IDEAS home Printed from https://ideas.repec.org/p/hal/wpaper/hal-02475485.html
   My bibliography  Save this paper

Incentives for early adoption of carbon capture technology: further considerations from a European perspective

Author

Listed:
  • Albert Banal-Estañol

    (City University of London, UPF - Universitat Pompeu Fabra [Barcelona])

  • Jeremy Eckhause

    (RAND Corporation)

  • Olivier Massol

    (IFPEN - IFP Energies nouvelles, City University of London, IFP School)

Abstract

This note details two comments on a recent policy proposal in Comello and Reichelstein (2014) aimed at favouring the early adoption of Carbon Capture (CC) technology in the next generation of thermal-based power plants to be installed in the United States.

Suggested Citation

  • Albert Banal-Estañol & Jeremy Eckhause & Olivier Massol, 2015. "Incentives for early adoption of carbon capture technology: further considerations from a European perspective," Working Papers hal-02475485, HAL.
  • Handle: RePEc:hal:wpaper:hal-02475485
    Note: View the original document on HAL open archive server: https://ifp.hal.science/hal-02475485
    as

    Download full text from publisher

    File URL: https://ifp.hal.science/hal-02475485/document
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Claudia Ines Vasquez Josse & Anne Neumann, 2006. "Transatlantic Natural Gas Price and Oil Price Relationships - An Empirical Analysis," Working Papers hal-02468454, HAL.
    2. Pierre-René Bauquis, 2004. "What energy sources will power transport in the 21st century ?," Working Papers hal-02468337, HAL.
    3. Massol, Olivier & Tchung-Ming, Stéphane & Banal-Estañol, Albert, 2015. "Joining the CCS club! The economics of CO2 pipeline projects," European Journal of Operational Research, Elsevier, vol. 247(1), pages 259-275.
    4. Frédérick Bernard & Anne Prieur, 2006. "Biofuel market and carbon modeling to evaluate French biofuel policy," Working Papers hal-02469003, HAL.
    5. Li, Xuehui & Lin, Boqiang, 2013. "Global convergence in per capita CO2 emissions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 24(C), pages 357-363.
    6. Massol, O. & Banal-Estanol, A., 2012. "Export diversification and resource-based industrialization: the case of natural gas," Working Papers 12/01, Department of Economics, City University London.
    7. Massol, O. & Tchung-Ming, S., 2012. "Joining the CCS Club! Insights from a Northwest European CO2 Pipeline Project," Working Papers 12/10, Department of Economics, City University London.
    8. Benoît Chèze & Pascal Gastineau & Julien Chevallier, 2011. "Air traffic energy efficiency differs from place to place: New results from a macro-level approach," International Economics, CEPII research center, issue 126-127, pages 151-177.
    9. Abada, Ibrahim & Massol, Olivier, 2011. "Security of supply and retail competition in the European gas market.: Some model-based insights," Energy Policy, Elsevier, vol. 39(7), pages 4077-4088, July.
    10. Brémond, Vincent & Hache, Emmanuel & Mignon, Valérie, 2012. "Does OPEC still exist as a cartel? An empirical investigation," Energy Economics, Elsevier, vol. 34(1), pages 125-131.
    11. Menten, Fabio & Tchung-Ming, Stéphane & Lorne, Daphné & Bouvart, Frédérique, 2015. "Lessons from the use of a long-term energy model for consequential life cycle assessment: The BTL case," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 942-960.
    12. Denis Babusiaux & Axel Pierru, 2000. "Calculs de rentabilité et mode de financement des projets d'investissement Propositions méthodologiques," Working Papers hal-02437391, HAL.
    13. Isabelle Cadoret & Patricia Renou, 1991. "Élasticités et substitutions énergétiques : difficultés méthodologiques," Working Papers hal-02432639, HAL.
    14. Amandine Chevalier & Frédéric Lantz, 2013. "Personal car, public transport and other alternatives? Predicting potential modal shifts from multinomial logit models and bootstrap confidence intervals," Working Papers hal-02474779, HAL.
    15. Frédéric Lantz & Chris Ioannidis, 1992. "Analysis of the French gasoline market since the deregulation of prices," Working Papers hal-02434388, HAL.
    16. Benoît Chèze & Julien Chevallier & Pascal Gastineau, 2012. "Will technological progress be sufficient to stabilize CO2 emissions from air transport in the mid-term?," EconomiX Working Papers 2012-35, University of Paris Nanterre, EconomiX.
    17. Denis Babusiaux & Pierre-René Bauquis, 2007. "Depletion of Petroleum Reserves and Oil Price trends," Working Papers hal-02469371, HAL.
    18. Abada, Ibrahim & Briat, Vincent & Massol, Olivier, 2013. "Construction of a fuel demand function portraying interfuel substitution, a system dynamics approach," Energy, Elsevier, vol. 49(C), pages 240-251.
