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2025 Update on Greenhouse Gas Removal Costs and Scaling Challenges

  • Isabella Ragazzi
  • , Yorukcan Erbay
  • , Isabela Butnar
  • , Hristo Gonev
  • , Silvian Baltac
  • , Mark Workman
  • , Navraj Singh Ghaleigh
  • , Philippa Westbury
  • , Steve Smith

Research output: Book/Report › Other report

Abstract

Key insights:
- Overall cost trends: GGR cost estimates have increased, as compared to ERM's 2021 analysis, largely reflecting improved data availability and better clarity on previously uncertain factors. Transport and storage of captured CO₂, and MRV (monitoring, reporting & verification) remain major cost drivers across most GGR methods.
- DACCS & biochar costs: Greater visibility into subcategories of these methods reveals significant price variations—critical for informed decision-making.
- System boundaries matter: Standardization is essential for meaningful cross-comparison of GGR approaches.
- Beyond the numbers: Business models, regulatory barriers, and deep uncertainty must be factored into GGR strategies.
Original languageEnglish
Number of pages28
Publication statusPublished - 1 Dec 2025

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