Author(s): Román, M., Saraiva Schott, F.
In: Energy Procedia 4, 5721-5728, 10th International Conference on Greenhouse Gas Control Technologies
Type: Conference paper
Link to SEI author(s):
Sleipner and Pre-Salt: The competitive strategic concerns of promoting CCS in Norway and Brazil
It is regularly argued that carbon capture and sequestration (CCS) deployment is more likely to occur in developed countries associated with high fossil fuels dependence levels, greenhouse gas emissions sources, and specific emissions-related taxes.
Yet of the most advanced countries in CCS deployment, Norway and Brazil only partially fulfill these criteria. This preliminary analysis suggests that CCS in both cases has been applied as a strategic tool for economic competitiveness, rather than a climate change mitigation option, with public and/or private regulatory arrangements providing initial incentives to take the technology off the ground.
The findings have implications for policymaking since it, by altering our notion of the drivers for action, they could lead to alternative appraoches to incentives and policy instruments to promote CCS.
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