    19. Christophe Barret & Philippe Chollet, 1990. "Canadian Gas Exports : Modeling a Market in Disequilibrium," Working Papers hal-02432570, HAL.
    20. Jean-Pierre Indjehagopian & Frédéric Lantz & Vincent Simon, 1998. "Dynamique des prix sur le marché des fiouls domestiques en Europe," Working Papers hal-02435489, HAL.
    21. Toni Cavatorta, 2002. "La seconde phase de libéralisation des marchés du gaz de l'Union européenne : enjeux et risques pour le secteur gazier français," Working Papers hal-02468227, HAL.
    22. Elodie Le Cadre & Frederic Lantz & Pierre-André Jouvet, 2011. "The bioenergies development: the role of biofuels and the C02 price," Working Papers hal-02505389, HAL.
    23. Diaz, A. & Proost, S., 2014. "Second-best urban tolling with distributive concerns," Economics of Transportation, Elsevier, vol. 3(4), pages 257-269.
    24. Fabio Menten & Benoît Chèze & Laure Patouillard & Frédérique Bouvart, 2013. "The use of Meta-Regression Analysis to harmonize LCA literature: an application to GHG emissions of 2nd and 3rd generation biofuels," Working Papers 2013/01, INRA, Economie Publique.
    25. ., 2013. "Globalization and multinationals in a historical process," Chapters, in: Multinationals and Economic Geography, chapter 6, pages 244-283, Edward Elgar Publishing.
    26. François Lescaroux, 2007. "Car ownership in relation to income distribution and consumers' spending decisions," Working Papers hal-02469396, HAL.
    27. Jean-Pierre Favennec & Denis Babusiaux, 2000. "Quel futur pour le prix du brut ?," Working Papers hal-02437406, HAL.
    28. Vincent Brémond & Emmanuel Hache & Marc Joëts, 2013. "On the link between oil and commodity prices: a panel VAR approach," Working Papers hal-02474855, HAL.
    29. A. Fauveau & Philippe Chollet & Frédéric Lantz, 1991. "Changements structurels dans un modèle économétrique de demande de carburant," Working Papers hal-02432717, HAL.
    30. Pierru, Axel, 2007. "Allocating the CO2 emissions of an oil refinery with Aumann-Shapley prices," Energy Economics, Elsevier, vol. 29(3), pages 563-577, May.
    31. Emmanuel Hache & Frédéric Lantz, 2011. "Oil price volatility: An Econometric Analysis of the WTI Market," Working Papers hal-02472326, HAL.
    32. Elodie Le Cadre & Frederic Lantz & Arash Farnoosh, 2011. "Bioenergies usages in electricity generation utility means through a modelling approach: an application to the French case," Working Papers hal-02505412, HAL.
    33. Comello, Stephen & Reichelstein, Stefan, 2014. "Incentives for early adoption of carbon capture technology," Energy Policy, Elsevier, vol. 74(C), pages 579-588.
    34. Denis Babusiaux, 2000. "Les émissions de CO2 en raffinerie et leur affectation aux différents produits finis," Working Papers hal-02460769, HAL.
    35. Arash Farnoosh & Frédéric Lantz & Jacques Percebois, 2013. "Electricity generation analyses in an oil-exporting country : Transition to non-fossil fuel based power units in Saudi Arabia," Working Papers hal-02474811, HAL.
    36. ., 2013. "Global finance and payments imbalances," Chapters, in: Global Finance After the Crisis, chapter 3, pages 43-70, Edward Elgar Publishing.
    37. Benoit Chèze & Pascal Gastineau & Julien Chevallier, 2011. "Air traffic energy efficiency differs from place to place: analysis of historical trends by geographical zones using a macro-level methodology," Working Papers hal-02474644, HAL.
    38. Axel Pierru & Denis Babusiaux, 2007. "A note on the valuation of subsidized Loans - Working paper," Working Papers hal-02469345, HAL.
    39. Karim Faid, 1992. "Analysis of the oil futures market," Working Papers hal-02434392, HAL.
    40. Unknown, 2013. "Global Rice Science Partnership: Partnership in Motion," IRRI Books, International Rice Research Institute (IRRI), number 164464.
    41. Laetitia de Maack & Frédéric Lantz, 2012. "Petroleum products price interactions on the world markets : an econometric analysis," Working Papers hal-03206442, HAL.
    42. Eric Delafosse, 1993. "Pays en développement et enjeux gaziers : prendre en compte les contraintes d'accès aux ressources locales," Working Papers hal-02434410, HAL.
    43. Isabelle Cadoret & Jean-Luc Karnik, 1991. "Modélisation de la demande de gaz naturel dans le secteur domestique : France, Italie, Royaume-Uni. 1978-1989," Working Papers hal-02432680, HAL.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anthony Paris, 2016. "The Effect of Biofuels on the Link between Oil and Agricultural Commodity Prices: A Smooth Transition Cointegration Approach," EconomiX Working Papers 2016-5, University of Paris Nanterre, EconomiX.
