气候变化领域集成服务门户(CCPortal): The Potential Impact of the U.S. Carbon Capture and Storage Tax Credit Expansion on the Economic Feasibility of Industrial Carbon Capture and Storage

CCPortal

DOI	10.1016/j.enpol.2020.112064
	The Potential Impact of the U.S. Carbon Capture and Storage Tax Credit Expansion on the Economic Feasibility of Industrial Carbon Capture and Storage
	Tarufelli B.; Snyder B.; Dismukes D.
发表日期	2021
ISSN	03014215
卷号	149
英文摘要	In early 2018, the U.S. Congress expanded the 45Q tax credit program for the capture, storage, and utilization of CO2. The 45Q tax credit expansion creates a financial incentive of $50 for each tonne of CO2 placed in long-term storage, a significant increase from the $20 per tonne that was originally authorized in the Energy Policy Act of 2008. Here, we estimate the net present value of industrial carbon capture and storage with the $50 per tonne credit and find that in some industrial systems, the costs of capturing, transporting, and storing one tonne of CO2 is less than $50. For systems in which the $50 tax credit is not cost effective, economies of scale associated with small emissions quantities are limiting, and a simple gaseous transportation solution which saves on CO2 compression costs improves economics in some cases. However, the $50 tax credit is unlikely to be sufficient to stimulate changes in the management of most industrial CO2 emissions. © 2020 Elsevier Ltd
关键词	Capture CCUS costs CCUS economics Source-to-sink matching Storage Transport
英文关键词	Carbon capture; Carbon dioxide; Cost benefit analysis; Cost effectiveness; Costs; Expansion; Industrial emissions; Taxation; Economic feasibilities; Economies of scale; Energy Policy Act; Financial incentives; Industrial systems; Long-term storage; Net present value; Potential impacts; Industrial economics; carbon dioxide; carbon emission; carbon sequestration; carbon storage; economic activity; economy of scale; emissions trading; environmental economics; feasibility study; industrial emission; pollution tax; tax system; United States
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/205367
作者单位	Center for Energy Studies, Louisiana State University, Energy, Coast and Environment Bldg, Baton Rouge, LA 70803, United States; Department of Environmental Science, Louisiana State University, Energy, Coast and Environment Bldg, Baton Rouge, LA 70803, United States
推荐引用方式 GB/T 7714	Tarufelli B.,Snyder B.,Dismukes D.. The Potential Impact of the U.S. Carbon Capture and Storage Tax Credit Expansion on the Economic Feasibility of Industrial Carbon Capture and Storage[J],2021,149.
APA	Tarufelli B.,Snyder B.,&Dismukes D..(2021).The Potential Impact of the U.S. Carbon Capture and Storage Tax Credit Expansion on the Economic Feasibility of Industrial Carbon Capture and Storage.Energy Policy,149.
MLA	Tarufelli B.,et al."The Potential Impact of the U.S. Carbon Capture and Storage Tax Credit Expansion on the Economic Feasibility of Industrial Carbon Capture and Storage".Energy Policy 149(2021).