Perspective
Unlocking carbon capture and storage potential: Policy incentives, economic challenges, and infrastructure integration for CO2 transport
Chain | Vol.2, Issue 3, 2025 |
pp. 211-226
As countries accelerate efforts to meet carbon neutrality targets, carbon capture
and storage (CCS) is gaining renewed attention as a critical mitigation strategy.
This review provides a structured synthesis of global CCS policy evolution, highlighting
how incentive mechanisms have shifted from generic subsidies toward hybrid approaches
integrating carbon pricing, green finance, and legal risk-sharing. Building on this,
the paper introduces a policy classification framework that categorizes instruments
into market-based tools, command-and-control regulations, and institutional support,
offering analytical coherence for future cross-country comparisons. Beyond the industrial
and power sectors, the review foregrounds an often-overlooked CCS application: addressing
residual emissions in hard-to-abate sectors such as transportation. We emphasize the
strategic role of CO2 transport infrastructure–including pipelines, shipping routes, and port retrofitting–and
introduce a dedicated section analyzing its cost-leveraging effects, infrastructure
integration models, and life-cycle trade-offs. By embedding a life-cycle assessment
(LCA) perspective, we demonstrate how different transport modes shape both economic
and carbon efficiency. Drawing on case studies from the U.S., EU, and China, we distill
key governance lessons and identify the enabling conditions for scaling up CCS deployment.
The paper also highlights governance gaps related to cross-border infrastructure coordination,
carbon market integration, and just siting. Overall, this review contributes to literature
on CCS governance and infrastructure transitions by offering a replicable analytical
structure, expanding the scope beyond capture technology, and linking fragmented insights
into an integrated policy roadmap for large-scale CCS commercialization.
DOI: 10.23919/CHAIN.2025.000015 Cited: 18 Download: 1
