Market Mechanisms to remove emissions
Market-based mechanisms such as carbon pricing, carbon taxes, and carbon fees are meant to create market signals that can reduce GHG emissions by encouraging shifts in long-term investment and accelerating the deployment of technologies. These same policies can create a market to support the deployment of carbon dioxide removal (CDR) solutions. Market-based policy can be designed to be sector-specific or economy-wide, with cost, stringency, and distributional impacts around revenue options among pertinent decisions.
The boxes below allow you to filter and view market-based policy options that could accommodate CDR, each of which includes a brief description, design considerations, U.S. experience, additional resources, and related policies.