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Upstream decarbonisation through a carbon takeback obligation: an affordable backstop climate policy

Abstract:

In the absence of immediate, rapid, and unprecedented reduction in global demand for carbon-intensive energy and products, the capture and permanent storage of billions of tons of carbon dioxide (CO2) annually will be needed before mid-century to meet Paris Agreement goals. Yet the focus on absolute emission reductions and cheaper, more temporary forms of carbon storage means that permanent CO2 disposal remains starved of investment, currently deployed to capture only about 0.1% of global Ene...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1016/j.joule.2021.10.012

Authors


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Institution:
University of Oxford
Division:
MPLS
Department:
Physics
Sub department:
Atmos Ocean & Planet Physics
Role:
Author
Publisher:
Cell Press Publisher's website
Journal:
Joule Journal website
Volume:
5
Issue:
11
Pages:
2777-2796
Publication date:
2021-10-26
Acceptance date:
2021-10-18
DOI:
EISSN:
2542-4351
Language:
English
Keywords:
Pubs id:
1204165
Local pid:
pubs:1204165
Deposit date:
2021-10-19

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