Financing negative emissions leads to windfall profits and inequality at net zero

Pietro Andreoni (), Johannes Emmerling and Massimo Tavoni
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Pietro Andreoni: Fondazione Centro Euromediterraneo sui Cambiamenti Climatici
Johannes Emmerling: Fondazione Centro Euromediterraneo sui Cambiamenti Climatici
Massimo Tavoni: Fondazione Centro Euromediterraneo sui Cambiamenti Climatici

Nature Climate Change, 2024, vol. 14, issue 1, 20-21

Abstract: Funding large-scale negative emissions through a carbon market designed for traditional emission reduction strategies risks exacerbating long-term economic inequality. We suggest exploring alternative financing mechanisms that address this concern and that still ensure decarbonization at reasonable costs.

Date: 2024
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DOI: 10.1038/s41558-023-01871-6

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