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A proposed global layout of carbon capture and storage in line with a 2 °C climate target

Author

Listed:
  • Yi-Ming Wei

    (Beijing Institute of Technology
    Beijing Institute of Technology
    Beijing Key Lab of Energy Economics and Environmental Management)

  • Jia-Ning Kang

    (Beijing Institute of Technology
    Beijing Institute of Technology
    Beijing Key Lab of Energy Economics and Environmental Management)

  • Lan-Cui Liu

    (Beijing Normal University)

  • Qi Li

    (Chinese Academy of Sciences)

  • Peng-Tao Wang

    (Beijing Institute of Technology
    China University of Mining & Technology, Beijing)

  • Juan-Juan Hou

    (Beijing Normal University)

  • Qiao-Mei Liang

    (Beijing Institute of Technology
    Beijing Institute of Technology
    Beijing Key Lab of Energy Economics and Environmental Management)

  • Hua Liao

    (Beijing Institute of Technology
    Beijing Institute of Technology
    Beijing Key Lab of Energy Economics and Environmental Management)

  • Shi-Feng Huang

    (China Institute of Water Resources and Hydropower Research)

  • Biying Yu

    (Beijing Institute of Technology
    Beijing Institute of Technology
    Beijing Key Lab of Energy Economics and Environmental Management)

Abstract

A straightforward global layout of carbon capture, utilization and storage (CCUS) is imperative for limiting global warming well below 2 °C. Here, we propose a cost-effective strategy for matching carbon sources and sinks on a global scale. Results show 3,093 carbon clusters and 432 sinks in 85 countries and regions are selected to achieve 92 GtCO2 mitigation by CCUS, 64% of which will be sequestered into sedimentary basins for aquifer storage and 36% will be used for CO2-EOR (enhanced oil recovery). Of the identified source–sink matching, 80% are distributed within 300 km and are mainly located in China, the United States, the European Union, Russia and India. The total cost is ~0.12% of global cumulative gross domestic product. Of countries with CO2-EOR, 75% will turn into profitable at the oil price over US$100 per barrel. These findings indicate our proposed layout is economically feasible. However, its implementation requires global collaboration on financial and technological transfer.

Suggested Citation

  • Yi-Ming Wei & Jia-Ning Kang & Lan-Cui Liu & Qi Li & Peng-Tao Wang & Juan-Juan Hou & Qiao-Mei Liang & Hua Liao & Shi-Feng Huang & Biying Yu, 2021. "A proposed global layout of carbon capture and storage in line with a 2 °C climate target," Nature Climate Change, Nature, vol. 11(2), pages 112-118, February.
  • Handle: RePEc:nat:natcli:v:11:y:2021:i:2:d:10.1038_s41558-020-00960-0
    DOI: 10.1038/s41558-020-00960-0
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