Carbon Capture Policy
1. If carbon taxes remain applied in the upstream fossil fuel supply chain in proportion to the carbon content of fuels, then, the production of oil associated with heavy oil and extra heavy oil reservoirs would come to an end?
Or
Heavy oil extraction should follow cap and trade policy system, with a cap on CO2 emissions?
2. In case of heavy-oil or extra-heavy-oil reservoirs, do we have the option of reducing CO2 emissions per kilowatt hour of power generation through switching from carbon-intensive fuels to less carbon-intensive fuels?
Whether, only CCS would remain to be viable in such cases?
3. Whether CO2 per kWh would remain to be an effective approach than a renewables incentive policy towards energy addition, at least, for the next few years?
4. While transport sector predominantly uses oil-based fuels, how about assessing the efficiency standards of a power sector: would it remain to be really effective at reducing emissions, with reference to market-based carbon policies?
5. Future cost of clean fuel; Future costs of emissions control instruments; and Future cost of emissions-savings technology: Where do we stand?
Suresh Kumar Govindarajan
https://home.iitm.ac.in/gskumar/
https://iitm.irins.org/profile/61643
https://www.linkedin.com/in/suresh-kumar-govindarajan-97738118/
Overall, the effectiveness of different carbon mitigation strategies depends on a combination of technological, economic, and policy factors, and a holistic approach that considers multiple approaches is often necessary to achieve meaningful emission reductions.