IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v13y2021i21p11625-d661361.html
   My bibliography  Save this article

Circular Carbon Economy (CCE): A Way to Invest CO 2 and Protect the Environment, a Review

Author

Listed:
  • Latifah M. Alsarhan

    (Department of Chemistry, College of Science, Princess Nourah Bint Abdulrahman University, Riyadh 11671, Saudi Arabia)

  • Alhanouf S. Alayyar

    (Department of Chemistry, College of Science, Princess Nourah Bint Abdulrahman University, Riyadh 11671, Saudi Arabia)

  • Naif B. Alqahtani

    (King Abdulaziz City for Science and Technology, P.O. Box 6086, Riyadh 11442, Saudi Arabia)

  • Nezar H. Khdary

    (King Abdulaziz City for Science and Technology, P.O. Box 6086, Riyadh 11442, Saudi Arabia)

Abstract

Increased levels of carbon dioxide have revolutionised the Earth; higher temperatures, melting icecaps, and flooding are now more prevalent. Fortunately, renewable energy mitigates this problem by making up 20% of human energy needs. However, from a “green environment” perspective, can carbon dioxide emissions in the atmosphere be reduced and eliminated? The carbon economic circle is an ideal solution to this problem, as it enables us to store, use, and remove carbon dioxide. This research introduces the circular carbon economy (CCE) and addresses its economic importance. Additionally, the paper discusses carbon capture and storage (CCS), and the utilisation of CO 2 . Furthermore, it explains current technologies and their future applications on environmental impact, CO 2 capture, utilisation, and storage (CCUS). Various opinions on the best way to achieve zero carbon emissions and on CO 2 applications and their economic impact are also discussed. The circular carbon economy can be achieved through a highly transparent global administration that is supportive of advanced technologies that contribute to the efficient utilisation of energy sources. This global administration must also provide facilities to modernise and develop factories and power stations, based on emission-reducing technologies. Monitoring emissions in countries through a global monitoring network system, based on actual field measurements, linked to a worldwide database allows all stakeholders to track the change in greenhouse gas emissions. The process of sequestering carbon dioxide in the ocean is affected by the support for technologies and industries that adopt the principle of carbon recycling in order to maintain the balance. This includes supporting initiatives that contribute to increasing vegetation cover and preserving oceans from pollutants, especially chemicals and radioactive pollutants, which will undoubtedly affect the process of sequestering carbon dioxide in the oceans, and this will contribute significantly to maintaining carbon dioxide at acceptable levels.

