On the Role of Startups in Global CCUS Development and Deployment: An Exploratory Analysis from the Southeast Asian Perspective

Wasim Ahmad, Manmeet Kaur, Nazneen Mansoori and Han Phoumin

Chapter 4 in Energy Transition and Carbon Neutrality in ASEAN:Developing Carbon Capture, Utilization and Storage Technologies, 2024, pp 91-119 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Carbon emissions concerns have made carbon capture, utilization, and storage (CCUS) an alternative to utilizing carbon for industrial and non-industrial purposes. Efforts have been made despite limitations to understand the CCUS ecosystem in the Association of Southeast Asian Nations (ASEAN). The main aim of this study is to understand the CCUS ecosystem globally and draw lessons for ASEAN. It begins by covering existing CCS frameworks in different countries and drawing learnings for ASEAN. Then, it focuses on the exploratory role of cleantech startups, particularly firms directly involved in CCS development and deployment. Funding, patents, and trademarks complement each other, and the role of human capital, i.e., education and founders’ experience, is visible, making the role of educational institutions crucial. It is advisable to devise provisions for knowledge collaboration and inter-university accelerator programs to promote entrepreneurship and develop programs to train the necessary human resources. The study cites the need to promote professional expertise, for which ASEAN may create a separate fund for developing and deploying CCUS through endogenously grown startups.

Keywords: Carbon Capture; Utilization and Storage; Decarbonization and Net-Zero; Energy Transition; Development and Deployment; Policy Barriers and Pathways; Political Economy (search for similar items in EconPapers)
JEL-codes: O13 P28 Q4 Q43 Q5 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789811288050_0004 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789811288050_0004 (text/html)
Ebook Access is available upon purchase.

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:wsi:wschap:9789811288050_0004

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().