Portfolio Analysis of Carbon Sequestration Technologies and Barriers to Adoption: General Methodology and Application to Geological Storage

AbstractEffective targeting of funds and research efforts to reduce industrial CO2 emissions can benefit from quantitative analysis methods that assess and compare a variety of carbon sequestration technologies. We develop a general methodology and quantitative scoring system, and then apply it to the specific CCS technology of Geosequestration. Our results indicate that the most critical barriers to widespread commercial adoption of Geosequestration are not technology- or capacity-related, but instead relate to issues of public acceptance and economics. Our analysis suggests that geosequestration has a medium to high probability of success as a commercial-scale CO2 storage option