IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v31y2014icp368-385.html
   My bibliography  Save this article

Energy related CO2 emissions and the progress on CCS projects: A review

Author

Listed:
  • Nataly Echevarria Huaman, Ruth
  • Xiu Jun, Tian

Abstract

This review paper discusses the perspectives for development of carbon capture and storage (CCS) technologies in the global fight against climate change, such as low-carbon technology which is a vital component to reduce future carbon emissions. The information on the level and growth of CO2 emissions, their source and geographic distribution, will be essential to lay the foundation for a global agreement; considering only for energy-related CO2, and not for any other greenhouse gases. We analyzed the distribution of the CO2 emission intensity related to them. Besides, in order to predict possible future situations of energy consumption, CO2 emissions intensity and the CCS role like the largest emission reduction potential, the International Energy Agency (IEA) has developed a number of scenarios; the baseline scenarios and comparative scenarios. We used the approach of the Blue Map Scenarios, bringing the 2005s emissions to a level of 50% by 2050 for a non-catastrophic human intervention in the climate system. Moreover, this paper shows the barriers, strategies for accelerating and the stages in the technology deployment. We also analyzed the CCS projects status; Challenges, SWOT analysis, and the currently Global CCS Technology Activity. For this, we consider the Large Scale Integrated Projects (LSIP), and the asset life-cycle model was used to categorize the status of a project according to its development stage. Alongside, the analysis involves: Total LSIPs by geographic region, by Industry and CO2 Capture Technology. In addition, we also made a scope on some of the most relevant international actions in order to stimulate the fulfillment of the CO2 intensity target.

Suggested Citation

  • Nataly Echevarria Huaman, Ruth & Xiu Jun, Tian, 2014. "Energy related CO2 emissions and the progress on CCS projects: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 31(C), pages 368-385.
  • Handle: RePEc:eee:rensus:v:31:y:2014:i:c:p:368-385
    DOI: 10.1016/j.rser.2013.12.002
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364032113008162
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.rser.2013.12.002?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jan Horst Keppler, 2013. "Climate Change, Security of Supply and Competitiveness: Does Europe Have the Means to Implement its Ambitious Energy Vision?," Palgrave Macmillan Books, in: Jean-Marie Chevalier & Patrice Geoffron (ed.), The New Energy Crisis, edition 2, chapter 7, pages 192-216, Palgrave Macmillan.
    2. Sharma, Atul & Srivastava, Jaya & Kar, Sanjay Kumar & Kumar, Anil, 2012. "Wind energy status in India: A short review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(2), pages 1157-1164.
    3. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Jean-Marie Chevalier, 2009. "The New Energy Crisis," Palgrave Macmillan Books, in: Jean-Marie Chevalier (ed.), The New Energy Crisis, chapter 1, pages 6-59, Palgrave Macmillan.
    5. repec:dau:papers:123456789/5273 is not listed on IDEAS
    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. Strand, Jon, 2011. "Carbon offsets with endogenous environmental policy," Energy Economics, Elsevier, vol. 33(2), pages 371-378, March.
    2. Bosetti, Valentina & Carraro, Carlo & Duval, Romain & Tavoni, Massimo, 2011. "What should we expect from innovation? A model-based assessment of the environmental and mitigation cost implications of climate-related R&D," Energy Economics, Elsevier, vol. 33(6), pages 1313-1320.
    3. Fujii, Hidemichi & Managi, Shunsuke, 2013. "Which industry is greener? An empirical study of nine industries in OECD countries," Energy Policy, Elsevier, vol. 57(C), pages 381-388.
    4. Simon Levin & Anastasios Xepapadeas, 2021. "On the Coevolution of Economic and Ecological Systems," Annual Review of Resource Economics, Annual Reviews, vol. 13(1), pages 355-377, October.
    5. Golub, Alexander (Голуб, Александр), 2018. "Methodological Issues of Assessing Investment Risks in Projects Weakening the Dependence of the Russian Economy on Natural Resources and Providing a Transition to Low-Carbon Development [Методологи," Working Papers 071802, Russian Presidential Academy of National Economy and Public Administration.
    6. Steve Newbold & Charles Griffiths & Christopher C. Moore & Ann Wolverton & Elizabeth Kopits, 2010. "The "Social Cost of Carbon" Made Simple," NCEE Working Paper Series 201007, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Aug 2010.
    7. Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2014. "What Do We Learn from the Weather? The New Climate-Economy Literature," Journal of Economic Literature, American Economic Association, vol. 52(3), pages 740-798, September.
    8. Lawrence H. Goulder, 2013. "Markets for Pollution Allowances: What Are the (New) Lessons?," Journal of Economic Perspectives, American Economic Association, vol. 27(1), pages 87-102, Winter.
    9. Merriam Haffar & Cory Searcy, 2018. "Target‐setting for ecological resilience: Are companies setting environmental sustainability targets in line with planetary thresholds?," Business Strategy and the Environment, Wiley Blackwell, vol. 27(7), pages 1079-1092, November.
    10. Roos, Michael W. M., 2015. "The macroeconomics of radical uncertainty," Ruhr Economic Papers 592, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    11. Sam Fankhauser & Cameron Hepburn, 2009. "Carbon markets in space and time," GRI Working Papers 3, Grantham Research Institute on Climate Change and the Environment.
    12. Matthias Schmidt & Hermann Held & Elmar Kriegler & Alexander Lorenz, 2013. "Climate Policy Under Uncertain and Heterogeneous Climate Damages," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(1), pages 79-99, January.
    13. Patrick Criqui & Constantin Ilasca, 2011. "Les scénarios sur l'énergie et le climat. L'avant et l'après-Copenhague," Post-Print halshs-00582431, HAL.
    14. Hope Corman & Dhaval Dave & Nancy E. Reichman, 2018. "Evolution of the Infant Health Production Function," Southern Economic Journal, John Wiley & Sons, vol. 85(1), pages 6-47, July.
    15. Stefano Bartolini & Francesco Sarracino, 2021. "Happier and Sustainable. Possibilities for a post-growth society," Department of Economics University of Siena 855, Department of Economics, University of Siena.
    16. Seth D. Baum & Timothy M. Maher & Jacob Haqq-Misra, 2013. "Double catastrophe: intermittent stratospheric geoengineering induced by societal collapse," Environment Systems and Decisions, Springer, vol. 33(1), pages 168-180, March.
    17. Warwick J. McKibbin & Adele C. Morris & Peter J. Wilcoxen, 2014. "The Economic Consequences of Delay in US Climate Policy," CCEP Working Papers 1408, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
    18. Luca Gerotto & Paolo Pellizzari, 2021. "A replication of Pindyck’s willingness to pay: on the efforts required to obtain results," SN Business & Economics, Springer, vol. 1(5), pages 1-25, May.
    19. Pye, Steve & Sabio, Nagore & Strachan, Neil, 2015. "An integrated systematic analysis of uncertainties in UK energy transition pathways," Energy Policy, Elsevier, vol. 87(C), pages 673-684.
    20. Veronesi, Marcella & Reutemann, Tim & Zabel, Astrid & Engel, Stefanie, 2015. "Designing REDD+ schemes when forest users are not forest landowners: Evidence from a survey-based experiment in Kenya," Ecological Economics, Elsevier, vol. 116(C), pages 46-57.

    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:eee:rensus:v:31:y:2014:i:c:p:368-385. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    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.