GSTDTAP  > 气候变化
DOI10.1016/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
ISSN0301-4215
EISSN1873-6777
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
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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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