Table 1
Bioenergy.
Issue | Interdependencies | Stakeholders | Suboptimal market equilibrium | Policy recommendations in the literature | Sources |
---|---|---|---|---|---|
1. Large enough supply of biomass | BECCS projects rely on the provision of large enough biomass supplies, but there is a locational and economic disconnect between regions with biomass potential and regions with CCS projects. International biomass trade would have to scale up |
|
Without economic incentives, failure to allocate marginal lands to energy crop production in developing countries | International financial incentives such as:
|
[39, 40, 66, 80] |
Uncertainty over how trade and markets will develop | NA | [8, 17, 81] | |||
NA | No restriction to market mechanisms if side effects do not exceed the cost of market restrictions | [35] | |||
2. Infrastructure deployment | The deployment of large-scale biomass supply chains may benefit from infrastructure sharing – due to technological learning and economies of scale. Ergo, biomass producers and transportation operators need to cooperate |
|
Suboptimal infrastructure deployment due to lack of cooperationFree-riding behavior | Financial and institutional conditions that minimize the risks of investment and facilitate dissemination | [82] |
3. Sustainable biomass production | Environmental side-effects will be mostly borne by the biomass producing countries, while the negative emissions production will probably be attributed to the CCS project countries |
|
Unfair distribution of the costs and impacts of BECCS, in particular in countries where institutions are weak. Negative externalities may include:
|
Define a set of ‘system-level’ indicators to assess unintended negative consequences | [19] |
International sustainable biomass certification mechanism | [11, 19, 20, 42, 43, 83–85] | ||||
Public oversight and an independent judiciary “[…] could play a role in some countries, but they may not be effective everywhere” [40] | [37, 39, 40] |
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