Monday, July 31, 2017
New report details options for bipartisan policy action on carbon removal
Now is the time for Federal policy makers to unlock the economic, job creation, and climate change stopping potential of drawing greenhouse gases back out of the atmosphere – according to a new study by the non-profit Center for Carbon Removal.
Carbon Removal Policy: Opportunities for Federal Action details bipartisan options, from legislation to regulatory action, that will drive carbon removal business innovation.
For the unfamiliar: carbon removal is the capture and reliable storage of excess greenhouse gases, namely carbon dioxide (CO2) pollution, from the atmosphere. Since the industrial revolution, the global economy has released about two trillion tons of CO2 into the atmosphere, largely from burning fossil fuels.
While continuing to add to this total is risky business, historical CO2 emissions do not have to remain a permanent liability.
Carbon removal innovators, like the Earth Challenge finalists and beyond, have already begun to transform those trillions of tons of excess CO2 into the potential trillions of dollars of valuable products and services. However, as the Center for Carbon Removal’s new report outlines, they need federal support, in order to realize the promise of the different approaches.
About the Center for Carbon Removal:
Center for Carbon Removal is a non-partisan, non-profit organization, working to clean up carbon pollution from the air. They are a policy cauldron, where scientific, business and technical experts converge to advance fresh, negative emissions solutions across forestry, agriculture, and industry.
Carbon Removal is also known as Carbon Dioxide Removal (CDR), Greenhouse Gas Removal (GGR), or, in climate speak, ‘negative emissions’. Carbon removal techniques take excess carbon pollution from the atmosphere and store it in soil, in forests, underground and in long-lived materials.
In order to stay below 2 degrees of global average warming – the global commitment codified in the UN Paris Agreement – the world must BOTH mitigate future greenhouse gas emissions (e.g. building more renewable energy systems) and bring carbon removal solutions online (e.g. restoring forests).
Find out more at www.centerforcarbonremoval.org
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