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Promoting global CCS RDD&D by stronger U.S.–China collaboration

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  • Yuan, Jia-Hai
  • Lyon, Thomas P.

Abstract

Carbon capture and storage (CCS) is the only technology available to mitigate greenhouse gas (GHG) emissions from large-scale fossil fuel usage. U.S. and China are the world’s largest GHG emitters. Collaboration between the two nations, therefore, offers the greatest opportunity for achieving meaningful reductions in global GHG emissions. Two countries’ current cooperation on CCS through Clean Energy Research Center based on the U.S.–China Strategic Forum on Clean Energy Cooperation mechanism provides an important initial step towards even closer and stronger cooperation in the future. In this paper, we justify such possibility by discourse on the seemly different but complementary social–political context in two countries including political system, government structure, economic policy, national innovation system, energy strategy, and energy market structure. We further address the key elements of future cooperation model by carefully considering the principle of equality and mutual beneficiary, the role of two countries in the whole value chain according to their comparative advantages, and the scale and mechanism of the funding. A milestone for the cooperation until 2030 is drafted and priority areas for both countries in the cooperation are identified. Such cooperation will provide the imperative leadership for global climate change and speed up the global CCS deployment.

Suggested Citation

  • Yuan, Jia-Hai & Lyon, Thomas P., 2012. "Promoting global CCS RDD&D by stronger U.S.–China collaboration," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(9), pages 6746-6769.
  • Handle: RePEc:eee:rensus:v:16:y:2012:i:9:p:6746-6769
    DOI: 10.1016/j.rser.2012.08.014
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    References listed on IDEAS

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    1. Rai, Varun & Victor, David G. & Thurber, Mark C., 2010. "Carbon capture and storage at scale: Lessons from the growth of analogous energy technologies," Energy Policy, Elsevier, vol. 38(8), pages 4089-4098, August.
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    Cited by:

    1. Yao, Xing & Fan, Ying & Zhu, Lei & Zhang, Xian, 2020. "Optimization of dynamic incentive for the deployment of carbon dioxide removal technology: A nonlinear dynamic approach combined with real options," Energy Economics, Elsevier, vol. 86(C).
    2. Ming, Zeng & Shaojie, Ouyang & Yingjie, Zhang & Hui, Shi, 2014. "CCS technology development in China: Status, problems and countermeasures—Based on SWOT analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 604-616.
    3. Wu, X.D. & Yang, Q. & Chen, G.Q. & Hayat, T. & Alsaedi, A., 2016. "Progress and prospect of CCS in China: Using learning curve to assess the cost-viability of a 2×600MW retrofitted oxyfuel power plant as a case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 1274-1285.

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