Formulating decarbonisation strategies with carbon capture, utilization, and storage (CCUS) technologies, as well as integration of an environmental, social, and governance (ESG) strategy into the core business of multinational companies, are highly debated research areas. The former would bring...

This paper develops a welfare and public economics perspective on optimal policies for carbon removal and storage (CDR) in permanent and non-permanent sinks. Non-permanent CDR reduces mitigation costs, even though the stored carbon is released into the atmosphere eventually. It may serve as...

Public acceptance has influenced the evolution of carbon capture and storage (CCS) in Europe. To study the mechanisms behind this, we use evolutionary game theory where the governmental policy towards CCS, such as subsidies to the industry, is dependent on public acceptance. Public acceptance...

As climate negotiators gathered in Belém for the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30), the surrounding rainforest was in the spotlight, with COP30 being dubbed a “forest COP”. As one of its key projects, the Brazilian government...

Climate change damages vary across countries, because of regional variation in climate metrics like temperature and regional variation in economic exposure. This is evident in the breakdown of the social cost of carbon: the country social cost of carbon (CSCC). While for the former a large...

In diesem Zukunftsimpuls beleuchten Forschende des Wuppertal Instituts das geplante Kohlenstoffmanagement in Deutschland umfassend und praxisnah: Nach einer kompakten Einführung in das Thema - inklusive Lessons Learned aus früheren Debatten - legen sie eine grundlegende Einschätzung...

This note examines the state of carbon farming (CF) policies in the European Union (EU), highlighting their potential to deliver significant public benefits, such as improved soil health, air quality, and climate mitigation. The existing mechanisms for encouraging carbon sequestration and...

The South African government has proven its commitment to the reduction of anthropogenic carbon emissions by unveiling the carbon capture, utilization, and storage (CCUS) pilot demonstration research site on August 30, 2024. The CCUS approach is to form part of the Integrated Resource Plan as...

This study aims to evaluate the development quality of marine carbon sinks in China's coastal regions under the strategic background of the "carbon peak and carbon neutrality" initiative, while identifying regional disparities and multidimensional driving factors to support high-quality marine...

This paper studies the adoption of clean technology in an oligopolistic setting, focusing on carbon capture and storage (CCS) in the cement sector. Firms can choose between two technologies: a carbon-intensive ("dirty") technology and a low-carbon ("clean") one. Initially, all firms operate with...

Whereas hydrogen is currently a marginal energy carrier, the aim of the EU is to trigger low-carbon hydrogen production that covers around 10 percent of EU’s energy needs by 2050. If this comes true, it will be an energy revolution. We study competition between green and blue hydrogen by...

Because of its important role in China, many scholars have addressed the decarbonization of the Yangtze River Delta Region (YRDR). However, little work has been conducted on appropriate ways to transform the YRDR power system into a carbon-neutral system. This study develops an optimization...

This report provides a description of the land use, land use change, and forestry (LULUCF) sector, as a relatively new sector in EU climate governance. It assesses the sector in terms of reported GHG emissions and removals, based on information provided in the latest EU greenhouse gas...

In the discussions being held at EU level about the 2040 mitigation target, the role of international credits has recently taken centre stage. The new momentum in those discussions is due in part to the German government having announced its support for a mitigation target of a net 90 per cent...

Carbon capture and storage (CCS) is no silver bullet but could be a nugget of gold. It is a way to ensure that strategic industries can be both decarbonised and kept in Europe. The EU should instrumentalise the technology to become the world's carbon banking hub and setter of the global CO2...

Carbon capture and storage (CCS) is no silver bullet but could be a nugget of gold. It is a way to ensure that strategic industries can be both decarbonised and kept in Europe. The EU should instrumentalise the technology to become the world's carbon banking hub and setter of the global CO2...

Central Asian economies, particularly Kazakhstan and Uzbekistan, are pursuing increasingly ambitious goals for renewable energy. Apart from China - an established player in the market - it has increasingly been Gulf countries that have been implementing respective projects, particularly Saudi...

In diesem Zukunftsimpuls beleuchten Forschende des Wuppertal Instituts das geplante Kohlenstoffmanagement in Deutschland umfassend und praxisnah: Nach einer kompakten Einführung in das Thema – inklusive Lessons Learned aus früheren Debatten – legen sie eine grundlegende Einschätzung...

Carbon Capture and Utilisation (CCU) is one of the more mature approaches to carbon neutrality, yet simultaneously one of the least understood or categorically defined. This paper intends to provide a broad-based overview of CCU, as well as a deeper dive that will incorporate scalability, market...

High costs, technical difficulties, and policy uncertainties are the main challenges in carbon capture technology investments. Therefore, innovative financial products are required to develop projects that overcome these difficulties. Some issues must be considered when developing innovative...

The dynamics of organic soil carbon (SOC) play an important role in atmospheric CO2 concentrations and are therefore included in national greenhouse gas inventories. SOC is also essential for soil fertility. On behalf of the Federal Ministry of Food and Agriculture, the Thünen Institute of...

Residual waste is no longer just ‘trash’ in the UK – it is a strategic climate resource. This new OIES study shows why policymakers and industry leaders need to rethink where it goes. The paper compares two competing pathways: using waste in Energy-from-Waste plants with carbon capture...

BECCS (Bioenergie mit CO 2-Abscheidung und -Speicherung) kombiniert die CO 2- Abscheidung und -Speicherung mit der Nutzung von Bioenergie. Wichtig ist, dass die CO 2-Speicherung dauerhaft ist, was BECCS von anderen Ansätzen wie BECCU (Nutzung von CO 2) unterscheidet. In Deutschland trägt das...

With its Industrial Carbon Management Strategy, the European Commission has defined an initial framework for the future promotion of CO2 capture, storage and use in the EU. In particular, negative emission technologies like direct air capture promise to play a key long-term role on the path...

Es besteht mittlerweile ein Konsens, dass die CO2 -Abscheidung und Speicherung (CSS) eine Rolle bei der Erreichung von Klimaneutralität spielen sollte. Vor dem Hintergrund der nationalen und internationalen Entwicklung stellt sich die Frage, welche Emissionen überhaupt über CCS gemindert...

Carbon dioxide removal (CDR) is becoming an emerging topic in climate policy. We review the nascent economic literature on the governance of CDR and discuss policy design and institutions. We first assess the role of CDR in climate policy portfolios that include abatement and adaptation. Cost...

Carbon capture and storage (henceforward CCS) is a set of technologies aimed at capturing, transporting and permanently storing CO2 that would otherwise be emitted into the atmosphere. CCS plays a vital role in reducing emissions from various energy industries such as steel, cement, chemicals...

Achieving our ambitious climate targets requires a significant reduction in C02 emissions in the coming years. While much of this can be achieved through investing in energy efficiency and renewable energy, we will also need technologies that can capture and store C02, or utilise it. This will...