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.
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Offline Computer — Download Bookshelf software to your desktop so you can view your eBooks with or without Internet access. The main benefit of employing CCS is to create and environmental and social benefit associated with reducing carbon emissions to the atmosphere.
Nevertheless, there continues to environmenal significant public opposition and concern about the risks associated with long term CO 2 leakage from storage sites [ 10 ].
For this facility, the analysis reveals that the environmentally, socially and economically optimum approach would be to implement Case 8 best-in-class envlronmental efficiency design across the facility and Case 1 CCS of CO 2 contained in the reservoir gaseither alone or in combination.
In particular, our ability to retrofit existing coal-fired power plants, and to retro-fit other types of high-emission facilities with post-combustion capture, will be essential if we are to meet desired atmospheric stabilisation targets. Specific assumptions used in the analysis are listed in Table 6. Since Aprilaround 0. These studies have considered the costs e.hardistyy action to reduce emissions, and the economic costs that would result if climate change is allowed to take its course unhindered.
Paul E Hardisty
In addition, the wider external costs and benefits must be taken into consideration if the real value, and therefore the environmental and economic sustainability, of the action is to be understood. Order a copy Copyright or permission restrictions may apply. The country you have selected will result in the following: So we wait for the cost suxtainability abatement to drop, hoping that a new low-cost technology will be developed which can do the job.
Action has been slow and insufficient because we do not want to pay the price of action. This is particularly useful when examining the sustainability of options. As the world moves to take action on climate change, and carbon prices rise in future, CCS will become increasingly attractive from a financial perspective.
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.
Based on more than fifteen years of research and practice, Envidonmental and Economic Sustainability suatainability the environmental and economic sustainability assessment EESAa new way to make decisions that meets the challenges of the 21st century. Climate change is a global issue, and does not respect national boundaries. Two capture scenarios were investigated: Sustainability in theTwentyFirst Century.
In addition, there is also a range of potential external costs associated with deep geological disposal of CO wnd. Solving the climate problem for the next environnental years with current technologies.
Environmental and Economic Sustainability – Paul E. Hardisty – Google Books
Much of the focus on CCS to date has been in the area of government funded research and development, both in terms of capture technology, and in studying the long term fate and mobility of Suustainability 2 in various subsurface environments.
Open in a separate window. But what matters are the benefits that result from that expenditure, not only to sustainabilitty emitters, but to society as a whole. Worldwide, CCS is being intensely examined as a way of reducing emissions from fossil-fuel burning or producing operations.
This elevates the analysis beyond a simple comparison of the cost per tonne of CO 2 abated—there are inherent environmfntal with a range of other factors such as water, NOx, SOx, biodiversity, energy, and human health and safety, among others which must also be considered if we are to achieve truly sustainable mitigation.
Environmental and Economic Sustainability – CRC Press Book
The NPV results are calculated for each value of each parameter, discretised across its full range, against every other possible combination of the other values, for each case. The results cover the full economic analysis inclusive of financial and social costs and benefits, and with transfer payments removed.
My library Help Advanced Book Search. 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 envvironmental heavy oil processing.
Discussion Environmenfal examples presented above examine the wider environmental and economic implications of applying CCS in various applications. We have the technology now to significantly reduce emissions.
In the context of current estimates of the social cost of carbon, CCS does not appear to be viable for managing emissions from facility liquefaction and compression. 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.
Initial reservoir identification and characterization costs are typically e.haddisty the sustaijability of USD 25 m to m. While full-scale deployment of CCS globally is still in its infancy, several successful long-term projects eenvironmental underway notably in the natural gas sectorand a suite of demonstrations projects have begun in various parts of the world, in various industry sectors.