Clean Air Cheap. Investing Billions in Direct Air Capture to Save Trillions of $'s for a 1.5 Degree Climate Target.

6 Pages Posted: 18 Feb 2021 Last revised: 25 Feb 2021

Date Written: December 25, 2020

Abstract

Spending public resources to crowd-in technology investment can accelerate development. Direct Air Technology may benefit greatly from this.

Experience curve effects mean that expensive early stage technologies may be the most effective solutions available. Public policy using a long term lens means investing in "expensive" solutions today can have significant long-terms returns. An interactive model of this paper and model is available at https://grid.is/@ngogerty/clean-air-cheap-investing-billions-in-direct-air-capture-to-save-trillions-for-a-1-5-degree-climate-target-HogB_rMsQCecl3D30xVglw

Keywords: direct air capture, climate change, technology, innovation, carbon capture

Suggested Citation

Gogerty, Nick, Clean Air Cheap. Investing Billions in Direct Air Capture to Save Trillions of $'s for a 1.5 Degree Climate Target. (December 25, 2020). Available at SSRN: https://ssrn.com/abstract=3755077 or http://dx.doi.org/10.2139/ssrn.3755077

Nick Gogerty (Contact Author)

Carbon Finance Labs ( email )

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