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economics of carbon capture: Carbon Capture, Storage and Use Wilhelm Kuckshinrichs, Jurgen-Friedrich Hake, 2014-12-31 |
economics of carbon capture: Carbon Capture and Storage King Abdullah Petroleum Studies, Saud M. Al-Fattah, Murad F. Barghouty, Bashir O. Dabbousi, 2011-11-02 This book focuses on issues related to a suite of technologies known asCarbon Capture and Storage (CCS), which can be used to capture and store underground large amounts of industrial CO2 emissions. It addresses how CCS should work, as well as where, why, and how these technologies should be deployed, emphasizing the gaps to be filled in terms o |
economics of carbon capture: Recent Advances in Carbon Capture and Storage Yongseung Yun, 2017-03-08 Carbon capture and storage (CCS) has been considered as a practical way in sequestering the huge anthropogenic CO2 amount with a reasonable cost until a more pragmatic solution appears. The CCS can work as a bridge before fulfilling the no-CO2 era of the future by applying to large-scale CO2 emitting facilities. But CCS appears to lose some passion by the lack of progress in technical developments and in commercial success stories other than EOR. This is the time to go back to basics, starting from finding a solution in small steps. The CCS technology desperately needs far newer ideas and breakthroughs that can overcome earlier attempts through improving, modifying, and switching the known principles. This book tries to give some insight into developing an urgently needed technical breakthrough through the recent advances in CCS research, in addition to the available small steps like soil carbon sequestration. This book provides the fundamental and practical information for researchers and graduate students who want to review the current technical status and to bring in new ideas to the conventional CCS technologies. |
economics of carbon capture: An Economy Based on Carbon Dioxide and Water Michele Aresta, Iftekhar Karimi, Sibudjing Kawi, 2019-07-01 This book is devoted to CO2 capture and utilization (CCU) from a green, biotechnological and economic perspective, and presents the potential of, and the bottlenecks and breakthroughs in converting a stable molecule such as CO2 into specialty chemicals and materials or energy-rich compounds. The use of renewable energy (solar, wind, geothermal, hydro) and non-fossil hydrogen is a must for converting large volumes of CO2 into energy products, and as such, the authors explore and compare the availability of hydrogen from water using these sources with that using oil or methane. Divided into 13 chapters, the book offers an analysis of the conditions under which CO2 utilization is possible, and discusses CO2 capture from concentrated sources and the atmosphere. It also analyzes the technological (non-chemical) uses of CO2, carbonation of basic minerals and industrial sludge, and the microbial-catalytic-electrochemical-photoelectrochemical-plasma conversion of CO2 into chemicals and energy products. Further, the book provides examples of advanced bioelectrochemical syntheses and RuBisCO engineering, as well as a techno-energetic and economic analysis of CCU. Written by leading international experts, this book offers a unique perspective on the potential of the various technologies discussed, and a vision for a sustainable future. Intended for graduates with a good understanding of chemistry, catalysis, biotechnology, electrochemistry and photochemistry, it particularly appeals to researchers (in academia and industry) and university teachers. |
economics of carbon capture: The Hydrogen Economy National Academy of Engineering, National Research Council, Division on Engineering and Physical Sciences, Board on Energy and Environmental Systems, Committee on Alternatives and Strategies for Future Hydrogen Production and Use, 2004-09-05 The announcement of a hydrogen fuel initiative in the President's 2003 State of the Union speech substantially increased interest in the potential for hydrogen to play a major role in the nation's long-term energy future. Prior to that event, DOE asked the National Research Council to examine key technical issues about the hydrogen economy to assist in the development of its hydrogen R&D program. Included in the assessment were the current state of technology; future cost estimates; CO2 emissions; distribution, storage, and end use considerations; and the DOE RD&D program. The report provides an assessment of hydrogen as a fuel in the nation's future energy economy and describes a number of important challenges that must be overcome if it is to make a major energy contribution. Topics covered include the hydrogen end-use technologies, transportation, hydrogen production technologies, and transition issues for hydrogen in vehicles. |
economics of carbon capture: Developments and Innovation in Carbon Dioxide (CO2) Capture and Storage Technology M. Mercedes Maroto-Valer, 2010-07-13 Carbon dioxide (CO2) capture and storage (CCS) is the one advanced technology that conventional power generation cannot do without. CCS technology reduces the carbon footprint of power plants by capturing, and storing the CO2 emissions from burning fossil-fuels and biomass. This volume provides a comprehensive reference on the state of the art research, development and demonstration of carbon storage and utilisation, covering all the storage options and their environmental impacts. It critically reviews geological, terrestrial and ocean sequestration, including enhanced oil and gas recovery, as well as other advanced concepts such as industrial utilisation, mineral carbonation, biofixation and photocatalytic reduction. - Foreword written by Lord Oxburgh, Climate Science Peer - Comprehensively examines the different methods of storage of carbon dioxide (CO2) and the various concepts for utilisation - Reviews geological sequestration of CO2, including coverage of reservoir sealing and monitoring and modelling techniques used to verify geological sequestration of CO2 |
