The Impact of Carbon Prices on CCS Investment for Power Generation in China

Energy Policy (2012), dx.doi.org/10.1016/j.enpol.2012.11.011

13 Pages Posted: 16 Dec 2012 Last revised: 26 May 2014

See all articles by Ning Wu

Ning Wu

TOTAL E&P USA

John E. Parsons

Massachusetts Institute of Technology (MIT) - Sloan School of Management

Karen R. Polenske

Massachusetts Institute of Technology (MIT) - Department of Urban Studies and Planning

Date Written: November 16, 2012

Abstract

We examine why and how coal liquefaction, or coal-to-liquids, makes its case in China. Different from Europe and the United States, China is actively developing coal-to-liquids technologies and projects. Different from conventional wisdom that in China the central government mandates and guides coal liquefaction to ensure energy security, I argue that the diversification strategy of state-owned coal companies is another key driver for coal-liquefaction development in China, in addition to the state interest and policy that initiated this move. Given current extensive conversation and debate on Chinese technology innovation capability, my research sheds light on the innovation system in China and provides implications for technology policy and investments.

Keywords: carbon capture and storage, carbon pricing, China

JEL Classification: L94, L98, N70, C52

Suggested Citation

Wu, Ning and Parsons, John E. and Polenske, Karen R., The Impact of Carbon Prices on CCS Investment for Power Generation in China (November 16, 2012). Energy Policy (2012), dx.doi.org/10.1016/j.enpol.2012.11.011, Available at SSRN: https://ssrn.com/abstract=2190101

Ning Wu (Contact Author)

TOTAL E&P USA ( email )

1201 Louisiana Street
Suite 1800
Houston, TX TX 77025
United States

John E. Parsons

Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )

100 Main Street
E62-416
Cambridge, MA 02142
United States

HOME PAGE: http://www.mit.edu/~jparsons/

Karen R. Polenske

Massachusetts Institute of Technology (MIT) - Department of Urban Studies and Planning ( email )

50 Memorial Drive
Cambridge, MA 02139-4307
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
24
Abstract Views
538
PlumX Metrics