Abstract
Large-scale energy-economic models used to study global climate change and carbon management options often ignore the impacts of environmental technology innovation and diffusion, or they use simple representations such as exogenously-specified (often arbitrary) rates of change in cost or efficiency over time. The predicted impacts of proposed policy measures can depend critically upon these assumptions. Thus, better methods are needed to model technological change and its relationship to government policy. This is especially true for CO2 capture and sequestration (CCS) technology, an important new class of environmental technology with the potential to allow continued use of fossil fuels without significant greenhouse gas emissions to the atmosphere. Research efforts are underway worldwide to develop this technology and evaluate its effectiveness. Large-scale energy-economic and integrated assessment models also are being used to evaluate the potential of CCS in competition with other options for CO2 control. This chapter seeks to improve the ability of such models to represent and quantify the changes in CCS technology cost and performance over time as a function of pertinent variables, including the effects of alternative government actions or policies. The chapter also presents results of new research that examines past experience in controlling other major power plant emissions that might serve as a reasonable guide to future rates of technological progress in CO2 capture and sequestration systems.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Greenhouse Gas Control Technologies - 6th International Conference
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.