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dc.contributor.authorvan der Zwaan, Boben_US
dc.contributor.authorGerlagh, Reyeren_US
dc.date.accessioned2008-03-25en_US
dc.date.accessioned2010-09-29T08:55:59Z-
dc.date.available2010-09-29T08:55:59Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/40647-
dc.description.abstractThe economics of CO2 capture and storage in relation to the possibility of significant leakage of CO2 from geological reservoirs once this greenhouse gas has been stored artificially underground will be among the main determinants of whether CCS can significantly contribute to a deep cut in global CO2 emissions. This paper presents an analysis of the economic and climatic implications of the large-scale use of CCS for reaching a stringent climate change control target, when geological CO2 leakage is accounted for. The natural scientific uncertainties regarding the rates of possible leakage of CO2 from geological reservoirs are likely to remain large for a long time to come. We present a qualitative description, a concise analytical inspection, as well as a more detailed integrated assessment model, proffering insight into the economics of geological CO2 storage and leakage. Our model represents three main CO2 emission reduction options: energy savings, a carbon to non-carbon energy transition and the use of CCS. We find CCS to remain a valuable option even with CO2 leakage of a few %/yr, well above the maximum seepage rates that we think are likely from a geo-scientific point of view.en_US
dc.language.isoengen_US
dc.publisherFondazione Eni Enrico Mattei (FEEM) Milanoen_US
dc.relation.ispartofseriesNota di lavoro // Fondazione Eni Enrico Mattei: CCMP, Climate change modelling and policy 2008,10en_US
dc.subject.jelH21en_US
dc.subject.jelQ40-
dc.subject.jelO33-
dc.subject.jelC61-
dc.subject.jelD58-
dc.subject.ddc330en_US
dc.subject.keywordClimate Changeen_US
dc.subject.keywordGeological Leakage-
dc.subject.keywordCO2 Capture and Storage (CCS)-
dc.subject.keywordTechnological Innovation-
dc.subject.keywordCarbon Dioxide Emission Reduction-
dc.subject.stwKlimaveränderungen_US
dc.subject.stwLuftverunreinigungen_US
dc.subject.stwKohlendioxiden_US
dc.subject.stwEntsorgungstechniken_US
dc.subject.stwGeologieen_US
dc.titleThe economics of geological CO2 storage and leakageen_US
dc.typeWorking Paperen_US
dc.identifier.ppn560323905en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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