Regulatory promotion of emergent CCS technology - Topical report

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Publication Type report
School or College University of Utah
Research Institute Institute for Clean and Secure Energy (ICSE)
Author Davies, Lincoln; Uchitel, Kirsten; Johnson, David
Title Regulatory promotion of emergent CCS technology - Topical report
Date 2014-01
Description Despite the growing inevitability of climate change and the attendant need for mitigation strategies, carbon capture and sequestration (CCS) has yet to gain much traction in the United States. Recent regulatory proposals by the U.S. Environmental Protection Agency (EPA), limited in scope to new-build power plants, represent the only significant policy initiative intended to mandate diffusion of CCS technology. Phase I of this Project assessed barriers to CCS deployment as prioritized by the CCS community. That research concluded that there were four primary barriers: (1) cost, (2) lack of a carbon price, (3) liability, and (4) lack of a comprehensive regulatory regime. Phase II of this Project, as presented in this Report, assesses potential regulatory models for CCS and examines where those models address the hurdles to diffusing CCS technology identified in Phase I. It concludes (1) that a CCS-specific but flexible standard, such as a technology performance standard or a very particular type of market-based regulation, likely will promote CCS diffusion, and (2) that these policies cannot work alone, but rather, should be combined with other measures, such as liability limits and a comprehensive CCS regulatory regime.
Publisher University of Utah, Institute for Clean and Secure Energy
Subject CCS technology; climate change; mitigation strategies; carbon capture and sequestration
Bibliographic Citation Davies, L., Uchitel, K., Johnson, D. (2014). Regulatory promotion of emergent CCS technology - Topical report. (DOE Award Number DE-NT0005015). Reporting period: Oct. 2011 - Sept. 2013.
Relation Has Part DOE Award Number DE-NT0005015
ARK ark:/87278/s6km2b0w
Setname ir_eua
ID 214646
Reference URL https://collections.lib.utah.edu/ark:/87278/s6km2b0w
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