A Strategic Insight into Market Dynamics and Policy Solutions for Carbon Management
13 Pages Posted: 23 Jul 2024
Abstract
We conceptualize the market for carbon management capacity via CCUS-technologies, identifying demand and supply forces, as well as clarifying the impact of different policy tools instituted on technology developers versus technology adopters. The paper addresses a prevailing gap in market analysis, introducing a conceptual framework and unique dataset to identify key players, market forces, and policy incentives shaping the CCUS landscape. The analysis equips stakeholders with insights regarding (1) leaders in the design and development of CCUS technologies, (2) early technology adopters, and (3) the need to use both demand and supply side policies to achieve decarbonization across multiple sectors.
Keywords: CCS, CCU, economics, climate change, Section 45Q
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