Understanding Barriers to Commercial-Scale Carbon Capture and Sequestration in the United States: An Empirical Assessment

Update item information
Links to Media http://dx.doi.org/10.1016/j.enpol.2013.04.033
School or College College of Law
Creator Davies, Lincoln L.
Other Author Kirsten Uchitel; John Ruple
Title Understanding Barriers to Commercial-Scale Carbon Capture and Sequestration in the United States: An Empirical Assessment
Date 2013-08
Description Although a potentially useful climate change mitigation tool, carbon capture and sequestration (CCS) efforts in the United States remain mired in demonstration and development. Prior studies suggest numerous reasons for this stagnation. This article empirically assesses those claims. Using an anonymous opinion survey completed by 229 CCS experts, we identified four primary barriers to CCS commercialization: (1) cost and cost recovery, (2) lack of a price signal or financial incentive, (3) long-term liability risks, and (4) lack of a comprehensive regulatory regime. These results give empirical weight to previous studies suggesting that CCS cost (and cost recovery) and liability risks are primary barriers to the technology. However, the need for comprehensive rather than piecemeal CCS regulation represents an emerging concern not previously singled out in the literature. Our results clearly show that the CCS community sees fragmented regulation as one of the most significant barriers to CCS deployment. Specifically, industry is united in its preference for a federal regulatory floor that is subject to 2 state-level administration and sensitive to local conditions. Likewise, CCS experts share broad confidence in the technologys readiness, despite continued calls for commercial-scale demonstration projects before CCS is widely deployed.
Type Text
Publisher Elsevier, Science Direct
Subject LCSH Carbon capture and sequestration; Climate change mitigation; Climate policy
Language eng
Relation is Version of Faculty Publications; Institutional Repository
Rights Management S.J. Quinney College of Law, University of Utah
Spatial Coverage Salt Lake City (Utah)
Format Medium application/pdf
ARK ark:/87278/s6nw2t1h
Setname ir_uspace
Date Created 2013-11-15
Date Modified 2013-11-15
ID 710026
Reference URL https://collections.lib.utah.edu/ark:/87278/s6nw2t1h
Back to Search Results