Carbon Capture, Utilization, and Storage (CCUS) technology has emerged as the bottom-line technology for achieving carbon neutrality goals in China. The development of Carbon Dioxide Enhanced Oil Recovery (CO2-EOR) not only increases revenue for high-investment CCUS projects but also enables permanent CO2storage in the oil reservoir. However, the basin is used as the research object to evaluate the CO2storage potential of the oil reservoir. The evaluation results are inaccurate and unable to support the implementation of later CCUS projects. Here, more accurate oil reservoir data is employed as the evaluation object. It is the first time at the national level to screen oil reservoirs to distinguish between CO2miscible and immiscible, and evaluate the potential of CO2-EOR and CO2storage in the reservoir. The research results show a total of 2570 suitable oil reservoirs in 4386 candidate oil reservoirs nationwide. About 1.26 billion tons of additional crude oil can be produced by CO2-EOR technology. This includes approximately 580 million tons of additional oil from CO2miscible flooding and 680 million tons from CO2immiscible flooding. The study further refines the CO2geological utilization data and provides a theoretical basis for CCUS project site selection in China.
17 July 2018 in IOP Conference Series: Earth and Environmental Science
For the sake of finding out which provinces in China can achieve low-carbon development as early as possible, this paper verifies whether the relationship between economic growth and its environmental degradation meet the Environmental Kuznets Curves (EKC) hypothesis in China. The relationship is reflected by per capita GDP and per capita carbon dioxide (CO2) emissions during 1995-2015. The existence of China's inverted U-shaped curve is determined. Besides, the empirical analysis of the EKC is also carried on each of the 30 provinces. It is found that the EKC of economic growth exists in 18 provinces, of which 9 provinces exceed their respective turning points of per capita GDP in 2015.