Suggested Citation

  • Latifah M. Alsarhan & Alhanouf S. Alayyar & Naif B. Alqahtani & Nezar H. Khdary, 2021. "Circular Carbon Economy (CCE): A Way to Invest CO 2 and Protect the Environment, a Review," Sustainability, MDPI, vol. 13(21), pages 1-25, October.
  • Handle: RePEc:gam:jsusta:v:13:y:2021:i:21:p:11625-:d:661361
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/13/21/11625/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/13/21/11625/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Meunier, Nicolas & Chauvy, Remi & Mouhoubi, Seloua & Thomas, Diane & De Weireld, Guy, 2020. "Alternative production of methanol from industrial CO2," Renewable Energy, Elsevier, vol. 146(C), pages 1192-1203.
    2. Zhang, Ning & Duan, Huabo & Miller, Travis R. & Tam, Vivian W.Y. & Liu, Gang & Zuo, Jian, 2020. "Mitigation of carbon dioxide by accelerated sequestration in concrete debris," Renewable and Sustainable Energy Reviews, Elsevier, vol. 117(C).
    3. Song, Chunfeng & Liu, Qingling & Deng, Shuai & Li, Hailong & Kitamura, Yutaka, 2019. "Cryogenic-based CO2 capture technologies: State-of-the-art developments and current challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 101(C), pages 265-278.
    4. Lars Ingolf Eide & Melissa Batum & Tim Dixon & Zabia Elamin & Arne Graue & Sveinung Hagen & Susan Hovorka & Bamshad Nazarian & Pål Helge Nøkleby & Geir Inge Olsen & Philip Ringrose & Raphael Augusto M, 2019. "Enabling Large-Scale Carbon Capture, Utilisation, and Storage (CCUS) Using Offshore Carbon Dioxide (CO 2 ) Infrastructure Developments—A Review," Energies, MDPI, vol. 12(10), pages 1-21, May.
    5. Jakovac, Catarina C. & Latawiec, Agnieszka Ewa & Lacerda, Eduardo & Leite Lucas, Isabella & Korys, Katarzyna Anna & Iribarrem, Alvaro & Malaguti, Gustavo Abreu & Turner, R. Kerry & Luisetti, Tiziana &, 2020. "Costs and Carbon Benefits of Mangrove Conservation and Restoration: A Global Analysis," Ecological Economics, Elsevier, vol. 176(C).
    6. Lena Mikhelkis & Venkatesh Govindarajan, 2020. "Techno-Economic and Partial Environmental Analysis of Carbon Capture and Storage (CCS) and Carbon Capture, Utilization, and Storage (CCU/S): Case Study from Proposed Waste-Fed District-Heating Inciner," Sustainability, MDPI, vol. 12(15), pages 1-18, July.
    7. Santori, Giulio & Charalambous, Charithea & Ferrari, Maria-Chiara & Brandani, Stefano, 2018. "Adsorption artificial tree for atmospheric carbon dioxide capture, purification and compression," Energy, Elsevier, vol. 162(C), pages 1158-1168.
    8. Vitor H. F. Gomes & Ima C. G. Vieira & Rafael P. Salomão & Hans ter Steege, 2019. "Amazonian tree species threatened by deforestation and climate change," Nature Climate Change, Nature, vol. 9(7), pages 547-553, July.
    9. Victoria Kihlström & Jörgen Elbe, 2021. "Constructing Markets for Solar Energy—A Review of Literature about Market Barriers and Government Responses," Sustainability, MDPI, vol. 13(6), pages 1-20, March.
    10. Matthew Langholtz & Ingrid Busch & Abishek Kasturi & Michael R. Hilliard & Joanna McFarlane & Costas Tsouris & Srijib Mukherjee & Olufemi A. Omitaomu & Susan M. Kotikot & Melissa R. Allen-Dumas & Chri, 2020. "The Economic Accessibility of CO 2 Sequestration through Bioenergy with Carbon Capture and Storage (BECCS) in the US," Land, MDPI, vol. 9(9), pages 1-24, August.
