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Both in the German energiewende and in the European low-carbon energy system transformation, infrastructure is generally considered as a conditio sine qua non: a necessary though not sufficient condition for a low-carbon economy - and one without which energy transformation may fail. At second...
Persistent link: https://www.econbiz.de/10012040944
A net-zero energy system requires a profound transformation in the way we produce and use energy that can only be achieved with a broad suite of technologies. Carbon capture, utilisation and storage (CCUS) is the only group of technologies that contributes both to reducing emissions in key...
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With its Industrial Carbon Management Strategy, the European Commission has defined an initial framework for the future promotion of CO2 capture, storage and use in the EU. In particular, negative emission technologies like direct air capture promise to play a key long-term role on the path...
Persistent link: https://www.econbiz.de/10014536196
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Negative emission technologies will likely be needed to achieve the European Commission's goal of greenhouse gas neutrality by 2050. This article investigates the potential of reducing greenhouse gases in the atmosphere via the DACCS pathway, i.e., to capture CO2 from the ambient air and...
Persistent link: https://www.econbiz.de/10014516027
This paper reports an original economic valuation of the impact of climate change on the provision of forest regulating services in Europe. To the authors’ knowledge the current paper represents the first systematic attempt to estimate human well-being losses with respect to changes in...
Persistent link: https://www.econbiz.de/10014197663
Carbon Capture and Storage (CCS) is a new combination of technologies that may become available to firms that emit CO2 under the European Union’s emissions trading scheme (EU ETS). An example is an electricity producer that captures its CO2 and transports it to a depleted gas field where it is...
Persistent link: https://www.econbiz.de/10014204014
Most CO2 abatement policies reduce the demand for fossil fuels and therefore their price in international markets. If these policies are not global, this price decrease raises emissions in countries without CO2 abatement policies, generating “carbon leakage”. On the other hand, if the...
Persistent link: https://www.econbiz.de/10014185851
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