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CarbonShot: Federal Policy Options for Carbon Removal in the United States
The paper argues that the United States must invest up to $6 billion per year in federal funding over the next decade to achieve carbon neutrality by 2050, targeting a removal benchmark of 2 GtCO2 per year. It distinguishes carbon removal—which includes natural methods like tree restoration and high-tech methods like direct air capture—from emissions reduction measures such as CCS with fossil energy. The author asserts that public funding is necessary to bridge the gap between costs and co-benefits for natural pathways, while technological pathways require sustained R&D and commercialization support.
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Document type: Research paper