Accéder directement au contenu Accéder directement à la navigation
Article dans une revue

The impact of carbon capture and storage on overall mitigation policy

Abstract : Policy makers, as well as many economists, recognize geological carbon capture and storage (CCS) as an option for avoiding costly emission reductions. While an extreme perspective is to envision CCS as a magic bullet to solve the issue of climate change, a more balanced economics perspective would situate this approach within a portfolio of mitigation actions. CCS can be implemented with two purposes: it can act as a substitute for other technological efforts to reach a given environmental target and it offers the potential for additional emission reductions to reach a 'safer' climate target. In order to balance these two possible ways of utilizing CCS and to assess their respective effects on early policy strategies, we have undertaken a two fold numerical experiment. First, a cost-efficiency analysis was undertaken, where the sole effect of CCS was substitution for other efforts. This was followed by a cost-benefit analysis where both purposes had to be balanced. We find that future availability of CCS is less of a reason to relax near-term abatement efforts than what could be inferred from previous analyses. Moreover, the cost-benefit analysis indicates that environmental targets should be more ambitious when CCS is included in the picture. 2007 Earthscan.
Liste complète des métadonnées

https://hal-enpc.archives-ouvertes.fr/hal-00716171
Contributeur : Ist Enpc <>
Soumis le : mardi 10 juillet 2012 - 10:15:31
Dernière modification le : vendredi 2 octobre 2020 - 23:26:01

Identifiants

  • HAL Id : hal-00716171, version 1

Collections

Citation

L. Gilotte, V. Bosetti. The impact of carbon capture and storage on overall mitigation policy. Climate Policy, Taylor & Francis, 2007, 7 (1), pp.3. ⟨hal-00716171⟩

Partager

Métriques

Consultations de la notice

638