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Novel carbon dioxide removals techniques must be integrated into the European Union’s climate policies

Author

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  • Fridahl, Mathias
  • Schenuit, Felix
  • Lundberg, Liv
  • Möllersten, Kenneth
  • Böttcher, Miranda
  • Rickels, Wilfried
  • Hansson, Anders

Abstract

Given the escalating climate crisis, the task of integrating novel carbon dioxide removals into the European Union’s climate policy is urgent and long overdue. Here, we argue that there is a window of opportunity for responding now, and put forward a solution.

Suggested Citation

  • Fridahl, Mathias & Schenuit, Felix & Lundberg, Liv & Möllersten, Kenneth & Böttcher, Miranda & Rickels, Wilfried & Hansson, Anders, 2023. "Novel carbon dioxide removals techniques must be integrated into the European Union’s climate policies," Open Access Publications from Kiel Institute for the World Economy 281982, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkie:281982
    DOI: 10.1038/s43247-023-01121-9
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    References listed on IDEAS

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    1. Matthias Honegger, 2023. "Toward the effective and fair funding of CO2 removal technologies," Nature Communications, Nature, vol. 14(1), pages 1-3, December.
    2. Koch, Nicolas & Fuss, Sabine & Grosjean, Godefroy & Edenhofer, Ottmar, 2014. "Causes of the EU ETS price drop: Recession, CDM, renewable policies or a bit of everything?—New evidence," Energy Policy, Elsevier, vol. 73(C), pages 676-685.
    3. Oliver Geden & Glen P. Peters & Vivian Scott, 2019. "Targeting carbon dioxide removal in the European Union," Climate Policy, Taylor & Francis Journals, vol. 19(4), pages 487-494, April.
    4. Holly Jean Buck & Wim Carton & Jens Friis Lund & Nils Markusson, 2023. "Why residual emissions matter right now," Nature Climate Change, Nature, vol. 13(4), pages 351-358, April.
    5. A. Denny Ellerman & Claudio Marcantonini & Aleksandar Zaklan, 2016. "The European Union Emissions Trading System: Ten Years and Counting," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 10(1), pages 89-107.
    6. Vivian Scott & Oliver Geden, 2018. "The challenge of carbon dioxide removal for EU policy-making," Nature Energy, Nature, vol. 3(5), pages 350-352, May.
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    Cited by:

    1. Darius Sultani & Sebastian Osorio & Claudia Günther & Michael Pahle & Katrin Sievert & Tobias S. Schmidt & Bjarne Steffen & Ottmar Edenhofer, 2024. "Sequencing Carbon Dioxide Removal into the EU ETS," CESifo Working Paper Series 11173, CESifo.

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