Carbon Capture; Transport and Storage in Europe: A Problematic Energy Bridge to Nowhere?
Date
30.10.2010
30.10.2010
Authors
Johannes Herold, Sophia Rรผster, Christian Von Hirschhausen
JEL Code
L71, Q3, Q4
L71, Q3, Q4
Keywords:
Carbon Capture, Transport, Storage
Carbon Capture, Transport, Storage
Publisher
Climate Change and Sustainable Development
Climate Change and Sustainable Development
Editor
Carlo Carraro
Carlo Carraro
This paper is a follow up of the SECURE-project, financed by the European Commission to study โSecurity of Energy Considering its Uncertainties, Risks and Economic Implicationsโ. It addresses the perspectives of, and the obstacles to a CCTS-roll out, as stipulated in some of the scenarios. Our main hypothesis is that given the substantial technical and institutional uncertainties, the lack of a clear political commitment, and the available alternatives of low-carbon technologies, CCTS is unlikely to play an important role in the future energy mix; it is even less likely to be an โenergy bridgeโ into a low-carbon energy future.