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Carbon Capture and Storage Development Trends from a Techno-Paradigm Perspective

Author

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  • Bobo Zheng

    (Low Carbon Technology and Economy Research Center, Sichuan University, Chengdu 610064, China)

  • Jiuping Xu

    (Low Carbon Technology and Economy Research Center, Sichuan University, Chengdu 610064, China
    Business School, Sichuan University, Chengdu 610064, China)

Abstract

The world’s energy needs have been continually growing over the past decade, yet fossil fuels are limited. Renewable energies are becoming more prevalent, but are still a long way from being commonplace worldwide. Literature mining is applied to review carbon capture and storage (CCS) development trends and to develop and examine a novel carbon capture and storage technological paradigm (CCSTP), which incorporates CCSTP competition, diffusion and shift. This paper first provides an overview of the research and progress in CCS technological development, then applies a techno-paradigm theory to analyze CCSTP development and to provide a guide for future CCS technological trends. CCS could avoid CO 2 being released into the atmosphere. Moreover, bioenergy with CCS (BECCS) can make a significant contribution to a net removal of anthropogenic CO 2 emissions. In this study, we compare the different CCSTP developmental paths and the conventional techno-paradigm by examining the S-curves. The analyses in this paper provide a useful guide for scholars seeking new inspiration in their research and for potential investors who are seeking to invest research funds in more mature technologies. We conclude that political barriers and public acceptance are the major distinctions between the CCSTP and the conventional techno-paradigm. It is expected that policy instruments and economic instruments are going to play a pivotal role in the accomplishment of global carbon reduction scenarios.

Suggested Citation

  • Bobo Zheng & Jiuping Xu, 2014. "Carbon Capture and Storage Development Trends from a Techno-Paradigm Perspective," Energies, MDPI, vol. 7(8), pages 1-30, August.
    • Handle: RePEc:gam:jeners:v:7:y:2014:i:8:p:5221-5250:d:39199
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