Journal
GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS
Volume 21, Issue 2, Pages 303-312Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.gloenvcha.2011.01.017
Keywords
CCS; Climate policy; Technological development; RD&D support; Learning curve; Energy policy
Categories
Funding
- BigCCS Centre
- Mistra's Climate Policy Research Program (Clipore)
- Canada Research Chairs Program
- Mistra Foundation
- Aker Solutions
- ConocoPhilips
- Det Norske Veritas AS
- Gassco AS
- Hydro Aluminium AS
- Shell Technology AS
- Statkraft Development AS
- Statoil Petroleum AS
- TOTAL EP Norge AS
- GDF SUEZ EP Norge AS
- Research Council of Norway [193816/S60]
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This article reviews the political economy of government choice around technology support for the development and deployment of low carbon emission energy technologies, such as Carbon Capture and Storage (CCS). It is concerned with how governments should allocate limited economic resources across abatement alternatives. In particular, it explores two inter-related questions. First, should government support focus on a narrow range of options or be distributed across many potential alternatives? Second, what criteria should be considered when determining which specific technologies to support? It presents a simple economic model with experience curves for CCS and renewable energy technologies to explore the lowest cost alternatives for meeting an emission abatement objective. It then explores a variety of economic and political factors that must be considered when governments make decisions about technology support. (C) 2011 Elsevier Ltd. All rights reserved.
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