{"id":61200,"date":"2022-08-16T08:30:00","date_gmt":"2022-08-16T07:30:00","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&p=61200"},"modified":"2024-08-19T14:36:23","modified_gmt":"2024-08-19T13:36:23","slug":"who-pays-for-greenhouse-gas-removal-in-the-uk-designing-equitable-policy-to-fund-beccs-and-daccs","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/who-pays-for-greenhouse-gas-removal-in-the-uk-designing-equitable-policy-to-fund-beccs-and-daccs\/","title":{"rendered":"Who pays for greenhouse gas removal in the UK? Designing equitable policy to fund BECCS and DACCS"},"content":{"rendered":"\n

Greenhouse gas removal (GGR) technologies, such as bioenergy with carbon capture and storage (BECCS) and direct air carbon capture and storage (DACCS), are expected to play an important part in the UK’s transition to net zero. However, there is a lack of clarity over how these technologies would be funded and who would bear the cost.<\/p>\n\n\n\n

This brief examines four policy options for funding greenhouse gas removal technologies and assesses their distributional impact – i.e. how the costs fall to UK households across income levels. This provides novel detail for policymakers to support the equitable and effective design of GGR funding policy.<\/p>\n\n\n\n

Main messages<\/h2>\n\n\n\n