To compete and thrive in the 21st century, democracies, and the United States in particular, must develop new national security and economic strategies that address the geopolitics of information. In the 20th century, market capitalist democracies geared infrastructure, energy, trade, and even social policy to protect and advance that era’s key source of power—manufacturing. In this century, democracies must better account for information geopolitics across all dimensions of domestic policy and national strategy.
As policy makers consider strategies to reduce carbon dioxide (CO2) gas emissions, they need to understand the conditions under which carbon capture and sequestration (CCS) become economically attractive in order to design policies that provide incentives to induce the early deployment of CCS facilities. This work reviews the economics of CCS, in recent cost studies and compares them with actual project data. We have conducted a detailed analysis of costs associated with today’s technology for CO2 capture at three types of power plants: integrated coal gasification combined cycles (IGCC), pulverized coal-fired simple cycles (PC), and natural gas-fired combined cycles (NGCC). The analysis is based on studies from the literature and from actual project data that analyzed the economics of capturing CO2 emitted at power plants.
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