Scaling industrial carbon dioxide removal: Policy options for a short-term strategy
Felix Schenuit and
Domenik Treß
No 13/2025, SWP Comments from Stiftung Wissenschaft und Politik (SWP), German Institute for International and Security Affairs
Abstract:
The role of permanent carbon dioxide removal (CDR) from the atmosphere is currently the subject of intensive discussion within the context of developing a new EU emissions reduction target for 2040 and a German long-term strategy on negative emissions. At the same time, a short-term strategy for the coming years is needed to ensure the successful scaling of technologies for what can be called "industrial CDR". So far, the focus has tended to be on a conceptual discussion of the quantities of CDR that are required to achieve net-zero greenhouse gas emissions; as a result, sufficient attention has not been paid to the question of how and on what time horizon the first large-scale CDR projects can come into being. Some countries have already developed short-term instruments aimed at triggering an initial investment drive into industrial CDR. A comparative assessment of these approaches reveals several viable policy options for targeted CDR scaling in both the EU and Germany.
Keywords: carbon dioxide removal (CDR); new EU emissions reduction target for 2040; German long-term strategy on negative emissions; carbon dioxide; EU Emissions Trading System (ETS); land use; land-use change and forestry (LULUCF) (search for similar items in EconPapers)
Date: 2025
New Economics Papers: this item is included in nep-ene and nep-env
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.econstor.eu/bitstream/10419/315539/1/1922046698.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:zbw:swpcom:315539
DOI: 10.18449/2025C13
Access Statistics for this paper
More papers in SWP Comments from Stiftung Wissenschaft und Politik (SWP), German Institute for International and Security Affairs
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().