Carbon Negative Shot

Country / jurisdiction: United States · Year: 2021 · Status: In force · Level: National · Type: Voluntary

Announced in 2021, the Carbon Negative Shot aims to spur innovation, research, manufacturing and deployment of CO2 removal (CDR). Led by the US Department of Energy (DOE), the Carbon Negative Shot is guided by four goals:

Reduce the cost of CDR to less than USD 100 per tonne of CO2e for both capture and storage within the next decade (i.e., by 2030)

Robust accounting of full lifecycle emissions (i.e., ensures emissions created when running and building the removal technology are accounted for).

Secure geologic storage or equivalent storage with costs demonstrated for monitoring, reporting and verification.

Enable necessary gigaton-scale removal.

CDR approaches include, but are not limited to:

Direct Air Capture with Storage

Soil Carbon Sequestration

Biomass Carbon Removal and Storage

Enhanced Mineralization

Ocean-Based CDR

Afforestation/Reforestation

The Carbon Negative Shot is part of the DOE's Energy Earthshots effort, which aims to accelerate breakthroughs of more abundant, affordable, and reliable clean energy solutions within the decade. In addition to the Carbon Negative Shot, the other Earthshots include: hydrogen, long duration energy storage, enhanced geothermal, floating offshore wind, and industrial heat.

Official source: https://www.energy.gov/fecm/carbon-negative-shot