost-effective deployment of CCS will occur only if the technology is commercially available at economically competitive prices and supportive national policy frameworks are in place. The Task Force's recommendations included specific actions to help overcome remaining barriers and achieve the President's goals.