    11. Korhonen, Jouni & Honkasalo, Antero & Seppälä, Jyri, 2018. "Circular Economy: The Concept and its Limitations," Ecological Economics, Elsevier, vol. 143(C), pages 37-46.
    12. Rizos, Vasileios & Egenhofer, Christian & Elkerbout, Milan, 2019. "Circular economy for climate neutrality: Setting the priorities for the EU," CEPS Papers 25584, Centre for European Policy Studies.
    13. Maldal, T & Tappel, I.M, 2004. "CO2 underground storage for Snøhvit gas field development," Energy, Elsevier, vol. 29(9), pages 1403-1411.
    14. Farajzadeh, R. & Eftekhari, A.A. & Dafnomilis, G. & Lake, L.W. & Bruining, J., 2020. "On the sustainability of CO2 storage through CO2 – Enhanced oil recovery," Applied Energy, Elsevier, vol. 261(C).
    15. Deng Jie Long & Li Tang, 2021. "The impact of socio-economic institutional change on agricultural carbon dioxide emission reduction in China," PLOS ONE, Public Library of Science, vol. 16(5), pages 1-14, May.
    16. Ali Mostafaeipour & Seyyed Jalaladdin Hosseini Dehshiri & Seyyed Shahabaddin Hosseini Dehshiri & Mehdi Jahangiri & Kuaanan Techato, 2020. "A Thorough Analysis of Potential Geothermal Project Locations in Afghanistan," Sustainability, MDPI, vol. 12(20), pages 1-17, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yaozong Zhu & Yezhu Wang & Baohuan Zhou & Xiaoli Hu & Yundong Xie, 2023. "A Patent Bibliometric Analysis of Carbon Capture, Utilization, and Storage (CCUS) Technology," Sustainability, MDPI, vol. 15(4), pages 1-20, February.
    2. Shinsuke Murakami & Kotaro Shimizu & Chiharu Tokoro & Takashi Nakamura, 2022. "Role of Resource Circularity in Carbon Neutrality," Sustainability, MDPI, vol. 14(24), pages 1-13, December.
    3. Stephen Okyere & Jiaqi Yang & Charles Anum Adams, 2022. "Optimizing the Sustainable Multimodal Freight Transport and Logistics System Based on the Genetic Algorithm," Sustainability, MDPI, vol. 14(18), pages 1-21, September.
    4. Nadia Yusuf & Miltiadis D. Lytras, 2023. "Competitive Sustainability of Saudi Companies through Digitalization and the Circular Carbon Economy Model: A Bold Contribution to the Vision 2030 Agenda in Saudi Arabia," Sustainability, MDPI, vol. 15(3), pages 1-20, February.
    5. Griffiths, Steve & Sovacool, Benjamin K. & Furszyfer Del Rio, Dylan D. & Foley, Aoife M. & Bazilian, Morgan D. & Kim, Jinsoo & Uratani, Joao M., 2023. "Decarbonizing the cement and concrete industry: A systematic review of socio-technical systems, technological innovations, and policy options," Renewable and Sustainable Energy Reviews, Elsevier, vol. 180(C).
    6. Zhengai Dong & Lichen Zhang & Houjian Li & Yanhui Gong & Yue Jiang & Qiumei Peng, 2022. "Knowledge Mapping and Institutional Prospects on Circular Carbon Economy Based on Scientometric Analysis," IJERPH, MDPI, vol. 19(19), pages 1-25, September.
    7. Aubaid Ullah & Nur Awanis Hashim & Mohamad Fairus Rabuni & Mohd Usman Mohd Junaidi, 2023. "A Review on Methanol as a Clean Energy Carrier: Roles of Zeolite in Improving Production Efficiency," Energies, MDPI, vol. 16(3), pages 1-35, February.
    8. Karel Diéguez-Santana & Liliana B. Sarduy-Pereira & Neyfe Sablón-Cossío & Horacio Bautista-Santos & Fabiola Sánchez-Galván & Sebastiana del Monserrate Ruíz Cedeño, 2022. "Evaluation of the Circular Economy in a Pitahaya Agri-Food Chain," Sustainability, MDPI, vol. 14(5), pages 1-17, March.

