Full Title: The Benefits of Innovation: An Assessment of the Economic Opportunities of Highly Durable Carbon Dioxide Removal
Author(s): Galen Bower, Nathan Pastorek, and John Larsen
Publisher(s): Rhodium Group
Publication Date: January 14, 2025
Full Text: Download Resource
Description (excerpt):
The emerging industry of carbon dioxide removal (CDR) encompasses an array of innovative solutions that are ready for takeoff. The US has an opportunity to maintain and enhance its position as a global leader in this space thanks to its high geologic carbon dioxide (CO2) storage potential, varied landscapes, skilled workforce, and advanced research capabilities. While climate change mitigation may be a primary motivation for CDR support, a host of additional benefits will accompany a scaling of this industry. These include economic, social, and environmental benefits. Given the diversity of CDR approaches, these opportunities will be distributed over a range of workers, communities, and ecosystems in the US.