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Erschienen in: Mitigation and Adaptation Strategies for Global Change 1/2008

01.01.2008 | Original Paper

Political commitment to CO2 capture and storage: evidence from government RD&D budgets

verfasst von: Andreas Tjernshaugen

Erschienen in: Mitigation and Adaptation Strategies for Global Change | Ausgabe 1/2008

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Abstract

For CO2 capture and storage (CCS) to succeed as a mitigation strategy, political commitment is one of several prerequisites. This article offers an appraisal of political commitment to a CCS strategy among high-income countries in Europe and North America: Which governments are committed, and what particular interests and concerns do they seek to accommodate by supporting CCS? In order to answer these questions, new data are reported on government CCS research, development and demonstration (RD&D) budgets. RD&D budgets divided by GDP is used as an indicator of political commitment, and explanations are sought for cross-national differences. The analysis shows that fossil fuels reserves and extraction within a country has a very strong bearing on funding levels. Likely explanations include the potential for combining CCS with enhanced resource recovery. All large economies (population >50 million) have a funding program. The smaller states that provide funding (Norway, Canada, the Netherlands) have the highest funding levels relative to GDP. These findings suggest that high-income petroleum producing countries are likely to be leaders in promoting CCS and a favorable regulatory environment. The fact that all large, high-income countries in the two regions now display some interest in CCS further improves its political outlook.
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Fußnoten
1
Where the project period started or ended during 2005, a share of average annual funding corresponding to the number of months that the project was active during 2005 was used.
 
2
In an additional regression not reported here, EC RD&D budgets were distributed on all member states according to GDP (and without the EU as a separate unit of observation). Running models 2a–c, Table 3, with this setup yielded somewhat different coefficients, but did not change the overall conclusions. I consider this approach inferior because it relies on an arbitrarily chosen distribution key that does not reflect the underlying political process. Neither of the two other obvious alternatives—treating the EU countries as a bloc only, or excluding EC funding from the analysis—would reflect the actual situation where both individual member states and the EC make important funding decisions.
 
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Metadaten
Titel
Political commitment to CO2 capture and storage: evidence from government RD&D budgets
verfasst von
Andreas Tjernshaugen
Publikationsdatum
01.01.2008
Verlag
Springer Netherlands
Erschienen in
Mitigation and Adaptation Strategies for Global Change / Ausgabe 1/2008
Print ISSN: 1381-2386
Elektronische ISSN: 1573-1596
DOI
https://doi.org/10.1007/s11027-006-9077-y

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