Back to Search
Start Over
Distributional Impacts of Carbon Capture in the US Power Sector.
- Source :
- Journal of the Association of Environmental & Resource Economists; 2024 Supplement 1, Vol. 11, pS157-S197, 41p
- Publication Year :
- 2024
-
Abstract
- While some see carbon capture, utilization, and storage (CCUS) as crucial for cost-effective decarbonization, it faces opposition based on air pollution and equity concerns. To understand this cost–air pollution trade-off, we simulate the potential impacts of allowing CCUS deployment in the US power sector under plausible climate policies. We show that the existence of this trade-off critically depends on the underlying policy, which affects the type of generation CCUS could displace: under a policy that incentivizes coal generation, CCUS might improve health outcomes and reduce costs. When we disaggregate our results, we find that the air pollution (PM<subscript>2.5</subscript>) effects of allowing CCUS, positive or negative, are largest for Black and low-income populations. We show that allowing CCUS can yield energy-cost savings, particularly benefiting lower-income communities. Our sensitivity analyses highlight the effects of uncertainties on costs and benefits. Overall, this study contributes to our understanding of broader distributional consequences of allowing CCUS. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 23335955
- Volume :
- 11
- Database :
- Complementary Index
- Journal :
- Journal of the Association of Environmental & Resource Economists
- Publication Type :
- Academic Journal
- Accession number :
- 180625604
- Full Text :
- https://doi.org/10.1086/731794