By Saud M Al-Fattah; Ian Duncan; et al
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Additional info for Carbon Capture and Storage: Technologies, Policies, Economics, and Implementation Strategies
The GTAP study revealed that some key GHG sources were excluded: namely international shipping or “bunker fuel” emissions, as well as non-CO2 GHGs . A key issue arising from this trend, not covered in the GTAP results, is that the increase in global trade will also increase transport-related CO2. So far, the current globalization trend has helped grow the international transport sector to the point where it is currently responsible for nearly 3% of global emissions growth since 1990 . In the wake of the 2007 financial crisis, in many countries a drop in GDP has resulted in decreased rates of consumption as people attempt to limit spending to essential items.
Ultimately, the two questions now facing policy makers and energy planners alike are whether nuclear power will play a key role in the future global energy supply and whether a realistic alternative exists for providing low-carbon base-load electricity if nuclear is taken off the table in a potentially carbon-constrained world. 14 The evolution of the global energy use from 1800 to 2030 Data sources: Loren Cobb5, BP, NEAA 5 Cobb, Loren. ” (Graphic) The Quaker Economist. 2007. html. Accessed: May 2011.
The emissions factors associated with upstream processes for conventional and unconventional sources will cause emissions increases to be significantly higher for countries with greater unconventional resources than for those with predominantly conventional reserves. , usage). To ensure consistency, the data used for most liquid fuels was limited to two sources: the BP Statistical Review of World Energy for conventional oil endowments and IEA/USGS data for unconventional petroleum feedstocks, that is, oil shale, heavy oil, and bitumen .