Hickey et al. (2023): A review of commercialisation mechanisms for carbon dioxide removal
Conor Hickey, Sam Fankhauser, Stephen M. Smith, Myles Allen IN: Front. Clim. 4, Sec. Negative Emission Technologies, https://doi.org/10.3389/fclim.2022.1101525
In this paper the authors survey the policy mechanisms currently in place globally to incentivise CDR, together with an estimate of what different mechanisms are paying per tonne of CDR, and how those costs are currently distributed. Incentive structures are grouped into three structures, market-based, public procurement, and fiscal mechanisms. WThe authors find the majority of mechanisms currently in operation are underresourced and pay too little to enable a portfolio of CDR that could support achievement of net zero.