Is Carbon Capture and Storage (CCS) Really So Expensive? An Analysis of Cascading Costs and CO₂ Emissions Reduction of Industrial CCS Implementation on the Construction of a Bridge.

ABSTRACT: Carbon capture and storage (CCS) is an essential technology to mitigate global CO₂ emissions from power and industry sectors. Despite the increasing recognition of its importance to achieve the net-zero target, current CCS deployment is far behind targeted ambitions. A key reason is that CCS is often perceived as too expensive. The costs of CCS have however traditionally been looked at from the industrial plant perspective, which does not necessarily reflect the end user's one. This paper addresses the incomplete view by investigating the impact of implementing CCS in industrial facilities on the overall costs and CO₂ emissions of end-user products and services. As an example, we examine the extent to which an increase in costs of raw materials (cement and steel) due

SUBMITTER: Subraveti SG 

PROVIDER: S-EPMC9933526 | biostudies-literature | 2023 Feb

REPOSITORIES: biostudies-literature