Manatt Land Use Partner David Smith wrote an article for Energy Law Journal about the efforts to adopt carbon dioxide removal strategies and the necessity of enacting them to combat climate change and accomplish Paris Agreement objectives.
Carbon dioxide removal (CDR) consists of methods such as carbon capture and sequestration, direct air capture, and “net-zero” emissions aimed at reducing the amount of carbon dioxide in the atmosphere. In the article, Smith examines the feasibility of adopting widespread CDR to accomplish goals set forth in the Paris Climate Agreement, which aims to control global warming and temperature changes.
Between an extreme financial cost, the disproportionate effect on disadvantaged communities and concerns over long-term sequestration facility integrity, Smith noted that more needs to be done to invest in funding and regulations to meet the Paris objectives.
Read the full article here.