Full Title: Investing in Climate Innovation: The Environmental Case for Direct Air Capture of Carbon Dioxide
Author(s): Sasha Mackler, Sydney Bopp, Kimberly Dean, Addison Stark, Lindsay Steves, Emma Waters
Publisher(s): Bipartisan Policy Center
Publication Date: May 13, 2020
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This white paper makes the case for federal investment in an emerging technology, known as direct air capture of carbon dioxide, that could play a critical role in reducing climate change risks this century. It was developed by the Bipartisan Policy Center’s Direct Air Capture Advisory Council, which includes leaders from academia, the private sector, labor, and the NGO community.
Council members came together because we view DAC as a unique and potentially powerful complement to biological and other natural mechanisms for removing carbon dioxide from the atmosphere, and to available near-term options for reducing emissions. Further, we believe that early federal investment to ensure that U.S. companies take the lead in developing and commercializing DAC technology could deliver large dividends in the decades ahead as the world seeks cost-effective solutions to slow warming and bridge the gap to net-zero energy systems.