    2. Dupoux, Marion, 2019. "The land use change time-accounting failure," Ecological Economics, Elsevier, vol. 164(C), pages 1-1.
    3. Emmanuel Hache, 2018. "Do renewable energies improve energy security in the long run?," International Economics, CEPII research center, issue 156, pages 127-135.
    4. Massol, Olivier & Tchung-Ming, Stéphane & Banal-Estañol, Albert, 2018. "Capturing industrial CO2 emissions in Spain: Infrastructures, costs and break-even prices," Energy Policy, Elsevier, vol. 115(C), pages 545-560.
    5. Jagu Schippers, Emma & Massol, Olivier, 2022. "Unlocking CO2 infrastructure deployment: The impact of carbon removal accounting," Energy Policy, Elsevier, vol. 171(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vincent Brémond & Emmanuel Hache & Tovonony Razafindrabe, 2015. "On the link between oil price and exchange rate : A time-varying VAR parameter approach," Working Papers hal-03206684, HAL.
    2. Anthony Paris, 2016. "The Effect of Biofuels on the Link between Oil and Agricultural Commodity Prices: A Smooth Transition Cointegration Approach," EconomiX Working Papers 2016-5, University of Paris Nanterre, EconomiX.
    3. Hache, Emmanuel, 2018. "Do renewable energies improve energy security in the long run?," International Economics, Elsevier, vol. 156(C), pages 127-135.
    4. Dupoux, Marion, 2019. "The land use change time-accounting failure," Ecological Economics, Elsevier, vol. 164(C), pages 1-1.
    5. Axel Pierru & Denis Babusiaux, 2000. "Coût du capital et étude de rentabilité d'investissement : une formulation unique de l'ensemble des méthodes," Working Papers hal-02437423, HAL.
    6. Axel Pierru, 2002. "Extension d'un théorème de dualité en programmation linéaire Application à la décomposition de coûts marginaux de long terme," Working Papers hal-02460879, HAL.
    7. Denis Babusiaux, 1999. "Mondialisation et formes de concurrence sur les grands marchés de matières premières énergétiques : Le pétrole," Working Papers hal-02437359, HAL.
    8. Denis Babusiaux, 2000. "Éléments pour l'analyse des évolutions des prix du brut," Working Papers hal-02460816, HAL.
    9. Axel Pierru & Denis Babusiaux, 2004. "Évaluation de projets d'investissement par une firme multinationale : généralisation du concept de coût moyen pondéré du capital et conséquences sur la valeur de la firme," Working Papers hal-02468351, HAL.
    10. Toni Cavatorta & Maxime Schenckery, 2003. "Les majors pétroliers vers le multi-énergies : mythe ou réalité ?," Working Papers hal-02468321, HAL.
    11. Muriel Cadren, 1994. "Analyse économétrique de l'intégration européenne des produits pétroliers : le marché du diesel en Allemagne et en France," Working Papers hal-02434437, HAL.
    12. Axel Pierru & Alessandro Mauro, 1999. "Actions et obligations : des options qui s'ignorent," Working Papers hal-02437338, HAL.
    13. Sandro Furlan, 1994. "L'apport de la théorie économique à la définition d'externalité," Working Papers hal-02434431, HAL.
    14. Massol, Olivier & Tchung-Ming, Stéphane & Banal-Estañol, Albert, 2018. "Capturing industrial CO2 emissions in Spain: Infrastructures, costs and break-even prices," Energy Policy, Elsevier, vol. 115(C), pages 545-560.
    15. Ibrahim Abada, 2012. "A stochastic generalized Nash-Cournot model for the northwestern European natural gas markets with a fuel substitution demand function: The S-GaMMES model," Working Papers 1202, Chaire Economie du climat.
    16. Ibrahim Abada, 2012. "Study of the evolution of the northwestern European natural gas markets using S-GaMMES," Working Papers 1203, Chaire Economie du climat.
    17. Ibrahim Abada & Steven Gabriel & Vincent Briat & Olivier Massol, 2013. "A Generalized Nash–Cournot Model for the Northwestern European Natural Gas Markets with a Fuel Substitution Demand Function: The GaMMES Model," Networks and Spatial Economics, Springer, vol. 13(1), pages 1-42, March.
    18. Jean-Pierre Nicolas & Damien Verry & Zahia Longuar, 2012. "Évolutions récentes des émissions de CO2 liées à la mobilité des Français : analyser les dynamiques à l'œuvre grâce aux enquêtes nationales Transports de 1994 et 2008," Post-Print halshs-01716169, HAL.
    19. Jean-Pierre Nicolas & Damien Verry & Zahia Longuar, 2012. "Évolutions récentes des émissions de CO2 liées à la mobilité des Français : analyser les dynamiques à l’œuvre grâce aux enquêtes nationales Transports de 1994 et 2008," Économie et Statistique, Programme National Persée, vol. 457(1), pages 161-183.
    20. Frédérick Bernard & Anne Prieur, 2006. "Biofuel market and carbon modeling to evaluate French biofuel policy," Working Papers hal-02469003, HAL.

    More about this item

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-02475485. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.