morning opinion survey resultsrf - pembina institute · 2008-12-12 · morning opinion survey...

Morning Opinion Survey Results

Jacqueline Sharp

Participant Profile

We received 91 surveysthis morning

Government, Academia, andOther respondents are

combined in the analysis

What Share of Canada’s GHG EmissionReductions will be Met with CCS?

Online Survey Today’s Survey

Less than 5 %

5 – 14 %

15 – 29 %

More than 30 %

Relative Concern AboutCCS Development Issues

Industry NGO All Other

HighestConcern

Gov`t policycertainty

Cost Effectiveness

Gov`t policycertainty

CostEffectiveness

Gov`t policycertainty

CostEffectiveness

LowestConcern

Effectiveness

Availability ofinfrastructure

Effectiveness

Availability ofinfrastructure

Effectiveness

Availability ofinfrastructure

Relative Importance ofPolicy Evaluation Criteria

Industry NGO All Other

MostImportant

Policypredictability

Rapid deploy-ment of CCS

Rapid deploy-ment of CCS

Protect theenvironment

Policypredictability

Rapid deploy-ment of CCS

LeastImportant

Stimulate low-carbon tech

Stimulateinnovation

Stimulateinnovation

Administrativesimplicity

Stimulate low-carbon tech

Administrativesimplicity

How to Close the Cost Gapfor CCS Implementation

GHG Price Signal

Public Support

Early Adoption Mature Technology Wide Penetration

Preferences among Policy Optionsfor Pricing GHG Emissions

Industry NGO All Other

MostPreferred

Carbon tax w/reinvestment

Intensity-basedregulations

Carbon tax w/reinvestment

Absolute cap andtrade

Carbon tax w/reinvestment

Absolute cap andtrade

LeastPreferred

Absolute cap andtrade

Regulatedrequirement

Intensity-basedregulations

Regulatedrequirement

Intensity-basedregulations

Regulatedrequirement

Preferences among Policy Options toProvide Public Funding for CCS

Industry NGO All Other

MostPreferred

Direct publicsubsidy

Guaranteedcredit value

Public infra-structure invest.

Guaranteed creditvalue

Direct publicsubsidy

Public infra-structure invest.

LeastPreferred

Public infra-structure invest.

Royaltyreductions

Royalty reductions

Direct publicsubsidy

Gov’t purchase ofcredits

Guaranteed creditvalue

8 respondents, mostly from the NGOsector, selected “No Public Funding”

Relative Importance ofLong-term Liability Issues

Industry NGO All Other

MostImportant

Clear definition

Point of liabilitytransfer

How costs arecovered

Clear definition

Clear definition

Party responsible

LeastImportant

How costs arecovered

Point of liabilitytransfer

Party responsible

How costs arecovered

Point of liabilitytransfer

Areas of Agreement• CCS Issues: All agree that gov`t policy certainty / stability

and cost effectiveness are very important, effectiveness andinfrastructure are less important

• Evaluation criteria: All agree that ability to promotedeployment of CCS is important

• GHG price signal: Carbon tax with reinvestment isfavoured, regulated CCS requirement is disliked by all

• Liability issues: All sectors agree that a clear definition isthe most important outstanding issue

Areas of Disagreement

• GHG Price Signal: Intensity based regulations favoured byindustry, not by other sectors. Absolute cap and tradefavoured by all sectors but industry

• Liability issues: The point at which liability transfers togovernment is very important to industry, but low importanceto other sectors.

• Liability issues: How liability costs are covered is a top issuefor NGOs, low for other sectors.

For more information

Contact:

Jacqueline Sharp

CCS@jacquelinesharp.ca

647-893-8910