Zero is the only acceptable leakage rate for geologically stored CO2: an editorial comment
Leakage 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.
|Date of creation:||2009|
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- Minh Ha-Duong & David Keith, 2003. "Carbon storage: the economic efficiency of storing CO2 in leaky reservoirs," Post-Print halshs-00003927, HAL.
- Bob van der Zwaan & Reyer Gerlagh, 2008. "The Economics of Geological CO2 Storage and Leakage," Working Papers 2008.10, Fondazione Eni Enrico Mattei.
- Minh Ha-Duong & Ana Sofia Campos & Alain Nadai, 2007.
"A survey on the public perception of CCS in France,"
CIRED Working Papers
- Minh Ha-Duong & Ana Sofia Campos & Alain Nadai, 2009. "A survey on the public perception of CCS in France," Post-Print halshs-00200894, HAL.
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