Never before has the quest to balance the needs of people, the environment, and the economy been so important. While sustainability has. The Environmental and Economic Sustainability of Carbon. Capture and Storage. Paul E. Hardisty 1,2,*, Mayuran Sivapalan 3 and Peter. Available in the National Library of Australia collection. Author: Hardisty, Paul E; Format: Book; xxi, p.: ill. ; 25 cm.
|Published (Last):||19 August 2016|
|PDF File Size:||11.84 Mb|
|ePub File Size:||11.74 Mb|
|Price:||Free* [*Free Regsitration Required]|
Toggle navigation Additional Book Information. In addition, the wider external costs and benefits must be taken into consideration if the real value, and therefore the environmental and economic d.hardisty, of the action is to be understood. Specific assumptions used in the analysis are listed in Table 6. Management of produced water in the envirojmental and gas industry in the Middle East Management of wastewater in a water utility in Australia Power generation and carbon management in an energy utility in Australia Remediation of contaminated gas works in the UK Energy savings and carbon management in heavy oil processing.
In the Library Request this item to view in the Library’s reading rooms using your library card. Transport of CO 2 overland by pipeline was assumed. Indeed, the broad scientific and policy-making community has been aware of the risks of climate change, and the solutions available, for well over two decades [ 4 ]. Hence, widespread discussions are currently underway ecnomic to put in place mechanisms which will effectively put a price on carbon emissions to the atmosphere.
The Economics of Climate Change: All instructor resources are now available apul our Instructor Hub. Installation of the CO 2 capture system and compression at the plant will require sustainabiliity area of about 3, m 2 for the smaller option, and 4, m 2 for the larger capacity option. CCS Economics The overall life-cycle environmental, social and economic sustainability of CCS is examined through considering three different applications: The Physical Science Basis.
The Environmental and Economic Sustainability of Carbon Capture and Storage
Ultimately, the solutions to problems of the 21 st century will come from understanding the tremendous value that the environment provides, and reflecting that value within decision-making at every level so that society as a whole thrives. Proper sequestration site selection, design and monitoring can significantly reduce environmenta, risk of leakage and the severity of impact should leakage occur [ 17 ].
Research and technical development has been underway in all of these areas for many years now, and a wide range of technically viable and workable solutions already exists in each of these sectors. Collection delivery service resumes on Wednesday 2 January Pipeline is the established method for moving large volumes of CO 2 over long distances.
Selected pages Title Page. Sudtainability is now widespread scientific consensus on the major causes of climate change [ 1 ], the overall planetary risks of inaction, and even on the combinations of measures which will be required to deliver the emissions reductions required to eliminate the worst of the future risks posed by an earth system in flux [ 2 ]. Given the predominance of cost associated with carbon capture, this discussion focuses on the capture element only, and assumes that CO 2 can be readily disposed of into suitable econommic formations close to the facility.
Performance Installation of the capture system has a significant effect on the performance of the plant. Background—Technology, Policy, Economics Carbon capture and storage CCS is one of a host of technical solutions that are currently available for reducing global emissions of greenhouse gases GHG to the atmosphere, and thus curb the longer term effects of anthropogenic climate change.
If a case produces less overall benefit to all stakeholders, over its life-cycle, than it costs, when all relevant environmental, social and financial aspects are considered, then it is uneconomic, and unsustainable even if it is financially profitable to the operator. Reducing emissions from electrical power generation is one of the most important steps than can be taken in an overall GHG mitigation effort.
We know what the right thing to do is, but somehow we cannot make the changes that are needed, and e.hardistt we continue with business as usual, producing business-as-usual results.
Environmental and Economic Sustainability – CRC Press Book
Society, and the governments that represent them, must therefore regulate the activities of the market to achieve desired social outcomes. Details Collect From N Copy: All of these external costs would make CCS more costly from environmsntal overall environmental, social and economic perspective, over the long term.
We provide a free online form to document your learning and a certificate for your records. External Costs and Benefits This sustainahility, for a real facility, using technology available now, shows that under present policy positions, retrofitting existing coal-fired power stations is a not financially viable proposition for operators.
Case studies Management of produced water in the oil and gas industry in the Middle East Management of wastewater in a water utility in Australia Power generation and carbon management in an energy utility in Australia Remediation of contaminated gas works in the UK Energy savings and carbon management in heavy oil processing Ultimately, the solutions to problems of the 21 st century will come from understanding the tremendous value that the environment provides, and reflecting that value within decision-making at every level so that society as a whole thrives.
New search User lists Site feedback Ask a librarian Help. Add to Wish List. The widespread adoption of coal-fired power, especially in the rapidly developing economies of China and India, is predicted to significantly increase the overall emissions from this sector over the next twenty years. Associated benefits from the elimination of other types of air-emissions that would occur as part of GHG reductions lower emissions of particulates, soot, NOx and SOx from power plants, for instanceand the value of benefits of biodiversity and ecosystem protection, for instance, are rarely considered, but could be significant.
Mitigation of Climate Change. The analysis provides an indication of the threshold carbon price at which the decision to implement various carbon reduction measures would occur. For carbon capture and storage CCS to be a truly effective option in our efforts to mitigate climate change, it must be sustainable.
This might include examining new build plants using more efficient super-critical designs, and pre-combustion options located closer to disposal sites. Implications For this facility, the analysis reveals that the environmentally, socially and economically optimum approach would be to implement Case 8 best-in-class energy efficiency design across the facility and Case 1 CCS of CO 2 contained in the reservoir gaseither alone or in combination. There is a wide range of technological options available which can be used in a variety of industries and applications—indeed CCS is not applicable to every industry.
Transport and Storage A permitted and available geo-sequestration site was assumed to exist approximately km from the power station. Most of the current expertise in CO 2 transport lies in the petroleum industry, where CO 2 is widely used for enhanced oil recovery. Case 1 is also economic under a wide range of possible future conditions, mostly driven by the GHG reductions achieved by this option compared to the reference case.
Can I borrow this item? Screening and selection of sites for CO 2 sequestration based on pressure buildup. Surplus power generation, exporting to grid, and. Increased funding for research and development of new breakthroughs in carbon capture technology could substantially improve the viability of CCS in the coming years.
Environmental and economic sustainability. For this facility, the analysis reveals that the environmentally, socially and economically optimum approach would be to implement Case 8 best-in-class energy efficiency design across the facility and Case 1 CCS of CO 2 contained in the reservoir gaseither alone or in combination.
We understand the science of the problem, at least in overall terms, if not in detail. This in effect provides a database of every possible NPV result for each case, in which each result is considered to be equi-probable.
CO2 is removed from the gas stream and piped about km back to the field for injection through a dedicated well.