economics of carbon capture: Carbon Capture and Storage Steve A. Rackley, 2017-09-05 Carbon Capture and Storage, Second Edition, provides a thorough, non-specialist introduction to technologies aimed at reducing greenhouse gas emissions from burning fossil fuels during power generation and other energy-intensive industrial processes, such as steelmaking. Extensively revised and updated, this second edition provides detailed coverage of key carbon dioxide capture methods along with an examination of the most promising techniques for carbon storage. The book opens with an introductory section that provides background regarding the need to reduce greenhouse gas emissions, an overview of carbon capture and storage (CCS) technologies, and a primer in the fundamentals of power generation. The next chapters focus on key carbon capture technologies, including absorption, adsorption, and membrane-based systems, addressing their applications in both the power and non-power sectors. New for the second edition, a dedicated section on geological storage of carbon dioxide follows, with chapters addressing the relevant features, events, and processes (FEP) associated with this scenario. Non-geological storage methods such as ocean storage and storage in terrestrial ecosystems are the subject of the final group of chapters. A chapter on carbon dioxide transportation is also included. This extensively revised and expanded second edition will be a valuable resource for power plant engineers, chemical engineers, geological engineers, environmental engineers, and industrial engineers seeking a concise, yet authoritative one-volume overview of this field. Researchers, consultants, and policy makers entering this discipline also will benefit from this reference. - Provides all-inclusive and authoritative coverage of the major technologies under consideration for carbon capture and storage - Presents information in an approachable format, for those with a scientific or engineering background, as well as non-specialists - Includes a new Part III dedicated to geological storage of carbon dioxide, covering this topic in much more depth (9 chapters compared to 1 in the first edition) - Features revisions and updates to all chapters - Includes new sections or expanded content on: chemical looping/calcium looping; life-cycle GHG assessment of CCS technologies; non-power industries (e.g. including pulp/paper alongside ones already covered); carbon negative technologies (e.g. BECCS); gas-fired power plants; biomass and waste co-firing; and hydrate-based capture |
economics of carbon capture: Negative Emissions Technologies and Reliable Sequestration National Academies of Sciences, Engineering, and Medicine, Division on Earth and Life Studies, Ocean Studies Board, Board on Chemical Sciences and Technology, Board on Earth Sciences and Resources, Board on Agriculture and Natural Resources, Board on Energy and Environmental Systems, Board on Atmospheric Sciences and Climate, Committee on Developing a Research Agenda for Carbon Dioxide Removal and Reliable Sequestration, 2019-04-08 To achieve goals for climate and economic growth, negative emissions technologies (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change. Unlike carbon capture and storage technologies that remove carbon dioxide emissions directly from large point sources such as coal power plants, NETs remove carbon dioxide directly from the atmosphere or enhance natural carbon sinks. Storing the carbon dioxide from NETs has the same impact on the atmosphere and climate as simultaneously preventing an equal amount of carbon dioxide from being emitted. Recent analyses found that deploying NETs may be less expensive and less disruptive than reducing some emissions, such as a substantial portion of agricultural and land-use emissions and some transportation emissions. In 2015, the National Academies published Climate Intervention: Carbon Dioxide Removal and Reliable Sequestration, which described and initially assessed NETs and sequestration technologies. This report acknowledged the relative paucity of research on NETs and recommended development of a research agenda that covers all aspects of NETs from fundamental science to full-scale deployment. To address this need, Negative Emissions Technologies and Reliable Sequestration: A Research Agenda assesses the benefits, risks, and sustainable scale potential for NETs and sequestration. This report also defines the essential components of a research and development program, including its estimated costs and potential impact. |
economics of carbon capture: Climate Intervention National Research Council, Division on Earth and Life Studies, Ocean Studies Board, Board on Atmospheric Sciences and Climate, Committee on Geoengineering Climate: Technical Evaluation and Discussion of Impacts, 2015-06-17 The signals are everywhere that our planet is experiencing significant climate change. It is clear that we need to reduce the emissions of carbon dioxide and other greenhouse gases from our atmosphere if we want to avoid greatly increased risk of damage from climate change. Aggressively pursuing a program of emissions abatement or mitigation will show results over a timescale of many decades. How do we actively remove carbon dioxide from the atmosphere to make a bigger difference more quickly? As one of a two-book report, this volume of Climate Intervention discusses CDR, the carbon dioxide removal of greenhouse gas emissions from the atmosphere and sequestration of it in perpetuity. Climate Intervention: Carbon Dioxide Removal and Reliable Sequestration introduces possible CDR approaches and then discusses them in depth. Land management practices, such as low-till agriculture, reforestation and afforestation, ocean iron fertilization, and land-and-ocean-based accelerated weathering, could amplify the rates of processes that are already occurring as part of the natural carbon cycle. Other CDR approaches, such as bioenergy with carbon capture and sequestration, direct air capture and sequestration, and traditional carbon capture and sequestration, seek to capture CO2 from the atmosphere and dispose of it by pumping it underground at high pressure. This book looks at the pros and cons of these options and estimates possible rates of removal and total amounts that might be removed via these methods. With whatever portfolio of technologies the transition is achieved, eliminating the carbon dioxide emissions from the global energy and transportation systems will pose an enormous technical, economic, and social challenge that will likely take decades of concerted effort to achieve. Climate Intervention: Carbon Dioxide Removal and Reliable Sequestration will help to better understand the potential cost and performance of CDR strategies to inform debate and decision making as we work to stabilize and reduce atmospheric concentrations of carbon dioxide. |
economics of carbon capture: Emerging Carbon Capture Technologies Mohammad Khalid, Swapnil A. Dharaskar, Mika Sillanpää, Humaira Siddiqui, 2022-04-22 Carbon dioxide (CO2) capture and conversion to value added products, such as chemicals, polymers, and carbon-based fuels represents a promising approach to transform a potential threat to the environment into a value-added product for long term sustainability. Emerging Carbon Capture Technologies: Towards a Sustainable Future provides a multidisciplinary view of the research that is being carried out in this field, covering materials and processes for CO2 capture and utilization and including a broad discussion of the impact of novel technologies in carbon capture on the energy landscape, society and climate. Of interest to students, researchers and professionals in industries related to greenhouse gas mitigation, post-combustion CO2 capture processes, coal-fired power plants, environmental sustainability, green solvents, green technologies, and the utilization of clean energy for environmental protection, this book covers both the experimental and theoretical aspects of novel materials and process development providing a holistic approach toward a sustainable energy future. - Includes a wide range of processes and their applications - Covers the experimental and theoretical aspects of novel materials and process development - Includes techno-economics analysis, regulation, policies and future prospects |
economics of carbon capture: Prospects for Carbon Capture and Storage in Southeast Asia Asian Development Bank, 2013-09-01 This report was produced under the Technical Assistance Grant: Determining the Potential for Carbon Capture and Storage (CCS) in Southeast Asia (TA 7575-REG), and is focused on an assessment of the CCS potential in Thailand, Viet Nam, and specific regions of Indonesia (South Sumatra) and the Philippines (Calabarzon). It contains inventories of carbon dioxide emission sources, estimates of overall storage potential, likely source-sink match options for potential CCS projects, and an analysis of existing policy, legal, and regulatory frameworks with a view toward supporting future CCS operations. The report also presents a comparative financial analysis of candidate CCS projects, highlights possible incentive schemes for financing CCS, and provides an actionable road map for pilot, demonstration, and commercial CCS projects. |
economics of carbon capture: Carbon Capture and Storage in International Energy Policy and Law Hirdan Katarina de Medeiros Costa, Carolina Arlota, 2021-10-13 Carbon Capture and Storage in International Energy Policy and Law identifies the main contemporary regulatory requirements, challenges and opportunities involving CCS from a comparative and interdisciplinary perspective. It draws on the scholarship of renowned researchers across the fields of international energy law and policy to address CCS regulation and its impact on climate change, sustainable development, and related consequences for energy transition. In this vein, the book aims to address issues related to energy, energy justice and climate changes (including CCS technology). Contributors discuss the main challenges and advantages concerning international energy and the forms CCS may contribute to energy security, climate change, adaptation and mitigation of GHG emissions and sustainable development. In this light, the book discusses CCS as a bridge that integrates international energy, climate change and sustainable development. - Covers contemporary regulatory command-and-control and market incentive instruments across the local, regional and/or international spheres in-depth and in comparison - Reviews deregulatory impacts, modern financing of CCS, liability of the involved parties, and pertinent environmental issues - Addresses sociotechnical aspects of CCS and its specific impact on the international arena - Discusses the interplay of carbon capture and storage, renewables and the overall energy transition, current pathways to sustainable development |
economics of carbon capture: Why Forests? Why Now? Frances Seymour, Jonah Busch, 2016-12-27 Tropical forests are an undervalued asset in meeting the greatest global challenges of our time—averting climate change and promoting development. Despite their importance, tropical forests and their ecosystems are being destroyed at a high and even increasing rate in most forest-rich countries. The good news is that the science, economics, and politics are aligned to support a major international effort over the next five years to reverse tropical deforestation. Why Forests? Why Now? synthesizes the latest evidence on the importance of tropical forests in a way that is accessible to anyone interested in climate change and development and to readers already familiar with the problem of deforestation. It makes the case to decisionmakers in rich countries that rewarding developing countries for protecting their forests is urgent, affordable, and achievable. |
economics of carbon capture: Bioenergy with Carbon Capture and Storage Jose Carlos Magalhaes Pires, Ana Luisa da Cunha Goncalves, 2019-08-08 Bioenergy with Carbon Capture and Storage: Using Natural Resources for Sustainable Development presents the technologies associated with bioenergy and CCS and its applicability as an emissions reduction tool. The book explores existing climate policies and current carbon capture and storage technologies. Sections offer an overview of several routes to use biomass and produce bioenergy through processes with low or even negative CO2 emissions. Associated technology and the results of recent research studies to improve the sustainability of the processes are described, pointing out future trends and needs. This book can be used by bioenergy engineering researchers in industry and academia and by professionals and researchers in carbon capture and storage. |
