A Policy Strategy for Carbon Capture and Storage
AbstractSuccessful deployment of carbon capture and storage (CCS) is critically dependent on comprehensive policy support. While policy plays an important role in the deployment of many low-carbon technologies, it is especially crucial for CCS. This is because, in contrast to renewable energy or applications of energy efficiency, CCS generates no revenue, nor other market benefits, so long as there is no price on CO2 emissions. It is both costly to install and, once in place, has increased operating costs. Effective, well-designed policy support is essential in overcoming these barriers and the subsequent deployment of CCS technology. This guide for policy makers aims to assist those involved in designing national and international policies around CCS. It covers development of CCS from its early stages through to wide-scale deployment of the technology. The focus is both on incentives for conventional fossil-fuel CCS and for bioenergy with CCS (BECCS).
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by OECD Publishing in its series IEA Energy Papers with number 2012/4.
Date of creation: 27 Jan 2012
Date of revision:
incentives; BECCS; CCS; policy instrument; carbon price; CO2 emissions;
Find related papers by JEL classification:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Krahé, Max & Heidug, Wolf & Ward, John & Smale, Robin, 2013. "From demonstration to deployment: An economic analysis of support policies for carbon capture and storage," Energy Policy, Elsevier, vol. 60(C), pages 753-763.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.