CCUS policy research for carbon neutrality
The introduction of China′s "Dual Carbon" strategic goals has positioned Carbon Capture, Utilization, and Storage (CCUS) technology as the sole option for realizing the low-carbon utilization of fossil energy and as a crucial means to support the carbon neutrality objective. However, durin...
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| Format: | Article |
| Language: | zho |
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Editorial Office of Energy Environmental Protection
2024-06-01
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| Series: | 能源环境保护 |
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| Online Access: | https://eep1987.com/en/article/4968 |
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| _version_ | 1850151752150548480 |
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| author | YAO Xing WEN Xin WU Jiahao ZHU Lei* LIU Yu HUANG Yan SUN Shuxin |
| author_facet | YAO Xing WEN Xin WU Jiahao ZHU Lei* LIU Yu HUANG Yan SUN Shuxin |
| author_sort | YAO Xing |
| collection | DOAJ |
| description | The introduction of China′s "Dual Carbon" strategic goals has positioned Carbon Capture, Utilization, and Storage (CCUS) technology as the sole option for realizing the low-carbon utilization of fossil energy and as a crucial means to support the carbon neutrality objective. However, during the critical period transitioning from the industrial demonstration to the commercial application phase, a disconnect exists between technology innovation, project operation, market development, and policy formulation. The disconnect limits the large-scale deployment and industrial development of CCUS technology. Therefore, it is vital to establish a policy system that includes both a normative support system and various policy tools for CCUS development. This paper reviews the latest achievements in policy mechanism research in the field of CCUS, considering the new situation faced by carbon peaking and carbon neutrality. It discusses the different types of policy tools adopted by major countries and regions, such as the United States, the United Kingdom, Australia, and the European Union, to promote CCUS development. Additionally, it analyzes the synergistic effects between macro-support policies, administrative order policies, financial incentive policies, and market mechanism policies. Finally, taking into account the opportunities and challenges faced by the development of CCUS, this paper proposes suggestions for designing incentive policies to facilitate the industrial development of China′s CCUS industry. The research results of this paper provide valuable insights and references for policymakers and researchers dealing with climate change and the "Dual Carbon" goals. |
| format | Article |
| id | doaj-art-aa615cf36b814d0d96844945fc30ccbf |
| institution | OA Journals |
| issn | 2097-4183 |
| language | zho |
| publishDate | 2024-06-01 |
| publisher | Editorial Office of Energy Environmental Protection |
| record_format | Article |
| series | 能源环境保护 |
| spelling | doaj-art-aa615cf36b814d0d96844945fc30ccbf2025-08-20T02:26:09ZzhoEditorial Office of Energy Environmental Protection能源环境保护2097-41832024-06-0138313514410.20078/j.eep.20240314CCUS policy research for carbon neutralityYAO Xing0WEN Xin1WU Jiahao2ZHU Lei* 3LIU Yu4HUANG Yan5SUN Shuxin6School of Economics and Management, Beihang UniversitySchool of Economics and Management, Beihang UniversitySchool of Economics and Management, Beihang UniversitySchool of Economics and Management, Beihang University1. College of Urban and Environmental Sciences, Peking University ;2. Institute of Carbon Neutrality, Peking UniversityChina Energy Jinjie Power Generation Co., Ltd.China Energy Jinjie Power Generation Co., Ltd.The introduction of China′s "Dual Carbon" strategic goals has positioned Carbon Capture, Utilization, and Storage (CCUS) technology as the sole option for realizing the low-carbon utilization of fossil energy and as a crucial means to support the carbon neutrality objective. However, during the critical period transitioning from the industrial demonstration to the commercial application phase, a disconnect exists between technology innovation, project operation, market development, and policy formulation. The disconnect limits the large-scale deployment and industrial development of CCUS technology. Therefore, it is vital to establish a policy system that includes both a normative support system and various policy tools for CCUS development. This paper reviews the latest achievements in policy mechanism research in the field of CCUS, considering the new situation faced by carbon peaking and carbon neutrality. It discusses the different types of policy tools adopted by major countries and regions, such as the United States, the United Kingdom, Australia, and the European Union, to promote CCUS development. Additionally, it analyzes the synergistic effects between macro-support policies, administrative order policies, financial incentive policies, and market mechanism policies. Finally, taking into account the opportunities and challenges faced by the development of CCUS, this paper proposes suggestions for designing incentive policies to facilitate the industrial development of China′s CCUS industry. The research results of this paper provide valuable insights and references for policymakers and researchers dealing with climate change and the "Dual Carbon" goals.https://eep1987.com/en/article/4968carbon capture， utilization， and storagepolicy and regulationpolicy recommendationsindustrial developmentopportunities and challenges |
| spellingShingle | YAO Xing WEN Xin WU Jiahao ZHU Lei* LIU Yu HUANG Yan SUN Shuxin CCUS policy research for carbon neutrality 能源环境保护 carbon capture， utilization， and storage policy and regulation policy recommendations industrial development opportunities and challenges |
| title | CCUS policy research for carbon neutrality |
| title_full | CCUS policy research for carbon neutrality |
| title_fullStr | CCUS policy research for carbon neutrality |
| title_full_unstemmed | CCUS policy research for carbon neutrality |
| title_short | CCUS policy research for carbon neutrality |
| title_sort | ccus policy research for carbon neutrality |
| topic | carbon capture， utilization， and storage policy and regulation policy recommendations industrial development opportunities and challenges |
| url | https://eep1987.com/en/article/4968 |
| work_keys_str_mv | AT yaoxing ccuspolicyresearchforcarbonneutrality AT wenxin ccuspolicyresearchforcarbonneutrality AT wujiahao ccuspolicyresearchforcarbonneutrality AT zhulei ccuspolicyresearchforcarbonneutrality AT liuyu ccuspolicyresearchforcarbonneutrality AT huangyan ccuspolicyresearchforcarbonneutrality AT sunshuxin ccuspolicyresearchforcarbonneutrality |