Why carbon markets aren’t enough to scale carbon removal | Latitude Media
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And what they have to teach us about building a sustainable industry
“Who will pay for this?” was the existential question at the heart of the climate debate in 2024, from COP29 to industry conferences. The durable carbon removal industry might be the clearest example of the climate finance challenge facing climate tech as a whole. And as we move into 2025, it’s increasingly apparent that we need to pull carbon dioxide out of the atmosphere to avoid the worst impacts of climate change. But, unlike other clean technologies, there is no CDR pre-existing market, and therefore no obvious funding mechanism. Consider solar energy. Solar panels generate el
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