It is increasingly clear that we need an all-hands-on-deck approach to achieve the necessary reductions in greenhouse gases to mitigate the effects of climate change. A critical role in this effort might be played by technological advances and innovation in carbon removal. However, although some solutions have reached small engineering scale, many carbon removal technologies still remain within research institutions and far from commercialization. Brookings Fellow and Director of the Center on Regulation and Markets Sanjay Patnaik discussed with Susteon Co-Founder and President Shantanu Agarwal the challenges with the commercialization of such technologies and the broader role of innovation in addressing climate change.
This event was part of the Brookings Center on Regulations and Markets’ “Reimagining modern-day markets and regulations” series, which focuses on analyzing rapidly changing modern-day markets and on how to regulate them most effectively.
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