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Comparative Study on the Developmental Stages of Global CCS Technology Based on the S-Curve Model

Author

Listed:
  • Yaya Li
  • Shuai Qin

    (School of Finance and Economics, Jiangsu University, China)

Abstract

This article uses the S-curve model to empirically explore global carbon capture and storage (CCS) technology development stages and conduct a comparative analysis for various countries. The results indicate that global CCS technology is currently in the growth stage and that the technological track will stabilize in 2042 and beyond. The United States is currently the leader in the field of CCS technology, but China and South Korea have the fastest development of CCS technology.

Suggested Citation

  • Yaya Li & Shuai Qin, 2021. "Comparative Study on the Developmental Stages of Global CCS Technology Based on the S-Curve Model," Energy RESEARCH LETTERS, Asia-Pacific Applied Economics Association, vol. 2(2), pages 1-5.
  • Handle: RePEc:ayb:jrnerl:35
    DOI: 2021/10/13
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    More about this item

    Keywords

    ccs technology; s-curve model; technology development; comparative study;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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