economics of carbon capture: Gaseous Carbon Waste Streams Utilization National Academies of Sciences, Engineering, and Medicine, Division on Earth and Life Studies, Board on Chemical Sciences and Technology, Committee on Developing a Research Agenda for Utilization of Gaseous Carbon Waste Streams, 2019-02-22 In the quest to mitigate the buildup of greenhouse gases in Earth's atmosphere, researchers and policymakers have increasingly turned their attention to techniques for capturing greenhouse gases such as carbon dioxide and methane, either from the locations where they are emitted or directly from the atmosphere. Once captured, these gases can be stored or put to use. While both carbon storage and carbon utilization have costs, utilization offers the opportunity to recover some of the cost and even generate economic value. While current carbon utilization projects operate at a relatively small scale, some estimates suggest the market for waste carbon-derived products could grow to hundreds of billions of dollars within a few decades, utilizing several thousand teragrams of waste carbon gases per year. Gaseous Carbon Waste Streams Utilization: Status and Research Needs assesses research and development needs relevant to understanding and improving the commercial viability of waste carbon utilization technologies and defines a research agenda to address key challenges. The report is intended to help inform decision making surrounding the development and deployment of waste carbon utilization technologies under a variety of circumstances, whether motivated by a goal to improve processes for making carbon-based products, to generate revenue, or to achieve environmental goals. |
economics of carbon capture: Carbon Capture and Storage Mai Bui, Niall Mac Dowell, 2019-11-29 This book provides the latest global perspective on the role and value of CCS in delivering temperature targets and reducing the impact of global warming. |
economics of carbon capture: Carbon Capture and Storage Rao Y. Surampalli, 2014-12 |
economics of carbon capture: Carbon Pricing in Japan Toshi H. Arimura, Shigeru Matsumoto, 2020-09-17 This open access book evaluates, from an economic perspective, various measures introduced in Japan to prevent climate change. Although various countries have implemented such policies in response to the pressing issue of climate change, the effectiveness of those programs has not been sufficiently compared. In particular, policy evaluations in the Asian region are far behind those in North America and Europe due to data limitations and political reasons. The first part of the book summarizes measures in different sectors in Japan to prevent climate change, such as emissions trading and carbon tax, and assesses their impact. The second part shows how those policies have changed the behavior of firms and households. In addition, it presents macro-economic simulations that consider the potential of renewable energy. Lastly, based on these comprehensive assessments, it compares the effectiveness of measures to prevent climate change in Japan and Western countries. Providing valuable insights, this book will appeal to both academic researchers and policymakers seeking cost-effective measures against climate change. |
economics of carbon capture: False Alarm Bjorn Lomborg, 2020-07-14 An “essential” (Times UK) and “meticulously researched” (Forbes) book by “the skeptical environmentalist” argues that panic over climate change is causing more harm than good Hurricanes batter our coasts. Wildfires rage across the American West. Glaciers collapse in the Artic. Politicians, activists, and the media espouse a common message: climate change is destroying the planet, and we must take drastic action immediately to stop it. Children panic about their future, and adults wonder if it is even ethical to bring new life into the world. Enough, argues bestselling author Bjorn Lomborg. Climate change is real, but it's not the apocalyptic threat that we've been told it is. Projections of Earth's imminent demise are based on bad science and even worse economics. In panic, world leaders have committed to wildly expensive but largely ineffective policies that hamper growth and crowd out more pressing investments in human capital, from immunization to education. False Alarm will convince you that everything you think about climate change is wrong -- and points the way toward making the world a vastly better, if slightly warmer, place for us all. |
economics of carbon capture: Sustainable Carbon Capture Humbul Suleman, Philip Loldrup Fosbøl, Rizwan Nasir, Mariam Ameen, 2022-02-16 A comprehensive resource on different aspects of sustainable carbon capture technologies including recent process developments, environmentally friendly methods, and roadmaps for implementations. It discusses also the socio-economic and policy aspects of carbon capture and the challenges, opportunities, and incentives for change with a focus on industry, policy, and governmental sector. Through applications in various fields of environmental health, and four selected case studies from four different practical regimes of carbon capture, the book provides guidelines for sustainable and responsible carbon capture and addresses current and future global energy, environment, and climate concerns. |
