This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Markets and CDR Sufficient demand required to increase market prices Three orders of magnitude above current levels extremely unlikely Would require massive strengthening of emissions commitments
Sufficient technical progress in CDR required to reduce costs massively
Possibly one order of magnitude? Monitoring and liability rules: learn from CCS in CDM International regulation! Detailed safeguards for site selection and Time where liability reverts to seller
Can markets play a role in SRM? Costs much lower than for CDR – market would be attractive Temporary nature of credits?