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Forests or underground storage? New metric compares risks of carbon removal projects
The risk of relying on uncertain carbon removal projects can now be quantified using a new standardized metric that can be applied across all such schemes, irrespective of the technology used.
AI Summary
A new standardized metric called Carbon at Risk (CaR) quantifies the likelihood that carbon‑removal projects will deliver less carbon than originally contracted. The metric applies to any removal scheme, regardless of technology, and is intended to help regulators, buyers, insurers and investors assess and diversify risk. Researchers say CaR could enable larger investment flows needed to keep global warming within the 1.5 °C target.
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