This blog was co-authored by Sonali Deshpande, Program Analyst for U.S. Climate at EDF.
At a COP26 event on November 5, U.S. Secretary of Energy Jennifer Granholm announced a new, visionary effort to scale up solutions that can draw down and store carbon pollution from the atmosphere: The Carbon Negative Shot.
The Carbon Negative Shot follows two other Energy Earthshot announcements from DOE this year on hydrogen and long duration storage, all aimed at achieving breakthroughs in emerging climate solutions this decade. It’s the latest way that DOE is demonstrating how it can deliver on President Biden’s whole-of-government approach to combating climate change.
While we need to prioritize slashing carbon and methane pollution this decade to have a fighting chance of reaching net-zero emissions by mid-century — the target that gives us the best chance of avoiding the worst effects of warming — the science suggests that we might also need to scale up strategies to pull carbon dioxide out of the atmosphere, known as carbon dioxide removal or CDR.
DOE’s new Earthshot aims to fund research and innovation to achieve durable and scalable carbon removal under $100 per ton of CO2 within a decade. To be clear, that’s an ambitious goal: currently, a ton of direct air capture can cost multiples of that. However, some experts believe that these costs can fall significantly with an aggressive research agenda. And there are plenty of other challenges beyond cost: storing the CO2 permanently and safely, engaging with communities to ensure they inform and benefit from CDR, and ensuring CDR does not compete with renewable energy generation and other vital infrastructure for land use, and more.
To explore ways to maximize the value and impact of the Carbon Negative Shot, DOE gathered a range of voices for the launch at COP26, including remarks from Secretary of Energy Jennifer Granholm, and IEA Executive Director Fatih Birol; and a panel featuring, Assistant Secretary of Fossil Energy and Carbon Management and expert on CDR Dr. Jennifer Wilcox, Environmental Defense Fund President Fred Krupp, Microsoft’s Chief Environmental Officer Dr. Lucas Joppa; and moderated by Dr. Akshat Rathi, Climate and Energy Reporter for Bloomberg News.