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On the Integration of Carbon Capture and Storage into the International Climate Regime AgEcon
Bode, Sven; Jung, Martina.
As GHG emissions did not decline as anticipated early of the 1990ties Carbon Capture and Storage (CCS) recently gained more and more attention as a climate change mitigation option. However, CO2 suppressed in geological reservoirs is likely to lead to future releases of the CO2 stored. This "non-permanence" must be considered if an environmentally sound policy is desired. Against this background, the present article analyses a potential integration of CCS in the international climate regime. It is based on existing rules and modalities regarding non-permanence of sequestration in the Land use, Land-use change and Forestry (LULUCF) sector. Interestingly, the experience from LULUCF has almost completely been neglected during the discussion on CCS. We argue...
Tipo: Working or Discussion Paper Palavras-chave: Carbon Dioxide Capture and Storage; Permanence; Sequestration; LULUCF; Climate Policy; Environmental Economics and Policy; Q25; Q28; Q38; Q48.
Ano: 2004 URL: http://purl.umn.edu/26279
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Carbon Dioxide Capture and Storage (CCS) - Liability for Non-Permanence under the UNFCCC AgEcon
Bode, Sven; Jung, Martina.
Prior to CoP 10, our discussion paper "On the Integration of Carbon Capture and Storage into the International Climate Regime" argued that carbon capture and storage (CCS) was similar to carbon sequestration in the area of Land Use, Land-Use Change and Forestry (LULUCF). This was criticized by several readers who observed that treating CCS as a removal activity (sink) would not be compatible with the UNFCCC sink definition, what we already had mentioned in the paper. The present paper is based on the UNFCCC definition and analyses how CCS could be integrated into the climate regime. As CO2 may re-enter the atmosphere after injection into geological reservoirs, the question of long-term liability has to be considered. Apart from this aspect, additional...
Tipo: Working or Discussion Paper Palavras-chave: Carbon Dioxide Capture and Storage; CDM; Climate Change; UNFCCC; Environmental Economics and Policy; Q25; Q28; Q40.
Ano: 2005 URL: http://purl.umn.edu/26131
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