Political commitment to CO2 capture and storage: evidence from government RD&;D budgets

For CO₂ capture and storage (CCS) to succeed as a mitigation strategy, political commitment is one of several prerequisites. This article offers an appraisal of political commitment to a CCS strategy among high-income countries in Europe and North America: Which governments are committed, and what particular interests and concerns do they seek to accommodate by supporting CCS? In order to answer these questions, new data are reported on government CCS research, development and demonstration (RD&;D) budgets. RD&;D budgets divided by GDP is used as an indicator of political commitment, and explanations are sought for cross-national differences. The analysis shows that fossil fuels reserves and extraction within a country has a very strong bearing on funding levels. Likely explanations include the potential for combining CCS with enhanced resource recovery. All large economies (population >50 million) have a funding program. The smaller states that provide funding (Norway, Canada, the Netherlands) have the highest funding levels relative to GDP. These findings suggest that high-income petroleum producing countries are likely to be leaders in promoting CCS and a favorable regulatory environment. The fact that all large, high-income countries in the two regions now display some interest in CCS further improves its political outlook.