As far as carbon capture and storage is concerned, the technology is already available. The cost is evaluated at over $30 per tonne of CO2. This means that if the government wanted to immediately begin implementing a regulated system of targets with an emission right trading system for about $30 per tonne of emissions, carbon capture would happen on a wide scale, and all this would begin immediately. This technology is already being applied on a large scale in Norway, in Algeria and in various other places throughout the world. It's already there.
On November 28th, 2006. See this statement in context.