Carbon dioxide removal (CDR) confronts one of the largest externalities in history - carbon emissions. Yet, like many externalities, it remains largely unpriced. To induce demand for CDR, we must explore both explicit and implicit methods. From direct government procurement, as piloted in the US, to compliance mechanisms like ETS and LCFS, and from regulatory frameworks to voluntary corporate leadership and tax credits, a spectrum of strategies is available. This session aims to illuminate the current landscape of demand for CDR solutions and examine how technology providers, corporates, government bodies, and policymakers can synergize efforts to ensure robust and predictable demand, aligning with international climate goals.
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About the Carbon Removal Summit
Held since 2020, the Climeworks Carbon Removal Summit (previously known as Direct Air Capture Summit) is a one-of-a-kind platform featuring business, technology, scientists, and policy experts committed to supporting the scale-up of durable, verifiable, high-quality carbon removal solutions.
Learn more at climeworks.com
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