The Climate Change Authority has released its latest policy Insights Paper, ‘Reduce, remove and store: The role of carbon sequestration in accelerating Australia’s decarbonisation’, following estimates from the Intergovernmental Panel on Climate Change that around 6 billion tonnes of CO2 would have to be removed per year by 2050 globally, and about 14 billion tonnes per year by 2100 for a 50 per cent chance of limiting global warming to below 1.5°C.
The Authority's paper contains 23 policy insights as part of a “deep dive” designed to help policymakers, emitters and markets better understand how sequestration can be scaled-up, accelerated and used responsibly.
The Authority commissioned the CSIRO to report on Australia’s sequestration potential to inform our advice to government on the role of carbon sequestration in supporting increasingly ambitious emissions reduction targets. The Authority partnered with the Clean Energy Regulator to co-fund the CSIRO technical report and the CSIRO-led technology workshops.
Read the Authority's media release.
Learn more about Australia’s Carbon Sequestration Potential.
Further reading
