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- W4315694896 abstract "Carbon capture, utilization, and storage (CCUS) has been deemed as a necessary choice of the last mile in realizing carbon neutrality. Currently, the high cost of CCUS is still a major barrier for commercialization. In this review, we hope to explore the commercial development potentials of CCUS in China basing on carbon trading mechanism, and meanwhile clarify the key factors impacting the commercialization of CCUS. CCUS is proved to be increasingly important for China's carbon emission reduction from 2025 to 2060, and was predicted to contribute a CO <inf xmlns:mml=http://www.w3.org/1998/Math/MathML xmlns:xlink=http://www.w3.org/1999/xlink>2</inf> emission reduction potential of around 9~30 million tons of CO <inf xmlns:mml=http://www.w3.org/1998/Math/MathML xmlns:xlink=http://www.w3.org/1999/xlink>2</inf> in 2025, and this figure will increase up to 1~1.82 billion tons in 2060. There are two key factors affecting the commercialization of CCUS, including carbon price and if CO <inf xmlns:mml=http://www.w3.org/1998/Math/MathML xmlns:xlink=http://www.w3.org/1999/xlink>2</inf> stored by CCUS projects cane been recognized as carbon credit." @default.
- W4315694896 created "2023-01-12" @default.
- W4315694896 creator A5016010663 @default.
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- W4315694896 date "2022-11-01" @default.
- W4315694896 modified "2023-10-16" @default.
- W4315694896 title "Review on China's National Carbon Market and Analysis for Commercial Development Potential of Carbon Capture, Utilization and Storage in China" @default.
- W4315694896 doi "https://doi.org/10.1109/isgtasia54193.2022.10003534" @default.
- W4315694896 hasPublicationYear "2022" @default.
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