The role of carbon capture, utilization, and storage for economic pathways that limit global warming to below 1.5°C.

The 2021 Intergovernmental Panel on Climate Change (IPCC) report, for the first time, stated that CO2 removal will be necessary to meet our climate goals. However, there is a cost to accomplish CO2 removal or mitigation that varies by source. Accordingly, a sensible strategy to prevent climate change begins by mitigating emission sources requiring the least energy and capital investment per ton of CO2, such as new emitters and long-term stationary sources. The production of CO2-derived products should also start by favoring processes that bring to market high-value products with sufficient margin to tolerate a higher cost of goods.