Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10487122 | Energy Policy | 2011 | 13 Pages |
Abstract
⺠We apply an economy-wide model to assess the economics of coal-to-liquid (CTL) conversion. ⺠Our approach allows us to consider how CTL competes with other conversion technologies. ⺠We find that without climate policy, CTL may account for a third of global liquid fuels by 2050. ⺠With climate policy, CTL may not be viable due to high conversion cost and huge carbon footprint. ⺠Although adding CCS reduces CO2 emissions, the additional cost would make CTL less competitive.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Y.-H. Henry Chen, John M. Reilly, Sergey Paltsev,