INSIGHTSSERIES
Environmental Markets | Emissions
October 23, 2023
Decarbonization Goals Drive Interest in Advanced Carbon Management Strategies
Carbon management initiatives are diversifying to include forest management, ocean carbon sequestration, and bioenergy with carbon capture and storage.
Carbon management is emerging as an important component of regulatory strategies to progress towards a net-zero economy. Recent actions range from…Read the full report
Key Takeaways
- DOE has announced up to $1.2 billion for two commercial-scale direct air capture facilities, the first-of-its-kind federal funding to kickstart a new industry to tackle legacy carbon dioxide pollution.
- The White House has announced a committee to help shape relevant policy and research on safe and effective marine carbon dioxide removal and sequestration.
- Colorado has enacted legislation to create a carbon management roadmap and New York is considering a measure to establish carbon farming tax credits.
