{"id":"doi:10.1007/s10584-013-0714-7","kind":"article","title":"Direct air capture of CO2 and climate stabilization: A model based assessment","authors":["Chen Chen","Massimo Tavoni"],"author_count":2,"year":2013,"published":"2013-02-22","venue":"Climatic Change","cited_by":138,"doi":"10.1007/s10584-013-0714-7","arxiv_id":null,"nct_id":null,"source_url":"https://doi.org/10.1007/s10584-013-0714-7","archive_url":"https://space-kitty.com/papers/doi:10.1007/s10584-013-0714-7","updated":null,"pmid":null,"pmcid":null,"openalex_id":"W2116508262","pdf_url":"https://link.springer.com/content/pdf/10.1007/s10584-013-0714-7.pdf","abstract":"This paper provides a novel assessment of the role of direct air capture of CO 2 from ambient air (DAC) on the feasibility of achieving stringent climate stabilization. We use the WITCH energy-economy-climate model to investigate the long term prospects of DAC, implementing a technological specification based on recent estimates by the American Physical Society (APS 2011 ). Assuming global cooperation on a stringent climate policy we find that: (1) DAC is deployed only late in century, after other low carbon options, though at a very significant scale; (2) DAC has an impact on the marginal and total abatement costs (reducing them) and on the timing of mitigation (postponing it); (3) DAC also allows for a prolonged use of oil, with a positive welfare impact for energy exporting countries. Finally, we assess the role of DAC in a less than ideal climate policy by exploring its potential for engaging energy exporting countries in climate mitigation activities by means of a “clean oil” market in which oil exporters can sell oil decarbonized via DAC.","abstract_license":"CC-BY (publisher license, via OpenAlex)","license":"cc-by","is_open_access":true,"peer_reviewed":null,"categories":["Climate Change Policy and Economics"],"details":null,"provenance":"openalex","attribution":"Abstract of \"Direct air capture of CO2 and climate stabilization: A model based assessment\" by Chen Chen, Massimo Tavoni, https://doi.org/10.1007/s10584-013-0714-7, used under its Creative Commons Attribution license (CC-BY); markup removed, otherwise unmodified.","topics":[{"slug":"carbon-removal","name":"Carbon Dioxide Removal","domain_slug":"energy"}],"cited_in_dossiers":[]}