Abstract
The objective of this study is to explore the economic benefit and policy effectiveness in investing Carbon Capture and Storage (CCS) Technology to avoid the Climate Change catastrophe as projected by the experts. The study suggests that renewable energy at it current status seems incapable of achieving net zero emission target by 2050. The cost-benefit approach of investment indicates a promising alternative to achieve Net-Zero Emission target without replacing the existing fossil-fuel infrastructure in the short-run with long run sustainability. Considering CC a global public good, government funding is necessary to achieve the Goal of Net-Zero Emission.
Presenters
Nurul AmanSenior Lecturer, Economics, University of Massachusetts Boston, Massachusetts, United States
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
KEYWORDS
Climate Changer, Carbon Capture and Storage, Net-Zero Emission, GHG, CO2
