Emerging Innovation system and Environmental Innovation: the case of mitigation techniques and CCS

Xavier Galiègue (1)

1 LEO - Laboratoire d'économie d'Orleans [2008-2011]

While the environmental innovations will play a key role in the transition towards a decarbonized economy, their implementation is rather difficult to be realized in advanced economies. The techniques at stake imply for some of them scale and network economies, for others changes in habits and uses, with important technical and economic uncertainties. Developing countries can benefit as latecomers from these innovations without incurring their development costs, but they are reluctant to move towards a more decarbonized economic model if this evolution should reduce their growth and limit their development. From this point of view, mitigation techinques, especially Carbon Capture and Storage techniques, from fossil fuels (CCS) or bioenergy (BCCS) appear to be a promising way to reach stringent greenhouse gas reduction targets. They allow preserve the use of fossil fuels during a transition period towards a more decarbonized energy mix. These techniques are nevertheless submitted to the evolution of mitigation costs, to the regulatory uncertainty and to their social acceptability. Their adoption by developing countries depends moreover crucially on the regulatory framework for avoided carbon emission, and of the availability of a financial support from more advanced countries.

Keywords: Environmental Economics; Innovation Economics; Energy Economics; Carbon Capture and Storage (CCS); Carbon Capture and Storage from Biomass (BCCS)

Domains: Environmental studies

Xavier Galiègue. Emerging Innovation system and Environmental Innovation: the case of mitigation techniques and CCS. 11the Globelics International Conference, Sep 2013, Ankara, Turkey. 26 p. ⟨insu-00912686⟩