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Climate Notes: “Carbon Capture and Storage” – What is the Cost of Cutting Emissions?

Christian Leßmann, Arne Steinkraus
ifo Institut, München, 2016

ifo Schnelldienst, 2016, 69, Nr. 05, 51-54

Christian Leßmann and Arne Steinkraus, Technical University of Braunschweig, show that, despite its high cost, CCS technology, which extracts carbon dioxide from power plant emissions and subsequently stores it underground, can help to lower global greenhouse gas emissions.

JEL Classification: Q530, Q550

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Journal (Complete Issue)
ifo Institut, München, 2016