Carbon Capture and Storage: An Assessment of Required Technological Growth Rates and Capital Investments

In this new working paper PESD research affiliate Danny Cullenward studies the required rates of growth and capital investments needed to meet various long-term projections for CCS. Using the PESD Carbon Storage Database as a baseline, this paper creates four empirically-grounded scenarios about the development of the CCS industry to 2020. These possible starting points (the scenarios) are then used to calculate the sustained growth needed to meet CO2 storage estimates reported by the IPCC over the course of this century (out to 2100).