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The Value of Carbon Capture and Storage (CCS)

The Value of Carbon Capture and Storage (CCS)

Full Title: The Value of Carbon Capture and Storage (CCS)
Author(s): Alex Townsend, Nabeela Raji, Alex Zapantis
Publisher(s): The Global CCS Institute
Publication Date: May 13, 2020
Full Text: Download Resource
Description (excerpt):

The new flagship Global CCS Institute thought leadership report analyzes the major benefits of the large-scale investment and deployment of CCS and discusses the existing evidence related to the value of CCS under two overarching themes.

CCS as an essential technology to economically meet long-term climate targets and for risk mitigation through:

Achieving deep decarbonisation in hard-to-abate industry;
Enabling the production of clean hydrogen at scale;
Providing low-carbon dispatchable power;
Delivering negative emissions.

CCS is a driver of economic growth and employment by:

Creating and sustaining jobs;
Supporting economic growth through new net-zero industries and innovation spillovers;
Facilitating a just transition by alleviating geographic and timing mismatches;
Enabling infrastructure reuse and deferral of decommissioning costs.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

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