Optimal timing of carbon sequestration policies

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Date

2015

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Type de document
Périmètre
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Source

HAL SHS (Sciences de l’Homme et de la Société)

Collection

Archives ouvertes

Organisation

Centre pour la communication scientifique directe

Licence

info:eu-repo/semantics/OpenAccess

Sujets proches En

Carbon capture and storage CCS (Carbon sequestration) Carbon dioxide sequestration

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Jean-Pierre Amigues et al., « Optimal timing of carbon sequestration policies », HAL SHS (Sciences de l’Homme et de la Société), ID : 10670/1.a9efdc...

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Résumé En

Carbon capture and storage (CCS) is one of the most promising abatement options to curb CO2 emissions of the energy sector. Usually, in models where the atmospheric carbon stock is constrained to not exceed a given ceiling and under constant average costs, it is never optimal to deploy CCS before the time at which this ceiling is reached. In this paper, we show that, when the CCS technology is submitted to decreasing returns to scale, abatement activities must begin earlier, i.e. before the climate constraint binds. It must also cease strictly before the end of the ceiling period.

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