• norsk
    • English
  • English 
    • norsk
    • English
  • Login
View Item 
  •   Home
  • Norges Handelshøyskole
  • Department of Economics
  • Discussion papers (SAM)
  • View Item
  •   Home
  • Norges Handelshøyskole
  • Department of Economics
  • Discussion papers (SAM)
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Evaluating Carbon Capture and Storage in a Climate Model with Endogenous Technical Change

Durmaz, Tunç; Schroyen, Fred
Working paper
Updated version
Thumbnail
View/Open
DP 22.pdf (948.4Kb)
URI
http://hdl.handle.net/11250/2625591
Date
2019-10-16
Metadata
Show full item record
Collections
  • Discussion papers (SAM) [676]
Abstract
We assess the extent to which Carbon Capture and Storage (CCS) and R&D on this abatement technology are part of a socially efficient solution to the problem of climate change. For this purpose, we extend the intertemporal model of climate and directed technical change developed by Acemoglu et al. (2012, American Economic Review, 102(1): 131–66) to include a sector responsible for CCS. We show that two types of solutions exist: a renewable energy regime where current CCS technology is only temporarily used but never further developed; and a fossil energy regime where CCS is part of a long term solution and is further developed at about the same rate as fossil energy technology. Our computations show that for current estimates of the marginal cost of CCS, the renewable energy regime clearly dominates the fossil fuel energy regime.
Series
DP SAM;22/2019

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit
 

 

Browse

ArchiveCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsDocument TypesJournalsThis CollectionBy Issue DateAuthorsTitlesSubjectsDocument TypesJournals

My Account

Login

Statistics

View Usage Statistics

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit