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removals by sinks” in the second half of this century. Carbon capture and storage (CCS) technology, after having been hailed as … potential benefits, CCS development and deployment proceeded at a far slower rate than what was expected and are struggling to … explores the main progress and deadlocks in CCS’s difficult path. …
Persistent link: https://www.econbiz.de/10011457745
Carbon dioxide removal from the atmosphere is becoming an important option to achieve net zero climate targets. This paper develops a welfare and public economics perspective on optimal policies for carbon removal and storage in non-permanent sinks like forests, soil, oceans, wood products or...
Persistent link: https://www.econbiz.de/10013473710
Carbon dioxide capture and storage (CCS) is considered to be an important option for reducing carbon dioxide (CO2 …
Persistent link: https://www.econbiz.de/10011280020
We analyze the use of patent protection as a new policy to direct technical change to clean technology. Contrary to popular belief, it is dirty (and not clean) innovations that should be excluded from patent protection to reduce emissions. In the shortrun, removing patent protection on dirty...
Persistent link: https://www.econbiz.de/10014333456
This paper uses an integrated assessment model to quantify the climate R&D investment strategy for a variety of scenarios fully consistent with 2°C. We estimate the total climate R&D investment needs in approximately 1 USD Trillion cumulatively in the period 2010-2030, and 1.6 USD Trillions in...
Persistent link: https://www.econbiz.de/10010203419
Theoretical analysis and empirical evidence show that leadership behavior in climate policy through increased abatement efforts or international transfers cannot be expected to be very successful. In this paper we instead show that pioneering activities, which are based on green technological...
Persistent link: https://www.econbiz.de/10011346872
that Carbon Capture and Storage (CCS) might play a central role in this transformation, but CCS deployment is stagnating … of CCS electricity for a variety of temperature targets, from 1.5 to above 4°C, with particular attention to the lower … end of this range. We collect the latest data on CCS economic and technological future prospects to accurately represent …
Persistent link: https://www.econbiz.de/10011753419
We show that a technological breakthrough that reduces CO2 emissions per output can exacerbate the climate change problem: countries may respond by raising their emissions resulting in an increase of the stock of pollution that may reduce welfare. Using parameter values based on empirical...
Persistent link: https://www.econbiz.de/10008798037
In the absence of a successful international cooperative agreement over the control of emissions there is a growing interest in the role that clean technologies may play to alleviate the climate change problem. Within a non-cooperative transboundary pollution game, we investigate, analytically...
Persistent link: https://www.econbiz.de/10012710682
We show that a technological breakthrough that reduces CO2 emissions per output can exacerbate the climate change problem: countries may respond by raising their emissions resulting in an increase of the stock of pollution that may reduce welfare. Using parameter values based on empirical...
Persistent link: https://www.econbiz.de/10014186291