Government support for CCS-EOR projects is sometimes contested on the grounds that the resulting increase in oil production undermines their environmental benefits. Addressing this concern requires determining the effects of implementing CCS-EOR on global CO2 emissions. This paper presents a simple approach based on a marginal reasoning consistent with economic decision-making. It produces analytical formulas that account for the effects on the global oil market of incentivizing CCS-EOR. Our results suggest that, from an economic perspective, CCS-EOR is a technology that mitigates global emissions, but the emissions reduction is less than the stored quantity of CO2. Based on our results, we discuss the size of the fiscal incentives granted by the US Inflation Reduction Act to support CCS-EOR.
Research Fellow Hossa is a research fellow at KAPSARC. She is also currently the Think20’s (T20’s) Sherpa and is leading T20 Saudi… Hossa is a research fellow at KAPSARC. She is also currently the Think20's (T20's) Sherpa and is leading T20 Saudi Arabia's secretariat. She is also the lead co-chair of T20 Saudi Arabia's task force "sustainable energy, water and food systems." Before joining KAPSARC, Hossa was a faculty member at the University of Wilfrid Laurier, Canada. Her research interests include developing energy and economic models to study the impact of energy and environmental policies on economies, sustainable development and wealth accounting. Her work aims to provide policymakers and practitioners with decision support tools that can help identify the challenges, opportunities, and solutions associated with moving toward sustainable energy and sustainable business practices. Her work has been published in many peer-reviewed journals. She has a Ph.D. and a master's degree in applied operations research from the University of Waterloo, Canada, and a bachelor's degree in business administration from King Abdulaziz University, Saudi Arabia.
- Developing energy and economic models
- Analyzing the effects of various policies on an economy
- Applications of OR to climate change control policies
- Green supply chain management
- Large-scale optimization
- Convex relaxation and decomposition techniques and big data analytics in supply chains.
Publications See all Hossa Almutairi’s publications
Government support for CCS-EOR projects is sometimes contested on the grounds that the resulting increase…14th December 2023
Government support for CCS-EOR projects is sometimes contested on the grounds that the resulting increase…8th June 2023