The energy-intensive pulp and paper industry is a major contributor to carbon dioxide emissions. The potential to reduce energy consumption and carbon dioxide emissions is generally assessed using energy conservation supply curves and marginal abatement cost curves; however, both of these...

To limit global warming to 1.5°C, vast amounts of CO2 will have to be removed from the atmosphere via Carbon Dioxide Removal (CDR). Enhancing the CO2 sequestration of ecosystems will require not just one approach but a portfolio of CDR options, including so‐called nature‐based approaches...

Any integration of extra carbon dioxide removal (CDR) via terrestrial or marine sink enhancement into climate policies requires accounting for their effectiveness in reducing atmospheric carbon concentration. Different accounting methods have been introduced to quantify the impacts of sink...

Negative emissions technologies (NETs) feature prominently in most scenarios that halt climate change and deliver on the Paris Agreement's temperature goal. As of today, however, their maturity and desirability are highly debated. Since the social value of new technologies depends on how novel...

Seit Netto-Null-Ziele ein integraler Baustein der Klimapolitik sind, wird verstärkt darüber nachgedacht, zusätzlich zu einer drastischen Reduzierung der Emissionen Kohlendioxid (CO2) aktiv aus der Atmosphäre zu entfernen. Die Herausforderungen, die mit landbasierten Methoden der...

Die Klimapolitik in der Europäischen Union und in Deutschland hat sich mit der Verabschiedung von Netto-Null-Zielen deutlich verändert. Eine neue Entwicklung ist die Bedeutung von Carbon Management. Der Sammelbegriff umfasst neben der Abscheidung und Speicherung von CO2 (Carbon Capture and...

Climate policy in the European Union (EU) and Germany changed significantly with the adoption of net-zero emissions targets. A key new development is the growing importance of carbon management. The umbrella term includes not only the capture and storage of CO2 (carbon capture and storage, CCS),...

Carbon dioxide removal from the atmosphere is becoming an important option to achieve net zero climate targets. This paper develops a welfare and public economics perspective on optimal policies for carbon removal and storage in non-permanent sinks like forests, soil, oceans, wood products or...

This paper highlights the importance of carbon dioxide removal (CDR) technologies for climate policy. We first describe their role in iconic transformation pathways and discuss removal costs and storage duration of different technologies. Based on economic principles, we characterize optimal...

The Inflation Reduction Act (IRA) provides unprecedented support for climate and the clean energy transition in the US. This study evaluates relevant measures within the IRA, the 45Q tax credit in particular, and examines its likely effectiveness in mobilizing private finance for carbon capture,...