    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. Zhengai Dong & Lichen Zhang & Houjian Li & Yanhui Gong & Yue Jiang & Qiumei Peng, 2022. "Knowledge Mapping and Institutional Prospects on Circular Carbon Economy Based on Scientometric Analysis," IJERPH, MDPI, vol. 19(19), pages 1-25, September.
    2. Davide Bruno & Marinella Ferrara & Felice D’Alessandro & Alberto Mandelli, 2022. "The Role of Design in the CE Transition of the Furniture Industry—The Case of the Italian Company Cassina," Sustainability, MDPI, vol. 14(15), pages 1-20, July.
    3. Francesca Gennari, 2023. "The transition towards a circular economy. A framework for SMEs," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 27(4), pages 1423-1457, December.
    4. Jaroslaw Golebiewski & Josu Takala & Oskar Juszczyk & Nina Drejerska, 2019. "Local contribution to circular economy. A case study of a Polish rural municipality," Economia agro-alimentare, FrancoAngeli Editore, vol. 21(3), pages 771-791.
    5. Durán-Romero, Gemma & López, Ana M. & Beliaeva, Tatiana & Ferasso, Marcos & Garonne, Christophe & Jones, Paul, 2020. "Bridging the gap between circular economy and climate change mitigation policies through eco-innovations and Quintuple Helix Model," Technological Forecasting and Social Change, Elsevier, vol. 160(C).
    6. Millar, Neal & McLaughlin, Eoin & Börger, Tobias, 2019. "The Circular Economy: Swings and Roundabouts?," Ecological Economics, Elsevier, vol. 158(C), pages 11-19.
    7. Ali Mohammadi & G. Venkatesh & Maria Sandberg & Samieh Eskandari & Stephen Joseph & Karin Granström, 2020. "A Comprehensive Environmental Life Cycle Assessment of the Use of Hydrochar Pellets in Combined Heat and Power Plants," Sustainability, MDPI, vol. 12(21), pages 1-15, October.
    8. Nikos Chatzistamoulou & Phoebe Koundouri, 2020. "The Economics of Sustainable Development," DEOS Working Papers 2005, Athens University of Economics and Business.
    9. Halkos, George & Managi, Shunsuke, 2023. "New developments in the disciplines of environmental and resource economics," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 513-522.
    10. Jose García‐Quevedo & Elisenda Jové‐Llopis & Ester Martínez‐Ros, 2020. "Barriers to the circular economy in European small and medium‐sized firms," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2450-2464, September.
    11. Nuri Cihan Kayaçetin & Chiara Piccardo & Alexis Versele, 2022. "Social Impact Assessment of Circular Construction: Case of Living Lab Ghent," Sustainability, MDPI, vol. 15(1), pages 1-15, December.
    12. Anca C. Farcas & Charis M. Galanakis & Carmen Socaciu & Oana L. Pop & Dorin Tibulca & Adriana Paucean & Mirela A. Jimborean & Melinda Fogarasi & Liana C. Salanta & Maria Tofana & Sonia A. Socaci, 2020. "Food Security during the Pandemic and the Importance of the Bioeconomy in the New Era," Sustainability, MDPI, vol. 13(1), pages 1-11, December.
    13. Amir Latif & Martha Fani Cahyandito & Gemilang Lara Utama, 2023. "Circular Economy Concept at the Micro-Level: A Case Study of Taruna Mukti Farmer Group, Bandung Regency, West Java, Indonesia," Agriculture, MDPI, vol. 13(3), pages 1-14, February.
    14. Howard, Mickey & Böhm, Steffen & Eatherley, Dan, 2022. "Systems resilience and SME multilevel challenges: A place-based conceptualization of the circular economy," Journal of Business Research, Elsevier, vol. 145(C), pages 757-768.
    15. D'Adamo, Idiano & Mammetti, Marco & Ottaviani, Dario & Ozturk, Ilhan, 2023. "Photovoltaic systems and sustainable communities: New social models for ecological transition. The impact of incentive policies in profitability analyses," Renewable Energy, Elsevier, vol. 202(C), pages 1291-1304.
    16. Saja Kosanović & Mirjana Miletić & Ljubo Marković, 2021. "Energy Refurbishment of Family Houses in Serbia in Line with the Principles of Circular Economy," Sustainability, MDPI, vol. 13(10), pages 1-14, May.
    17. Ivan Deviatkin & Sanna Rousu & Malahat Ghoreishi & Mohammad Naji Nassajfar & Mika Horttanainen & Ville Leminen, 2022. "Implementation of Circular Economy Strategies within the Electronics Sector: Insights from Finnish Companies," Sustainability, MDPI, vol. 14(6), pages 1-11, March.
    18. Mariana S. T. Amândio & Joana M. Pereira & Jorge M. S. Rocha & Luísa S. Serafim & Ana M. R. B. Xavier, 2022. "Getting Value from Pulp and Paper Industry Wastes: On the Way to Sustainability and Circular Economy," Energies, MDPI, vol. 15(11), pages 1-31, June.
    19. Anna Barford & Saffy Rose Ahmad, 2021. "A Call for a Socially Restorative Circular Economy: Waste Pickers in the Recycled Plastics Supply Chain," Circular Economy and Sustainability,, Springer.
    20. Maria A. Franco & Stefan N. Groesser, 2021. "A Systematic Literature Review of the Solar Photovoltaic Value Chain for a Circular Economy," Sustainability, MDPI, vol. 13(17), pages 1-35, August.

    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:gam:jsusta:v:13:y:2021:i:21:p:11625-:d:661361. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.