Policy Evaluation and Selection to Accelerate Geological Carbon Dioxide Removal Deployment

Abstract:

Carbon dioxide removal (CDR) is the ‘net’ in net zero, and is crucial to reaching net zero targets. Despite this need, the existing market for removals is thin. While there are a broad range of CDR techniques in development, differing across aspects ranging from their durability of storage to their technological readiness level, large-scale deployment has not occurred, primarily due to a lack of reliable demand. Policy intervention is necessary to 
enhance demand and subsequently accelerate the desired widespread deployment.