The Energy Futures Initiative, the Washington-based nonprofit established by former Energy Secretary Ernest J. Moniz, has conducted a 12-month study on the design of a comprehensive federal research, development, and demonstration (RD&D) initiative to evaluate and demonstrate a range of carbon dioxide removal (CDR) technologies that can help address climate change.
In its report, Clearing the Air, EFI is proposing an RD&D initiative capable of achieving breakthrough improvements in CDR technologies that are capable of deployment at or near gigaton scale, with minimal ecological impacts, in a timeframe supportive of science-based climate goals. The report includes an expansive research portfolio, organizational and management arrangement, and detailed budget estimates for the proposed CDR RD&D initiative.
Moniz, who served as President Barack Obama’s Secretary of Energy from 2013-2017, will introduce the report at NYC Climate Week on Tuesday, September 24 at 8:00 AM. He will be joined by Fred Krupp, president of the Environmental Defense Fund, and a panel of experts working at the cutting edge of carbon removal technologies.
“We need to face the reality that meeting the Paris Agreement objective of limiting global warming to below two degrees Celsius will require taking carbon out of the atmosphere at massive scale,” said Moniz. “The good news is that there are a surprisingly large number of promising pathways for CDR.”
Clearing the Air is the 12th report issued by EFI since its inception in 2017, and was sponsored by the Linden Trust for Conservation and the ClimateWorks Foundation.
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