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