The economics of geoengineering (incl CDR)

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Greg Rau

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Nov 20, 2018, 11:45:42 AM11/20/18
to Carbon Dioxide Removal

https://www.sciencedirect.com/science/article/pii/B9780128141045000259

“Geoengineering provides an alternative strategy from abatement to counteract or mask impacts of anthropogenic climate change. Geoengineering strategies can be classified as either solar radiation management (SRM) or carbon dioxide removal (CDR). SRM strategies are cheap, quick, but imperfect. CDR strategies are expensive, slow, but perfect and can generate negative net emissions. High abatement costs and shared global benefits have created a free-rider problem, but properties of geoengineering have the potential to disrupt that impasse. Geoengineering can also introduce new problems through additional risks and uncertainties. Even if the use of geoengineering is found to be optimal, strategic decision making may produce suboptimal outcomes. Over the past decade, research has examined if geoengineering is a serious alternative and when the benefits of using it outweigh the costs.”


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Delton Chen

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Nov 20, 2018, 4:01:51 PM11/20/18
to Greg Rau, CarbonDiox...@googlegroups.com
Dear friends on [CDR]

A book chapter will be published soon that presents a new market hypothesis that justifies scalable debt-free finance for CDR worldwide. I will make further announcements about the publication. If you think you can help me promote the hypothesis and provide a media release, please write to me at delton...@gmail.com

The reference is as follows:

Chen, D.B., van der Beek, J. and Cloud, J., (in press, 2018). Hypothesis for a Risk Cost of Carbon: Revising the Externalities and Ethics of Climate Change. In: Understanding risks and uncertainties in energy and climate policy: Multidisciplinary methods and tools towards a low carbon society. Springer Open Access Book. Ed: TRANSrisk.

Delton Chen

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Delton Chen BEng. Ph.D.
Geo-Hydrology & Climate Risk Mitigation 

M: +61412995119 Australia 




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