Perspective of CO2 capture & storage (CCS) development in Vietnam: Results from expert interviews

This paper summarizes expert opinions regarding crucial factors that mayinfluence Vietnam’s future use of carbon capture and storage (CCS) based onface-to-face interviews in December 2013 with 16 CCS-related experts fromthe Vietnamese government, research institutes, universities and the energyindus...

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Bibliographic Details
Published in:International journal of greenhouse gas control 2015-06, Vol.37, p.220-227
Main Authors: Nguyen Trinh, Hoang Anh, Ha-Duong, Minh
Format: Article
Language:English
Subjects:
Economics and Finance
Humanities and Social Sciences
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Summary:This paper summarizes expert opinions regarding crucial factors that mayinfluence Vietnam’s future use of carbon capture and storage (CCS) based onface-to-face interviews in December 2013 with 16 CCS-related experts fromthe Vietnamese government, research institutes, universities and the energyindustrial sector. This study finds that financial incentives and climate policyare the most important factors for the development of CCS technologies inVietnam in the next two decades. Financial incentives involve direct subsidiesfrom the government, such as tax exemptions for land use and the importationof CCS-related equipment. In addition, all the experts agree that internationalfinancial support is important to initiate a large deployment of CCStechnologies in Vietnam by implementing demonstrative/pilot projects to proveCCS’s working efficiency.
ISSN:1750-5836
DOI:10.1016/j.ijggc.2015.03.019