economics of carbon capture: Roadmap for Carbon Capture and Storage Demonstration and Deployment in the People's Republic of China Asian Development Bank, 2015-11-01 The People's Republic of China (PRC) is taking concerted efforts and making large investments to peak out its carbon dioxide emissions around 2030. While current efforts are prioritizing accelerated energy efficiency and rapid expansion of renewables and nuclear in the energy mix, the fossil fuel related carbon dioxide emissions are still expected to rise even under a new normal growth strategies in the PRC. This brings in renewed emphasis on carbon capture and storage (CCS), which is currently the only near-commercial technologies to make deep cuts (up to 90%) in carbon dioxide emissions from fossil fuel related power plants and industries. This report draws on relevant technical assistance from Asian Development Bank (ADB), consultants' reports, and the work of ADB staff to assess the potential, the barriers and the challenges in demonstrating and deploying CCS in the PRC. It identifies unique low cost opportunities, recommends a gradual two phase approach to CCS deployment in the PRC and, provides complementary suite of policy actions to enable it. |
economics of carbon capture: CO2 Capture by Reactive Absorption-Stripping Claudio Madeddu, Massimiliano Errico, Roberto Baratti, 2018-12-15 This book focuses on modelling issues and their implications for the correct design of reactive absorption–desorption systems. In addition, it addresses the case of carbon dioxide (CO2) post-combustion capture in detail. The book proposes a new perspective on these systems, and provides technological solutions with comparisons to previous treatments of the subject. The model that is proposed is subsequently validated using experimental data. In addition, the book features graphs to guide readers with immediate visualizations of the benefits of the methodology proposed. It shows a systematic procedure for the steady-state model-based design of a CO2 post-combustion capture plant that employs reactive absorption-stripping, using monoethanolamine as the solvent. It also discusses the minimization of energy consumption, both through the modification of the plant flowsheet and the set-up of the operating parameters. The book offers a unique source of information for researchers and practitioners alike, as it also includes an economic analysis of the complete plant. Further, it will be of interest to all academics and students whose work involves reactive absorption-stripping design and the modelling of reactive absorption-stripping systems. |
economics of carbon capture: The Economics of Climate Change Robert Shackleton, United States. Congressional Budget Office, 2003 This Congressional Budget Office (CBO) study--prepared at the request of the Ranking Member of the House Committee on Science--presents an overview of issues related to climate change, focusing primarily on its economic aspects. The study draws from numerous published sources to summarize the current state of climate science and provide a conceptual framework for addressing climate change as an economic problem. It also examines public policy options and discusses the potential complications and benefits of international coordination. In keeping with CBO's mandate to provide impartial analysis, the study makes no recommendations. |
economics of carbon capture: Southeast Asia and the Economics of Global Climate Stabilization David A. Raitzer, Francesco Bosello, Massimo Tavoni, Carlo Orecchia, Giacomo Marangoni, Jindra Nuella G. Samson, 2015-12-01 Climate change is a global concern of special relevance to Southeast Asia, a region that is both vulnerable to the effects of climate change and a rapidly increasing emitter of greenhouse gases (GHGs). This study focuses on five countries of Southeast Asia that collectively account for 90% of regional GHG emissions in recent years---Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam. It applies two global dynamic economy–energy–environment models under an array of scenarios that reflect potential regimes for regulating global GHG emissions through 2050. The modeling identifies the potential economic costs of climate inaction for the region, how the countries can most efficiently achieve GHG emission mitigation, and the consequences of mitigation, both in terms of benefits and costs. Drawing on the modeling results, the study analyzes climate-related policies and identifies how further action can be taken to ensure low-carbon growth. |
economics of carbon capture: Capturing Carbon Robin M. Mills, 2011 We now possess the technology to capture carbon emissions as they are released into the atmosphere. After capture, the gas is trapped within facilities hidden far underground. As promising as this process sounds, can it really compete with the often cheaper, low-carbon technologies currently available, and is the practice really safe and eco-friendly? Furthermore, will governments and societies embrace this controversial method and integrate it fully into their economic markets? Capturing Carbon is one of the first books to seriously evaluate this issue, describing the need for this new technology and the components that make it work. Robin M. Mills, a longtime energy professional with a background in geology and economics, paints an accessible portrait of carbon capture's existing and projected technologies. He covers the specifics of geological storage and, interestingly, compares it to the biological sequestering of carbon occurring naturally in soils and forests. With a frank and unbiased analysis, Mills considers the costs of this process and its value in curbing climate change.He tackles the politics and policies that will help the technology take root, and he anticipates the public's reaction and opportunities for business. Mills also accounts for the risks of carbon capture, rounding out a definitive and all-encompassing volume for environmentalists, policymakers, investors, industry insiders, and anyone wishing to understand these new developments. |
economics of carbon capture: The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications Baoping Shang, 2021-06-25 Addressing the poverty and distributional impacts of carbon pricing reforms is critical for the success of ambitious actions in the fight against climate change. This paper uses a simple framework to systematically review the channels through which carbon pricing can potentially affect poverty and inequality. It finds that the channels differ in important ways along several dimensions. The paper also identifies several key gaps in the current literature and discusses some considerations on how policy designs could take into account the attributes of the channels in mitigating the impacts of carbon pricing reforms on households. |
