IDEAS home Printed from https://ideas.repec.org/a/ces/ifosdt/v69y2016i05p51-54.html
   My bibliography  Save this article

Climate Notes: “Carbon Capture and Storage” – What is the Cost of Cutting Emissions?

Author

Listed:
  • Christian Leßmann
  • Arne Steinkraus

Abstract

Christian Leßmann and Arne Steinkraus, Technical University of Braunschweig, show that, despite its high cost, CCS technology, which extracts carbon dioxide from power plant emissions and subsequently stores it underground, can help to lower global greenhouse gas emissions.

Suggested Citation

  • Christian Leßmann & Arne Steinkraus, 2016. "Climate Notes: “Carbon Capture and Storage” – What is the Cost of Cutting Emissions?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 69(05), pages 51-54, March.
    • Handle: RePEc:ces:ifosdt:v:69:y:2016:i:05:p:51-54
    as

    Download full text from publisher

    File URL: https://www.ifo.de/DocDL/sd-2016-05-lessmann-steinkruas-kzk-ccs-2016-03-10.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Steinkraus, Arne, 2015. "Coal and Gas - From Cradle to Grave with Carbon Capture and Storage," Economics Department Working Paper Series 14, Technische Universität Braunschweig, Economics Department.
    2. Gibbins, Jon & Chalmers, Hannah, 2008. "Carbon capture and storage," Energy Policy, Elsevier, vol. 36(12), pages 4317-4322, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Setiawan, Andri D. & Cuppen, Eefje, 2013. "Stakeholder perspectives on carbon capture and storage in Indonesia," Energy Policy, Elsevier, vol. 61(C), pages 1188-1199.
    2. Xiaolong, Chen & Yiqiang, Li & Xiang, Tang & Huan, Qi & Xuebing, Sun & Jianghao, Luo, 2021. "Effect of gravity segregation on CO2 flooding under various pressure conditions: Application to CO2 sequestration and oil production," Energy, Elsevier, vol. 226(C).
    3. Barelli, L. & Ottaviano, A., 2014. "Solid oxide fuel cell technology coupled with methane dry reforming: A viable option for high efficiency plant with reduced CO2 emissions," Energy, Elsevier, vol. 71(C), pages 118-129.
    4. Xie, Heping & Liu, Tao & Wang, Yufei & Wu, Yifan & Wang, Fuhuan & Tang, Liang & Jiang, Wen & Liang, Bin, 2017. "Enhancement of electricity generation in CO2 mineralization cell by using sodium sulfate as the reaction medium," Applied Energy, Elsevier, vol. 195(C), pages 991-999.
    5. Aydin, Gokhan & Karakurt, Izzet & Aydiner, Kerim, 2010. "Evaluation of geologic storage options of CO2: Applicability, cost, storage capacity and safety," Energy Policy, Elsevier, vol. 38(9), pages 5072-5080, September.
    6. Sagar Roy & Smruti Ragunath, 2018. "Emerging Membrane Technologies for Water and Energy Sustainability: Future Prospects, Constraints and Challenges," Energies, MDPI, vol. 11(11), pages 1-32, November.
    7. Stewart Russell & Nils Markusson & Vivian Scott, 2012. "What will CCS demonstrations demonstrate?," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 17(6), pages 651-668, August.
    8. Dongdong Song & Tong Jiang & Chuanping Rao, 2022. "Review of Policy Framework for the Development of Carbon Capture, Utilization and Storage in China," IJERPH, MDPI, vol. 19(24), pages 1-16, December.
    9. Jiang, Kai & Ashworth, Peta & Zhang, Shiyi & Hu, Guoping, 2022. "Print media representations of carbon capture utilization and storage (CCUS) technology in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 155(C).
    10. Lin, Chih-Wei & Nazeri, Mahmoud & Bhattacharji, Ayan & Spicer, George & Maroto-Valer, M. Mercedes, 2016. "Apparatus and method for calibrating a Coriolis mass flow meter for carbon dioxide at pressure and temperature conditions represented to CCS pipeline operations," Applied Energy, Elsevier, vol. 165(C), pages 759-764.
    11. Cavalcanti, Eduardo J.C. & Lima, Matheus S.R. & de Souza, Gabriel F., 2020. "Comparison of carbon capture system and concentrated solar power in natural gas combined cycle: Exergetic and exergoenvironmental analyses," Renewable Energy, Elsevier, vol. 156(C), pages 1336-1347.
    12. Kemp, Alexander G. & Sola Kasim, A., 2010. "A futuristic least-cost optimisation model of CO2 transportation and storage in the UK/UK Continental Shelf," Energy Policy, Elsevier, vol. 38(7), pages 3652-3667, July.
    13. Maitri Verma & Alok Kumar Verma & A. K. Misra, 2021. "Mathematical modeling and optimal control of carbon dioxide emissions from energy sector," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(9), pages 13919-13944, September.
    14. Junya Wang & Qiuyun Pu & Ping Ning & Shijian Lu, 2021. "Activated carbon‐based composites for capturing CO2: a review," Greenhouse Gases: Science and Technology, Blackwell Publishing, vol. 11(2), pages 377-393, April.
    15. Christian von Hirschhausen & Johannes Herold & Pao-Yu Oei, 2012. "How a "Low Carbon" Innovation Can Fail--Tales from a "Lost Decade" for Carbon Capture, Transport, and Sequestration (CCTS)," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
    16. Qingchang Li & Seungkook Roh & Jin Won Lee, 2020. "Segmenting the South Korean Public According to Their Preferred Direction for Electricity Mix Reform," Sustainability, MDPI, vol. 12(21), pages 1-17, October.
    17. Shin, Jungwoo & Lee, Chul-Yong & Kim, Hongbum, 2016. "Technology and demand forecasting for carbon capture and storage technology in South Korea," Energy Policy, Elsevier, vol. 98(C), pages 1-11.
    18. Pappalardo, G. & Selvaggi, R. & Pecorino, B., 2022. "Biomethane production potential in Southern Italy: An empirical approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 158(C).
    19. Rahman, Farahiyah Abdul & Aziz, Md Maniruzzaman A. & Saidur, R. & Bakar, Wan Azelee Wan Abu & Hainin, M.R & Putrajaya, Ramadhansyah & Hassan, Norhidayah Abdul, 2017. "Pollution to solution: Capture and sequestration of carbon dioxide (CO2) and its utilization as a renewable energy source for a sustainable future," Renewable and Sustainable Energy Reviews, Elsevier, vol. 71(C), pages 112-126.
    20. Koo, Jamin & Han, Kyusang & Yoon, En Sup, 2011. "Integration of CCS, emissions trading and volatilities of fuel prices into sustainable energy planning, and its robust optimization," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 665-672, January.

    More about this item

    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ifosdt:v:69:y:2016:i:05:p:51-54. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.