This paper focuses on carbon dioxide removal (CDR) and utilisation.
Large-scale carbon dioxide removal is another essential component of any transition that limits warming to 1.5°C, or even to 2°C, unless the pace of mitigation to 2030 increases significantly. CDR is needed to complement the transformation in other sectors: it is not an alternative to rapid deployment of low-emissions technologies across the economy. CDR could create opportunities for Australia as a source of nature-based solutions, bioenergy with carbon capture and storage (BECCS) or direct air capture with CCS (DACCS), and for Germany as a provider of carbon capture and utilisation (CCU) technologies.
This is one paper in a series of four as part of the Energy Transition Hub's Synthesis Reports. To view other reports in this series, please see the related content section below.