Journal article 214 views 61 downloads
Unlocking Carbon Capture and Storage Potential: Policy Incentives, Economic Challenges, and Infrastructure Integration for CO2 Transport
,
Guoqing Zhao ,
Jianing Song
CHAIN, Volume: 2, Issue: 3, Pages: 211 - 226
Swansea University Authors:
Rui Tan , Guoqing Zhao , Jianing Song
-
PDF | Version of Record
© The author(s) 2025. The articles published in this open-access journal are distributed under the terms of the Creative Commons Attribution 4.0 International License.
Download (28.8MB)
DOI (Published version): 10.23919/chain.2025.000015
Abstract
As countries accelerate efforts to meet carbon neutrality targets, carbon capture and storage (CCS) is gaining renewed attention as a critical mitigation strategy. This review provides a structured synthesis of global CCS policy evolution, highlighting how incentive mechanisms have shifted from gene...
| Published in: | CHAIN |
|---|---|
| ISSN: | 2097-3470 2097-3489 |
| Published: |
Institute of Electrical and Electronics Engineers (IEEE)
2025
|
| Online Access: |
Check full text
|
| URI: | https://cronfa.swan.ac.uk/Record/cronfa70740 |
| Abstract: |
As countries accelerate efforts to meet carbon neutrality targets, carbon capture and storage (CCS) is gaining renewed attention as a critical mitigation strategy. This review provides a structured synthesis of global CCS policy evolution, highlighting how incentive mechanisms have shifted from generic subsidies toward hybrid approaches integrating carbon pricing, green finance, and legal risk-sharing. Building on this, the paper introduces a policy classification framework that categorizes instruments into market-based tools, command-and-control regulations, and institutional support, offering analytical coherence for future cross-country comparisons. Beyond the industrial and power sectors, the review foregrounds an often-overlooked CCS application: addressing residual emissions in hard-to-abate sectors such as transportation. We emphasize the strategic role of CO2 transport infrastructure-including pipelines, shipping routes, and port retrofitting-and introduce a dedicated section analyzing its cost-leveraging effects, infrastructure integration models, and life-cycle trade-offs. By embedding a life-cycle assessment (LCA) perspective, we demonstrate how different transport modes shape both economic and carbon efficiency. Drawing on case studies from the U.S., EU, and China, we distill key governance lessons and identify the enabling conditions for scaling up CCS deployment. The paper also highlights governance gaps related to cross-border infrastructure coordination, carbon market integration, and just siting. Overall, this review contributes to literature on CCS governance and infrastructure transitions by offering a replicable analytical structure, expanding the scope beyond capture technology, and linking fragmented insights into an integrated policy roadmap for large-scale CCS commercialization. |
|---|---|
| Item Description: |
Perspective |
| Keywords: |
carbon capture and storage (CCS), carbon neutrality policy incentive mechanisms, economic viability,climate policy, CO2 transport |
| College: |
Faculty of Science and Engineering |
| Issue: |
3 |
| Start Page: |
211 |
| End Page: |
226 |