Author: Elias Rosell
Direct air capture (DAC) is a technology that enables carbon dioxide emissions to be removed from the atmosphere. It is very likely that carbon dioxide removal will be needed to reach the Paris agreement goals. A Liberal environmental policy should be technology-neutral. Instead of supporting certain chosen technologies, policymakers should create conditions for a market with negative emissions. Companies can then compete on providing the most effective method of reducing carbon dioxide. One solution could be to include carbon dioxide removal technologies in the EU’s emissions-trading system.