economics of carbon capture: The Potential and Limitations of Using Carbon Dioxide , 2017 |
economics of carbon capture: Carbon Capture, Storage and Utilization Malti Goel, M. Sudhakar, R.V. Shahi, 2019-02-21 Carbon capture and storage (CCS) is among the advanced energy technologies suggested to make the conventional fossil fuel sources environmentally sustainable. It is of particular importance to coal-based economies. This book deals at length with the various aspects of carbon dioxide capture, its utilization and takes a closer look at the earth processes in carbon dioxide storage. It discusses potential of Carbon Capture, Storage, and Utilization as innovative energy technology towards a sustainable energy future. Various techniques of carbon dioxide recovery from power plants by physical, chemical, and biological means as well as challenges and prospects in biomimetic carbon sequestration are described. Carbon fixation potential in coal mines and in saline aquifers is also discussed. Please note: This volume is Co-published with The Energy and Resources Institute Press, New Delhi. Taylor & Francis does not sell or distribute the Hardback in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka |
economics of carbon capture: Paying for Pollution Gilbert E. Metcalf, 2019 This book shows why a carbon tax is the most efficient and fair way to address the major cause of climate change. It explains how a carbon tax reform can help low-income households. And it argues that carbon tax is market based policy that should be supported across the political spectrum. |
economics of carbon capture: Green Carbon Dioxide Gabriele Centi, Siglinda Perathoner, 2014-01-17 PROMISING NEW APPROACHES TO RECYCLE CARBON DIOXIDE AND REDUCE EMISSIONS With this book as their guide, readers will learn a variety of new approaches and methods to recycle and reuse carbon dioxide (CO2) in order to produce green fuels and chemicals and, at the same time, minimize CO2 emissions. The authors demonstrate how to convert CO2 into a broad range of essential products by using alternative green energy sources, such as solar, wind, and hydro-power as well as sustainable energy sources. Readers will discover that CO2 can be a driving force for the sustainable future of both the chemical industry and the energy and fuels industry. Green Carbon Dioxide features a team of expert authors, offering perspectives on the latest breakthroughs in CO2 recycling from Asia, Europe, and North America. The book begins with an introduction to the production of CO2-based fuels and chemicals. Next, it covers such topics as: Transformation of CO2 to useable products through free-radical-induced reactions Hydrogenation of CO2 to liquid fuels Direct synthesis of organic carbonates from CO2 and alcohols using heterogeneous oxide catalysts Electrocatalytic reduction of CO2 in methanol medium Fuel production from photocatalytic reduction of CO2 with water using TiO2-based nanocomposites Use of CO2 in enhanced oil recovery and carbon capture and sequestration More than 1,000 references enable readers to explore individual topics in greater depth. Green Carbon Dioxide offers engineers, chemists, and managers in the chemical and energy and fuel industries a remarkable new perspective, demonstrating how CO2 can play a significant role in the development of a sustainable Earth. |
economics of carbon capture: Carbon Dioxide Utilisation Peter Styring, Elsje Alessandra Quadrelli, Katy Armstrong, 2014-09-13 Carbon Dioxide Utilisation: Closing the Carbon Cycle explores areas of application such as conversion to fuels, mineralization, conversion to polymers, and artificial photosynthesis as well as assesses the potential industrial suitability of the various processes. After an introduction to the thermodynamics, basic reactions, and physical chemistry of carbon dioxide, the book proceeds to examine current commercial and industrial processes, and the potential for carbon dioxide as a green and sustainable resource. While carbon dioxide is generally portrayed as a bad gas, a waste product, and a major contributor to global warming, a new branch of science is developing to convert this bad gas into useful products. This book explores the science behind converting CO2 into fuels for our cars and planes, and for use in plastics and foams for our homes and cars, pharmaceuticals, building materials, and many more useful products. Carbon dioxide utilization is a rapidly expanding area of research that holds a potential key to sustainable, petrochemical-free chemical production and energy integration. - Accessible and balanced between chemistry, engineering, and industrial applications - Informed by blue-sky thinking and realistic possibilities for future technology and applications - Encompasses supply chain sustainability and economics, processes, and energy integration |
economics of carbon capture: Drawdown Paul Hawken, 2017-04-18 • New York Times bestseller • The 100 most substantive solutions to reverse global warming, based on meticulous research by leading scientists and policymakers around the world “At this point in time, the Drawdown book is exactly what is needed; a credible, conservative solution-by-solution narrative that we can do it. Reading it is an effective inoculation against the widespread perception of doom that humanity cannot and will not solve the climate crisis. Reported by-effects include increased determination and a sense of grounded hope.” —Per Espen Stoknes, Author, What We Think About When We Try Not To Think About Global Warming “There’s been no real way for ordinary people to get an understanding of what they can do and what impact it can have. There remains no single, comprehensive, reliable compendium of carbon-reduction solutions across sectors. At least until now. . . . The public is hungry for this kind of practical wisdom.” —David Roberts, Vox “This is the ideal environmental sciences textbook—only it is too interesting and inspiring to be called a textbook.” —Peter Kareiva, Director of the Institute of the Environment and Sustainability, UCLA In the face of widespread fear and apathy, an international coalition