Abstract:
This report analyses innovation activity represented by patenting data for two carbon dioxide removal (CDR) technologies — bioenergy with carbon capture and storage (BECCS) and direct air carbon capture and storage (DACCS), referred to collectively as geological CDR — to shed light on the countries that might be best positioned to lead the market for relevant technologies to capture growth opportunities while supporting global climate goals.
Citation:
Serin, E., Burke, J., Feng, S., Read, M., and Kumar, S. (2025) 'The innovation race on geological carbon removal: who is best placed to lead?', Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, London, UK.