VOLUME XXIV
WINTER 2016

 
ÁNGELES CÁMARA
ROSA SANTERO
Universidad Rey Juan Carlos
MARÍA ISABEL MARTÍNEZ
Abay Analistas Económicos
JUAN JIMÉNEZ
Observatorio de Prospectiva Tecnológica Industrial
 
One of the main objectives of the Kioto Protocol is reducing CO2 emissions for combating climate change globally. A key instrument to achieving a significant reduction in emissions is to incorporate the technologies of capture, transport and storage of CO2 in energy production processes. The development and commercial use of these technologies is very expensive, being necessary to know their economic, social and environmental impact. This article carries out an assessment of economic, social and environmental impact of the initial investment required for the implementation of these technologies in the Spanish electricity sector. In order to carry out this analysis impact, we use a multisectoral model that allows us to identify economic sectors that are benefited from the investments both directly and indirectly. In addition, labor market statistics are used to analyze the type of jobs created during the development of the necessary investments.
 
Key words: CO2 capture, economic impact, environmental impact, social impact, electricity sector, CCS technologies.
JEL Classification: C67, Q43, Q52.

TO DOWNLOAD THIS PAPER