of researchers, professionals, and scientists have come together to offer a set of realistic and bold solutions to climate change. One hundred techniques and practices are described here—some are well known; some you may have never heard of. They range from clean energy to educating girls in lower-income countries to land use practices that pull carbon out of the air. The solutions exist, are economically viable, and communities throughout the world are currently enacting them with skill and determination. If deployed collectively on a global scale over the next thirty years, they represent a credible path forward, not just to slow the earth’s warming but to reach drawdown, that point in time when greenhouse gases in the atmosphere peak and begin to decline. These measures promise cascading benefits to human health, security, prosperity, and well-being—giving us every reason to see this planetary crisis as an opportunity to create a just and livable world. |
economics of carbon capture: The Economics of Climate Change Nicholas Stern, 2007-01-04 There is now clear scientific evidence that emissions from economic activity, particularly the burning of fossil fuels for energy, are causing changes to the Earth ́s climate. A sound understanding of the economics of climate change is needed in order to underpin an effective global response to this challenge. The Stern Review is an independent, rigourous and comprehensive analysis of the economic aspects of this crucial issue. It has been conducted by Sir Nicholas Stern, Head of the UK Government Economic Service, and a former Chief Economist of the World Bank. The Economics of Climate Change will be invaluable for all students of the economics and policy implications of climate change, and economists, scientists and policy makers involved in all aspects of climate change. |
economics of carbon capture: Climate change 2007 Terry Barker, 2007 This summary of the Intergovernmental Panel on Climate Change represents the formally agreed statement concerning climate change mitigation. It focuses on new literature on the scientific, technological, environmental, economic & social aspects of mitigation of climate change, pub. since the 3rd Assessment Report & the Special Reports on CO2 Capture & Storage & on Safeguarding the Ozone Layer & the Global Climate System. Contents: Greenhouse gas emission trends; Mitigation in the short & medium term across different economic sectors (until 2030); Mitigation in the long-term & beyond 2030; Policies, measures & instruments to mitigate climate change; Sustainable develop. & climate change mitigation; & Gaps in knowledge. Illus. |
economics of carbon capture: Planetary Economics Michael Grubb, Jean Charles Hourcade, Karsten Neuhoff, 2014 How well do our assumptions about the global challenges of energy, environment and economic development fit the facts? Energy prices have varied hugely between countries and over time, yet the share of national income spent on energy has remained surprisingly constant. The foundational theories of economic growth account for only about half the growth observed in practice. Despite escalating warnings for more than two decades about the planetary risks of rising greenhouse gas emissions, most governments have seemed powerless to change course. Planetary Economics shows the surprising links between these seemingly unconnected facts. It argues that tackling the energy and environmental problems of the 21st Century requires three different domains of decision-making to be recognised and connected. Each domain involves different theoretical foundations, draws on different areas of evidence, and implies different policies. The book shows that the transformation of energy systems involves all three domains - and each is equally important. From them flow three pillars of policy – three quite distinct kinds of actions that need to be taken, which rest on fundamentally different principles. Any pillar on its own will fail. Only by understanding all three, and fitting them together, do we have any hope of changing course. And if we do, the oft-assumed conflict between economy and the environment dissolves – with potential for benefits to both. Planetary Economics charts how. |
economics of carbon capture: Advances in Carbon Capture Mohammad Reza Rahimpour, Mohammad Farsi, Mohammad Amin Makarem, 2020-08-04 Advances in Carbon Capture reviews major implementations of CO2 capture, including absorption, adsorption, permeation and biological techniques. For each approach, key benefits and drawbacks of separation methods and technologies, perspectives on CO2 reuse and conversion, and pathways for future CO2 capture research are explored in depth. The work presents a comprehensive comparison of capture technologies. In addition, the alternatives for CO2 separation from various feeds are investigated based on process economics, flexibility, industrial aspects, purification level and environmental viewpoints. - Explores key CO2 separation and compare technologies in terms of provable advantages and limitations - Analyzes all critical CO2 capture methods in tandem with related technologies - Introduces a panorama of various applications of CO2 capture |
economics of carbon capture: Pipeline Design & Construction Mo Mohitpour, Hossein Golshan, Matthew Alan Murray, 2007 This third edition of this highly successful volume is fully updated and includes new information on buoyancy control, Trenchless Crossing methods, as well as on Compressor Fuel Calculations and Optimization, Hydrotesting and LPG Pipelining. This book offers straightforward, practical techniques for pipeline design and construction, making it an ideal professional reference, training tool, or comprehensive text. The authors present the various elements that make up a single-phase liquid and gas pipeline system, including how to design, construct, commission, and assess pipelines and related facilities. They discuss gas and liquid transmission, compression, pumps, protection and integrity, procurement services, and the management of pipeline projects. More complex specialty fluids are also covered, including CO2, H2, slurry and multi-products. (Publisher). |
