G8 Summit Launches Global Carbon Capture and Storage Institute
An organization to be known as the Global Carbon Capture and Storage Institute has been launched in L'Aquila, Prime Minister Silvio Berlusconi announced at the end of the final meeting of the MEF (Major Economies Forum), then passing the microphone over to Kevin Rudd, the prime minister of Australia, where the institute will be hosted, so that he could fill the media in on the details.
In the course of the news conference, Mr. Rudd explained that the idea is to promote the construction of structures and technologies throughout the world capable of turning harmful emissions into resources. The Global CCS Institute is to be hosted in Australia and all of the G8 member countries will be founder members. US President Barack Obama, British Prime Minister Gordon Brown, Canadian Prime Minister Stephen Harper, Mexican President Felipe Calderòn and President of the Korean Republic Lee Myung-bak all took the microphone at the conference to voice their support for the initiative.