How Canadian Carbon Removal Can Help Create a Net-zero Future

Jun 23, 2024

Canada has committed to reaching net-zero emissions by 2050, which requires removing as many emissions from the atmosphere as it adds within 25 years.

Summary:

Carbon removal, the process of extracting CO2 from the atmosphere and storing it for centuries or longer, is a crucial tool in achieving this goal. It plays a vital role in tackling residual and historical emissions, compensating for hard-to-abate industries, and potentially achieving net-negative emissions in the long term.

Developing a carbon removal industry in Canada could position the country as a global climate leader. To support this growth, Carbon Removal Canada recommends that policymakers establish a concrete goal of 5 MtCO2 of carbon removal capacity being actively developed by 2030.

To achieve this target, action is needed in three key areas: stimulating market demand, accelerating technology development and advancement, and enabling rapid and responsible deployment. By focusing on these areas, Canada can scale up its carbon removal solutions, contributing significantly to its net-zero future while also creating economic opportunities and environmental benefits.

Read article here: Carbon Removal Canada