Markets and Mandates: How best to drive pace in CCS deployment?
Published: December 2023
Written by Stuart Jenkins, Mirte Boot, Rebecca Bell, Ingrid Udd Sundvor, Olivia Powis, Ruth Herbert and Myles Allen.
This briefing introduces the key themes that the Carbon Capture and Storage Association (CCSA), Oxford Net Zero, and Carbon Balance Initiative are exploring to understand the role of markets and mandates in driving carbon capture and storage (CCS) to reach net zero by 2050. It is the first deliverable in a 2024 research project and an economic analysis of policy options for enduring CCS deployment, more specifically the role of a carbon takeback obligation.