economics of carbon capture: Finance & Development, December 2019 International Monetary Fund. Communications Department, 2019-12-06 This issue of Finance & Development looks at the economic and financial impact of climate policy choices. It points to concrete solutions that offer growth opportunities, driven by technological innovation, sustainable investment, and a dynamic private sector. The private sector can stop supporting or subsidizing industries and activities that damage the planet and instead invest in sustainable development. Governments can roll out policies to fight climate change and the destruction of nature. The paper highlights that technological change and innovations are central to longer-term efforts to mitigate climate change by developing alternatives to fossil fuels. A new, sustainable financial system is under construction. It is funding the initiatives and innovations of the private sector and amplifying the effectiveness of governments’ climate policies—it could even accelerate the transition to a low-carbon economy. The Bank of England’s latest survey finds that almost three-quarters of banks are starting to treat the risks from climate change like other financial risks—rather than viewing them simply as a corporate social responsibility. Banks have begun to consider the most immediate physical risks to their business models—from the exposure of mortgage books to flood risk to the impact of extreme weather events on sovereign risk. |
economics of carbon capture: Carbon Capture Jennifer Wilcox, 2012-03-28 This book approaches the energy science sub-field carbon capture with an interdisciplinary discussion based upon fundamental chemical concepts ranging from thermodynamics, combustion, kinetics, mass transfer, material properties, and the relationship between the chemistry and process of carbon capture technologies. Energy science itself is a broad field that spans many disciplines -- policy, mathematics, physical chemistry, chemical engineering, geology, materials science and mineralogy -- and the author has selected the material, as well as end-of-chapter problems and policy discussions, that provide the necessary tools to interested students. |
economics of carbon capture: The Economics of Renewable Energy Roger Fouquet, 2018 This major reference work brings together for the first time key articles on the economics of renewable energy. From a modest role as a backstop technology in the 1970s to a central role in low carbon transitions today, this collection reveals the emergence and growing importance of this sub-field of economics. Topics covered in this timely volume include the costs of renewable power (taking account of issues related to technological development, intermittency and interconnection), policies that promote renewable energy development, its public and private demand, and its impact on the environment and the economy. This indispensable collection is complemented by a comprehensive introduction that will serve as an essential source of reference for students and researchers. |
Economics - Wikipedia
Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) [1] [2] is a behavioral science that studies the production, distribution, and consumption of goods and services. [3] [4]Economics focuses on …
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Economics Economics is the study of scarcity and how it affects the use of resources, the production of goods and services, the growth of production and well-being over time, and many …
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Mar 26, 2024 · Economics. Economics is a social science that analyzes how people make decisions to satisfy their wants and needs, given limited resources. It explores the processes …
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Instead, economics was merely used to analyze the action of individuals, using stylized mathematical models. Modern Definition of Economics The modern definition, attributed to the …
Economics - Wikipedia
Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) [1] [2] is a behavioral science that studies the production, distribution, and consumption of goods and services. [3] [4]Economics focuses on …
Economics Defined With Types, Indicators, and Systems
Jun 28, 2024 · Economics is a branch of the social sciences focused on the production, distribution, and consumption of goods and services. Microeconomics is a type of economics …
Economics | Definition, History, Examples, Types, & Facts
May 12, 2025 · economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth. In the 19th century economics was the hobby of …
The A to Z of economics | The Economist
In economics, a transfer is a payment of money without any goods or services being exchanged in return. Governments make transfers in the form of welfare benefits but individuals make …
What is Economics? - American Economic Association
Economics is a broad discipline that helps us understand historical trends, interpret today’s headlines, and make predictions about the coming years. Economics ranges from the very …
What is Economics? Definition of Economics, Economics …
Economics Economics is the study of scarcity and how it affects the use of resources, the production of goods and services, the growth of production and well-being over time, and …
What is Economics? - Northwestern University
Economics is the study of how we make choices in the face of scarcity and how those choices motivate behavior. THE FIELD OF ECONOMICS. As individuals, families, and nations, we …
What Is Economics? - Econlib
Economics is the study of given ends and scarce means. Lionel Robbins, biography, from the Concise Encyclopedia of Economics: Robbins’ most famous book was An Essay on the …
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Mar 26, 2024 · Economics. Economics is a social science that analyzes how people make decisions to satisfy their wants and needs, given limited resources. It explores the processes …
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Instead, economics was merely used to analyze the action of individuals, using stylized mathematical models. Modern Definition of Economics The modern definition, attributed to the …