Macroeconomic Impacts of Carbon Capture and Storage in China

Environmental and Resource Economics

Volumn 59, Issue 3, 2014, Pages 455-477

  Vennemo, Haakon ^a   He, Jianwu ^b   Li, Shantong ^b  

^a OSLO METROPOLITAN UNIVERSITY   (Norway)

^b Development Research Center of the State Council   (China)

Author keywords

CCS; China; Climate; GGE

Indexed keywords

COAL; COAL DEPOSITS; COAL INDUSTRY; FINANCE; GAS EMISSIONS; GREENHOUSE GASES;

CARBON CAPTURE AND STORAGES (CCS); CHINA; CLIMATE; COAL RESOURCES; KEY TECHNOLOGIES; LONG TERM PLANNING; MACROECONOMIC IMPACT; POLICY ANALYSIS;

CARBON CAPTURE;

CARBON EMISSION; CARBON SEQUESTRATION; COAL; ENERGY USE; FINANCIAL SYSTEM; GREENHOUSE GAS; GROSS DOMESTIC PRODUCT; MACROECONOMICS; POLICY ANALYSIS; POWER PLANT; RESOURCE ECONOMY;

CHINA;

EID: 84912016107     PISSN: 09246460     EISSN: 15731502     Source Type: Journal    
DOI: 10.1007/s10640-013-9742-z     Document Type: Article

References (37)

1. Aunan K, Berntsen T, O’Connor D, Persson TH, Vennemo H, Zhai F (2007) Benefits and costs to China of a climate policy. Environ Dev Econ 12(3):471–497
2. Calvin K, Clarke L, Krey V, Blanford G, Jiang K, Kainuma M, Kriegler E, Luderer G, Shukla PR (2012) The role of Asia in mitigating climate change: results from the Asia modeling exercise. Energy Econ 34:S251–S260
3. Chen W (2011) The potential role of CCS to mitigate carbon emissions in future China. Energy Procedia 4:6007–6014
4. China Daily (2013) China to further promote CCS efforts. Updated 2013-05-15. Chinadaily.com.cn
5. Clarke L, Krey V, Weyant J, Chaturvedi V (2012) Regional energy system variation in global models: results from the Asian modeling exercise scenarios. Energy Econ 34:S293–S305
6. Copeland BR, Taylor MS (2004) Trade, growth and the environment. J Econ Lit 42:7–72
7. EIA (2010) Annual energy outlook. US Energy Information Administration. http://www.eia.doe.gov/oiaf/aeo/electricity_generation.html
8. Golan A, Judge G, Robinson S (1994) Recovering information from incomplete or partial multisectoral economic data. Rev Econ Stat 76:541–549
9. Golombek R, Greaker M, Kittelsen SAC, Røgeberg O, Aune FR (2011) Carbon capture and storage technologies in the European power market. Energy J 32(3):209–238
10. Hart C, Liu H (2010) Advancing carbon capture and sequestration in China: a global learning laboratory. China environment series, vol 11. Woodrow Wilson Center. http://www.wilsoncenter.org/publication/china-environment-series-1120102011
11. Hertel T, Zhai F (2006) Labor market distortions, rural-urban inequality and the opening of China’s economy. Econ Model 23(1):76–109
12. IEA (2008) $$\text{ CO }_{2}$$CO2 capture and storage: a key abatement option. International Energy Authority, Paris
13. IEA (2009) Technology roadmap carbon capture and storage. International Energy Authority, Paris
14. IEA (2010) Projected costs of generating electricity, 2010th edn. International Energy Authority, Paris
15. IPCC (2006) Carbon dioxide capture and storage. http://www.ipcc.ch/pdf/special-reports/srccs/srccs_wholereport.pdf
16. Li S (2011) China in 2030. Jingji Kexue Press, Beijing (in Chinese)
17. Li XC, Wei N, Fang ZM, Li Q, Dahowski RT, Davidson CL (2011) Early opportunities for carbon capture and storage in China. Energy Procedia 4:6029–6036
18. Liu Q, Shi M, Jiang K (2009) New power generation technology options under the greenhouse gases mitigation scenario in China. Energy Policy 37:2440–2449
19. Mi R, Ahammad H, Hitchins N, Heyhoe E (2012) Development and deployment of clean energy technologies in Asia: a multi-scenario analysis using GTEM. Energy Econ 34:S399–S409
20. MIT (2007) The future of coal. http://web.mit.edu/coal/The_Future_of_Coal.pdf
21. NBS (2011) China energy statistical yearbook. China Statistics Press, Beijing
22. New Energy Web (2010) It’s time for adjusting on-grid price of renewable energy (in Chinese). http://www.newenergy.org.cn/html/0105/5171032525.html. Accessed 17 May 2010
23. Nicholson M, Biegler T, Brook BW (2011) How carbon pricing changes the relative competitiveness of low-carbon baseload generating technologies. Energy 36:305–313
24. NREL (2004) Biomass power and conventional fossil systems with and without $$\text{ CO }_{2}$$CO2 sequestration. http://www.nrel.gov/docs/fy04osti/32575.pdf
25. Ringius L, Torvanger A, Underdal A (2002) Burden sharing and fairness principles in international climate policy. Int Environ Agreem Politics Law Econ 2:1–22
26. Robinson S, El-Said M (2000) GAMS code for estimating a social accounting matrix (SAM) using cross entropy (CE) methods. IFPRI working paper, International Food Policy Research Institute, Washington, DC 20006, USA, December 2000
27. Robinson, S, Cattaneo A, El-Said M (2000) Updating and estimating a social accounting matrix using cross entropy methods. IFPRI working paper, International Food Policy Research Institute, Washington, DC 20006, USA, August 2000
28. Succar S, Greenblatt JB, Williams RH (2006) Comparing coal IGCC with CCS and wind-CAES baseload power options. http://www.princeton.edu/pei/energy/presentations/succar_nrel_2007.pdf
29. Theil H (1967) Economics and information theory. Rand McNally, Chicago, IL
30. Vennemo H, Aunan K, He J, Hu T, Li S, Rypdal K (2008) Environmental implications of China’s WTO accession. Ecol Econ 64(4):893–911
31. Vennemo H, Aunan K, He J, Hu T, Li S (2009) Benefits and costs to China of three different climate treaties. Resour Energy Econ 31:139–160
32. Wang Y, Xu D, Wang Z, Zhai F (2004) Options and impact of China’s pension reform: a computable general equilibrium analysis. J Comp Econ 32(1):105–127
33. World Bank (2004) Clean development mechanism in China. Taking a proactive and sustainable approach. 2nd edn
34. World Bank and DRC (2012) China 2030. Building a modern, harmonious and creative high-income society. Conference edition
35. World Energy Council (2007) Survey of energy resources 2007. World Energy Council
36. Zhai F, Li S (2002) The impact of WTO accession on income disparity in China. In: Renard M-F (ed) China and its regions: economic growth and reform in Chinese provinces, new horizons in international business. Edward Elgar, Cheltenham, pp 121–146
37. Zheng L, Dongjie Z, Linwei M, West L, Weidou N (2011) The necessity of and policy suggestions for implementing a limited number of large scale, fully integrated CCS demonstrations in China. Energy Policy 39:5347–5355