Regulatory Promotion of Emergent CCS Technology

Davies, Lincoln; Uchitel, Kirsten; Johnson, David

doi:10.2172/1126717

Title: Regulatory Promotion of Emergent CCS Technology

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Abstract

Despite the growing inevitability of climate change and the attendant need for mitigation strategies, carbon capture and sequestration (CCS) has yet to gain much traction in the United States. Recent regulatory proposals by the U.S. Environmental Protection Agency (EPA), limited in scope to new-build power plants, represent the only significant policy initiative intended to mandate diffusion of CCS technology. Phase I of this Project assessed barriers to CCS deployment as prioritized by the CCS community. That research concluded that there were four primary barriers: (1) cost, (2) lack of a carbon price, (3) liability, and (4) lack of a comprehensive regulatory regime. Phase II of this Project, as presented in this Report, assesses potential regulatory models for CCS and examines where those models address the hurdles to diffusing CCS technology identified in Phase I. It concludes (1) that a CCS-specific but flexible standard, such as a technology performance standard or a very particular type of market-based regulation, likely will promote CCS diffusion, and (2) that these policies cannot work alone, but rather, should be combined with other measures, such as liability limits and a comprehensive CCS regulatory regime.

Authors:: Davies, Lincoln; Uchitel, Kirsten; Johnson, David

Publication Date:: Wed Jan 01 00:00:00 EST 2014

Research Org.:: Univ. of Utah, Salt Lake City, UT (United States)

Sponsoring Org.:: USDOE

OSTI Identifier:: 1126717

DOE Contract Number:: NT0005015

Resource Type:: Technical Report

Country of Publication:: United States

Language:: English

Subject:: 54 ENVIRONMENTAL SCIENCES

Citation Formats


                    Davies, Lincoln, Uchitel, Kirsten, and Johnson, David. Regulatory Promotion of Emergent CCS Technology.  United States: N. p., 2014. 
        Web.  doi:10.2172/1126717.

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                    Davies, Lincoln, Uchitel, Kirsten, & Johnson, David. Regulatory Promotion of Emergent CCS Technology.  United States.  https://doi.org/10.2172/1126717

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                    Davies, Lincoln, Uchitel, Kirsten, and Johnson, David. 2014.  
        "Regulatory Promotion of Emergent CCS Technology".  United States.  https://doi.org/10.2172/1126717.  https://www.osti.gov/servlets/purl/1126717.

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@article{osti_1126717,

  title        = {Regulatory Promotion of Emergent CCS Technology},

  author       = {Davies, Lincoln and Uchitel, Kirsten and Johnson, David},

  abstractNote = {Despite the growing inevitability of climate change and the attendant need for mitigation strategies, carbon capture and sequestration (CCS) has yet to gain much traction in the United States. Recent regulatory proposals by the U.S. Environmental Protection Agency (EPA), limited in scope to new-build power plants, represent the only significant policy initiative intended to mandate diffusion of CCS technology. Phase I of this Project assessed barriers to CCS deployment as prioritized by the CCS community. That research concluded that there were four primary barriers: (1) cost, (2) lack of a carbon price, (3) liability, and (4) lack of a comprehensive regulatory regime. Phase II of this Project, as presented in this Report, assesses potential regulatory models for CCS and examines where those models address the hurdles to diffusing CCS technology identified in Phase I. It concludes (1) that a CCS-specific but flexible standard, such as a technology performance standard or a very particular type of market-based regulation, likely will promote CCS diffusion, and (2) that these policies cannot work alone, but rather, should be combined with other measures, such as liability limits and a comprehensive CCS regulatory regime.},

  doi          = {10.2172/1126717},

  url          = {https://www.osti.gov/biblio/1126717},
  journal      = {},
number       = ,

  volume       = ,

  place        = {United States},

  year         = {Wed Jan 01 00:00:00 EST 2014},

  month        = {Wed Jan 01 00:00:00 EST 2014}

}

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