How to Scale Up Carbon Capture and Storage
Climate Now
The Economics of C C Us
The economics of carbon capture utilization and storage are very different from other energy transitions. If i'm producing l refining gasolene, and those are my output goods, unless there's a market for captured c o two, right? Unless that's of economic value to me, another firm wants to pay me for it,. or the government creates an incentive. I'm either charged when i omit Carbon dioxide, or get a subsidy in some sort of carrot for capturing gases. It doesn't make economic sense for them to do that. And so a price on carbon sosubsion is deficient as an economist would say. But at the national level, we don't have a carbon pricing regime
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