Rethinking Carbon Removal: From Unproven Technologies to Sustainable Market Models and Attacking the Source - Joseph Samluk

Inspiration And Insights
3 min readOct 3, 2024

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The escalating climate crisis has intensified the debate around carbon removal and carbon capture technologies. In his Forbes article, “Do We Really Need Carbon Removal? 5 Insights from the World’s Top Experts”, David R. Vetter explores critical perspectives from leading experts on whether these technologies are essential or if they merely offer false hope. As Vetter points out, while the concept of carbon removal has garnered substantial attention as a potential tool to offset emissions, experts like Myles Allen, Professor of Geosystem Science at the University of Oxford, caution that “we’re spending way too much time talking about negative emissions technologies.” Instead, Allen emphasizes the need for a more immediate and pragmatic approach to directly reducing emissions at the source — we need to turn off the tap before draining the basin.

The challenge with many carbon removal technologies is that they are largely untested at the scale necessary to significantly impact global carbon levels. As Vetter notes, “the world has yet to see meaningful deployment at scale,” which raises concerns about their effectiveness and reliability in the fight against climate change. Moreover, the economic sustainability of many of these carbon removal solutions is highly uncertain. Elizabeth Kolbert, author, and journalist, suggests that relying on these technologies could create “a moral hazard” where countries and companies might defer direct emission reduction strategies in favor of unproven carbon removal methods.

The real opportunity lies in developing business models that value carbon beyond government subsidies. The article highlights how experts like Julio Friedmann, Chief Scientist at Carbon Direct, argue for “market-based approaches” that establish a tangible price on carbon, creating a “durable and scalable strategy” for addressing climate challenges. This shift from policy-driven to market-driven frameworks could help foster innovation, attract investment, and build an ecosystem where both carbon removal and capture technologies can thrive independently.

Moving forward, the focus must be on creating sustainable, market-driven values for carbon that encourage both immediate action on emissions at the source and the development of effective carbon removal solutions. By doing so, we can ensure a more resilient and adaptive strategy for combating climate change — one that balances the urgency of the crisis with the need for reliable, scalable, and economically viable solutions.

Read the original here.

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