EconPapers    
Economics at your fingertips  
 

The feasibility of reaching gigatonne scale CO2 storage by mid-century

Yuting Zhang (), Christopher Jackson and Samuel Krevor
Additional contact information
Yuting Zhang: Exhibition Road
Christopher Jackson: Exhibition Road
Samuel Krevor: Exhibition Road

Nature Communications, 2024, vol. 15, issue 1, 1-13

Abstract: Abstract The Sixth Assessment Report by the Intergovernmental Panel on Climate Change projects subsurface carbon storage at rates of 1 – 30 GtCO2 yr−1 by 2050. These projections, however, overlook potential geological, geographical, and techno-economic limitations to growth. We evaluate the feasibility of scaling up CO2 storage using a geographically resolved growth model that considers constraints from both geology and scale-up rate. Our results suggest a maximum global storage rate of 16 GtCO2 yr−1 by 2050, but this is contingent on the United States contributing 60% of the total. These values contrast with projections in the Sixth Assessment Report that vastly overestimate the feasibility of deployment in China, Indonesia, and South Korea. A feasible benchmark for global CO2 storage projections, and consistent with current government technology roadmaps, suggests a global storage rate of 5-6 GtCO2 yr−1, with the United States contributing around 1 GtCO2 yr−1.

Date: 2024
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.nature.com/articles/s41467-024-51226-8 Abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nat:natcom:v:15:y:2024:i:1:d:10.1038_s41467-024-51226-8

Ordering information: This journal article can be ordered from
https://www.nature.com/ncomms/

DOI: 10.1038/s41467-024-51226-8

Access Statistics for this article

Nature Communications is currently edited by Nathalie Le Bot, Enda Bergin and Fiona Gillespie

More articles in Nature Communications from Nature
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-19
Handle: RePEc:nat:natcom:v:15:y:2024:i:1:d:10.1038_s41467-024-51226-8