Towards a geopolitics of carbon capture & storage (CCS) in Asia: Transregional links and implications for Germany and Europe

Dawud Ansari, Rosa Melissa Gehrung and Jacopo Maria Pepe

No 34/2024, SWP Comments from Stiftung Wissenschaft und Politik (SWP), German Institute for International and Security Affairs

Abstract: The competition for carbon capture, storage, and utilisation is intensifying. Historically dominated by North America, the lead in this technology is now being seized by key players across Asia - reaching from Saudi Arabia to Japan. Unlike traditional energy (transition) geopolitics, this new arena prioritises technology, geology, and industrial leadership over raw materials. For Germany and Europe, the developments imply a need for more pragmatism in climate diplomacy and policy instruments. Moreover, to keep pace with competitors, policymakers should adopt a proactive approach to CCS vis-à-vis technology and industry.

Keywords: Carbon Capture and Storage; CCS; Carbon Capture; Utilisation and Storage; CCUS; Direct Air Carbon Capture and Storage; DACCS; blue hydrogen; energy transition; Paris Agreement; Gulf states; Australia; Japan; Korea; Indonesia; Malaysia; China; USA; Canada; technopolitics; geopolitics; industrial leadership; technological competition (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:swpcom:302121

DOI: 10.18449/2024C34

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