000 01690nab a2200265 c 4500
999 _c149356
_d149356
003 ES-MaIEF
005 20240510094639.0
007 ta
008 240510t2024 gm ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
245 0 _aOn the governance of carbon dioxide removal
_ba public economics perspective
_c Ottmar Edenhofer, Max Franks, Matthias Kalkuhl and Artur Runge-Metzger
500 _aResumen.
504 _aBibliografía.
520 _aClimate policy increasingly requires carbon dioxide removal (CDR). We describe its role, characterize optimal flows for non-permanent removals and describe optimal pricing regimes under different information and liability conditions. Non-permanent removal – though to a certain extent optimal – creates liabilities that warrant careful risk management. Thus, seemingly cheap land-based technologies can become expensive. We discuss possibilities for integrating CDR in the EU policy architecture and define four tasks: managing the emission cap; R&D support; quality certification of removals; management of liabilities from non-permanent CDR. We propose three institutions for these tasks: a European Carbon Central Bank, a Carbon Removal Certification Authority and a Green Leap Innovation Authority.
650 _aIMPUESTOS
_947460
650 4 _aCARBONO
_970314
650 4 _aPRECIOS
_948092
650 4 _aCONSUMO
_940658
650 4 _aPOLITICA DEL MEDIO AMBIENTE
_948056
650 4 _948072
_aPOLITICAS PUBLICAS
650 4 _944260
_aFINANCIACION
700 1 _971294
_aEdenhofer, Ottmar
773 0 _9171652
_oOP 207/2024/1
_tFinanzArchiv
_w(IEF)21244
_x 0015-2218
_g v. 80, n. 1, March 2024, p. 70-110
942 _cART