Burke & Gambhir (2022): Policy incentives for Greenhouse Gas Removal Techniques: the risks of premature inclusion in carbon markets and the need for a multi-pronged policy framework
Joshua Burke and Ajay Gambhir IN: Energy and Climate Change, 100074, 2022; https://doi.org/10.1016/j.egycc.2022.100074
Here the authors identify three risks associated with using carbon markets as the sole, or main, policy lever to encourage the deployment of GGR (Greenhouse Gas Removal) techniques. The categorisation of risks stems from discussions with policymakers in the UK and a review of the broader literature on carbon markets and GGR.