ABSTRACT

This chapter focuses on Intellectual Property Rights (IPRs) related to Carbon Capture and Storage technologies, and explores financing and other enabling conditions for the commercialization of Carbon Capture and Storage (CCS) technologies in the Indian context with reference to the coal sector. The issue of IPRs assumes significance to India as technology transfer can be inhibited by patents obtaining over CCS technologies. This can be obviated by business partnership models that promise enabling conditions for technology transfer. The chapter argues that, despite policy concerns, sound technology transfer regimes can provide viable solutions to issues arising from IPRs, and CCS could be a commercial reality in coal- and oil-dependent countries of Asia in general and India in particular. Since financial resources are limited in comparison to potential investment avenues, the challenge of allocating financial resources to CCS projects needs to be presaged upon technical, economic and environmental assessment exercises.