Development of a computable general equilibrium model representing direct air capture and carbon dioxide utilization
Osamu Nishiura, Shinichiro Fujimori, Ken Oshiro
This study develops a CGE model incorporating DAC and CCUS technologies. Under a 1.5°C scenario, DAC captures 14.3 GtCO2/yr (12.8 Gt for CDR, 1.51 Gt for synfuel). DACCS reduces economic impacts of emission cuts, but irrational synfuel choi…