Reduce, remove and store: The role of carbon sequestration in accelerating Australia’s decarbonisation
by Climate Change Authority, Australian Government, April 2023
The Climate Change Authority has released its latest policy Insights Paper, following estimates from the Intergovernmental Panel on Climate Change that around 6 billion tonnes of CO2 would have to be removed per year by 2050 globally, and about 14 billion tonnes per year by 2100 for a 50 per cent chance of limiting global warming to below 1.5°C. The Authority’s paper contains 23 policy insights as part of a “deep dive” designed to help policymakers, emitters and markets better understand how sequestration can be scaled-up, accelerated and used responsibly.