Sustainability Unleashed: Pioneering Carbon Removal Solutions for a Net-Zero Future

Abstract

Purpose- Countries are urged to submit aggressive emissions reduction plans for 2030 to achieve net-zero emissions by 2050. Carbon removal solutions have become the focus of discussion by various scholars to adapt to global climate change and the goal of carbon neutrality. The paper aims to fill the knowledge gap by evaluating sustainable carbon removal solutions; nature-based, technological and hybrid solutions in terms of capturing, processing, transporting and storing CO₂ from the atmosphere.

Design/methodology/approach- To keep global warming at sustainable levels will require carbon removal technologies to scale up. The carbon removal methods vary in terms of capturing, processing, transporting, and storing CO₂ from the atmosphere. We evaluated and classified these solutions on the parameter of net carbon absorption from capturing, processing, transporting, and storing.

Findings- The paper establishes that technological and hybrid solutions hold the future of carbon removal solutions, and strategic interventions such as regulating carbon removal services and carbon pricing could catalyse decarbonization.

Practical Implications- The paper outlines a well-designed strategic intervention for policymakers to enforce regulations in light of the current status and accelerate the adoption of proven net-zero technologies. The paper offers a pool of business opportunities for an entrepreneur.

Originality/value- We are flooded with climate change talks on multiple platforms with CO₂ emissions targets thrown without feasible solutions or know-how. This paper breaks the clutter and fills the knowledge gap by evaluating sustainable carbon removal solutions in terms of capturing, processing, transporting and storing CO₂ from the atmosphere.