DOI: 10.1016/j.enpol.2020.112064
论文题名: The Potential Impact of the U.S. Carbon Capture and Storage Tax Credit Expansion on the Economic Feasibility of Industrial Carbon Capture and Storage
作者: Tarufelli B. ; Snyder B. ; Dismukes D.
刊名: Energy Policy
ISSN: 03014215
出版年: 2021
卷: 149 语种: 英语
中文关键词: Capture
; CCUS costs
; CCUS economics
; Source-to-sink matching
; Storage
; Transport
英文关键词: Carbon capture
; Carbon dioxide
; Cost benefit analysis
; Cost effectiveness
; Costs
; Expansion
; Industrial emissions
; Taxation
; Economic feasibilities
; Economies of scale
; Energy Policy Act
; Financial incentives
; Industrial systems
; Long-term storage
; Net present value
; Potential impacts
; Industrial economics
; carbon dioxide
; carbon emission
; carbon sequestration
; carbon storage
; economic activity
; economy of scale
; emissions trading
; environmental economics
; feasibility study
; industrial emission
; pollution tax
; tax system
; United States
英文摘要: In early 2018, the U.S. Congress expanded the 45Q tax credit program for the capture, storage, and utilization of CO2. The 45Q tax credit expansion creates a financial incentive of $50 for each tonne of CO2 placed in long-term storage, a significant increase from the $20 per tonne that was originally authorized in the Energy Policy Act of 2008. Here, we estimate the net present value of industrial carbon capture and storage with the $50 per tonne credit and find that in some industrial systems, the costs of capturing, transporting, and storing one tonne of CO2 is less than $50. For systems in which the $50 tax credit is not cost effective, economies of scale associated with small emissions quantities are limiting, and a simple gaseous transportation solution which saves on CO2 compression costs improves economics in some cases. However, the $50 tax credit is unlikely to be sufficient to stimulate changes in the management of most industrial CO2 emissions. © 2020 Elsevier Ltd Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/168044
Appears in Collections: 气候变化与战略
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作者单位: Center for Energy Studies, Louisiana State University, Energy, Coast and Environment Bldg, Baton Rouge, LA 70803, United States; Department of Environmental Science, Louisiana State University, Energy, Coast and Environment Bldg, Baton Rouge, LA 70803, United States
Recommended Citation:
Tarufelli B.,Snyder B.,Dismukes D.. The Potential Impact of the U.S. Carbon Capture and Storage Tax Credit Expansion on the Economic Feasibility of Industrial Carbon Capture and Storage[J]. Energy Policy,2021-01-01,149