Zero is the only acceptable leakage rate for geologically stored CO2: an editorial comment
AbstractLeakage is one of the main concerns of all parties involved with the development of Carbon Capture and Storage. From an economic point of view, Van der Zwaan and Gerlagh (2009) suggest that CCS remains a valuable option even with CO2 leakage rate as high as of a few % per year. But what is valuable is, ultimately, determined by social preferences and parameters that are beyond economic modeling. Examining the point of view of four stakeholder groups: industry, policy-makers, environmental NGOs and the general public, we conclude that there is a social agreement today: zero is the only acceptable carbon leakage rate.
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Bibliographic InfoPaper provided by HAL in its series Post-Print with number hal-00348128.
Date of creation: 2009
Date of revision:
Publication status: Published, Climatic Change, 2009, 93, 3, 311-317
Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00348128
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-04-05 (All new papers)
- NEP-ENE-2009-04-05 (Energy Economics)
- NEP-ENV-2009-04-05 (Environmental Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bob van der Zwaan & Reyer Gerlagh, 2008. "The Economics of Geological CO2 Storage and Leakage," Working Papers 2008.10, Fondazione Eni Enrico Mattei.
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CIRED Working Papers
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- Minh Ha-Duong & Rodica Loisel, 2011. "Actuarial risk assessment of expected fatalities attributable to carbon capture and storage in 2050," Post-Print halshs-00487175, HAL.
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