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We model the value chain of Carbon Capture, transport and Storage (CCS) by focusing on the decisions taking by actors … socially optimal CCS investments, the government must use more than one policy instrument. A numerical specification of the … model finds that the actually observed CCS investments are much lower than what is socially optimal simply because the price …
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Carbon capture and storage (CCS) seems an appealing option to meet the ambitious objectives of the Paris Agreement … study a dynamic model of CCS and CCU of an economy subject to a carbon budget. We demonstrate that if the social planner …, if CCS occurs in the social optimum, this happens only once the carbon budget has been depleted. We show that the …
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investment in carbon capture and storage (CCS). However, to trigger sizeable investment in CCS the carbon price must exceed the … leads to lower costs of CCS. Using a Hotellling model with two storage sites, each being located at each end of the …
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