A note on social versus private value of the Halten CO2 project

Abstract

This report compares the social and private value of the Halten CO2 project. This is a carbon capture and storage project in Mid-Norway comprising a gas-fired power plant, CO2 capture facilities, enhanced oil recovery, and CO2 storage in a sub-sea aquifer. I argue that there is a case for public support to the project due to spillovers in learning, i.e. knowledge with public good features.