Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2018.11.015 |
Carbon leakage from geological storage sites: Implications for carbon trading | |
Garcia, Jorge H.1; Torvanger, Asbjorn2 | |
2019-04-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2019 |
卷号 | 127页码:320-329 |
文章类型 | Article |
语种 | 英语 |
国家 | Colombia; Norway |
英文摘要 | A number of studies show that large-scale deployment of Carbon Capture and Storage (CCS) is necessary to limit the increase in global average temperature to less than 2 degrees C by 2100. However, some experts and citizens worry about the integrity of carbon dioxide storage sites due to the possibility of future leakage. We introduce a two period model where two emission mitigation technologies are available to society in the first period: CCS, with a risk of carbon dioxide leakage in the second period, and a riskless mitigation alternative, such as renewable energy. We first solve the model assuming that society does not know what the future rate of leakage will be. We then solve the model assuming that society will eventually learn the actual leakage rate. We find that, in a trading market in period one, reductions of CO2 emissions through CCS should generate a less than proportional amount of CO2 allowances. Estimates from simulations, using a coarse range of parameters, indicate that the discount factor of CCS allowances lies in the range (0.72, 1). Site-specific data is required to determine site-specific risks of leakage and discount factors. |
英文关键词 | Carbon Capture and Storage Carbon Leakage Carbon Trading Uncertainty Learning |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000463688200031 |
WOS关键词 | CO2 STORAGE ; CAPTURE ; ECONOMICS ; RISK ; IRREVERSIBILITY ; UNCERTAINTY ; PERCEPTION ; DEPLOYMENT ; ENERGY ; MYOPIA |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/181986 |
专题 | 气候变化 |
作者单位 | 1.Univ Los Andes, Sch Management, Calle 21 1-20, Bogota, Colombia; 2.Ctr Int Climate Res, CICERO, Gaustadalleen 21, N-0349 Oslo, Norway |
推荐引用方式 GB/T 7714 | Garcia, Jorge H.,Torvanger, Asbjorn. Carbon leakage from geological storage sites: Implications for carbon trading[J]. ENERGY POLICY,2019,127:320-329. |
APA | Garcia, Jorge H.,&Torvanger, Asbjorn.(2019).Carbon leakage from geological storage sites: Implications for carbon trading.ENERGY POLICY,127,320-329. |
MLA | Garcia, Jorge H.,et al."Carbon leakage from geological storage sites: Implications for carbon trading".ENERGY POLICY 127(2019):320-329. |
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