DMCA
Certified by ______________________________________________________
BibTeX
@MISC{Eide_certifiedby,
author = {Jan Eide and Howard Herzog and Dava J. Newman},
title = {Certified by ______________________________________________________},
year = {}
}
Share
 |
 |
 |
 |
||
OpenURL
Abstract
Concerns over climate change and a reliance on CO2-emitting fossil fuels for a majority of the world’s energy supply have motivated the development of carbon dioxide capture and storage (CCS). However, CCS is not yet commercially available, and key technical roadblocks remain. However, the external circumstances for developing the technology, such as weak climate policy and tight public finances, have changed dramatically over the past four years and current RD&D roadmaps are poorly adapted to the new realities. In order to rethink U.S. CCS policy, and to provide a realistic roadmap for technology development, this thesis provides an overview of the key technical roadblocks, an analysis of the impact of the new realities on CCS investments, and a novel method for finding the optimal way of allocating scarce public resources to CCS RD&D. The U.S. has responded to the changing political context in two notable ways. First, Enhanced Oil Recovery (EOR) has received increased attention due to the positive value that EOR storage puts on CO2. Second, the EPA has proposed a 1000 lbs CO2/MWh emission standard that would
Keyphrases
key technical roadblock new reality current rd roadmaps eor storage climate change external circumstance tight public finance weak climate policy scarce public resource lb co2 mwh emission standard increased attention u.s. cc policy enhanced oil recovery realistic roadmap cc rd positive value world energy supply notable way co2-emitting fossil fuel technology development carbon dioxide capture optimal way political context cc investment novel method
