Wednesday, October 20, 2010

Analysis of Financial Incentives for Early CCS Deployment


ABSTRACT
There is a growing interest in carbon capture and storage (CCS) as a technology to reduce carbon dioxide (CO2) emissions. The substantial additional costs and complexity of CCS facilities over and above conventional use of fossil fuels mean that government subsidies are required to assist the demonstration and deployment of the technology. CCS is not unique in this respect - other forms of low carbon power generation also require policy support. However, unlike other technologies policy for CCS deployment is much less well-developed.

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