Kiel,

Faran, Turaj S.; Olsson, Lennart (2018): Geoengineering. Neither economical, nor ethical—a risk–reward nexus analysis of carbon dioxide removal

Faran, Turaj S.; Olsson, Lennart (2018): Geoengineering. Neither economical, nor ethical—a risk–reward nexus analysis of carbon dioxide removal. In Int Environ Agreements 27 (12), p. 555. DOI: 10.1007/s10784-017-9383-8.

"Using the recently developed approach of risk–reward nexus (RRN) in the economics of innovation, we question the economic viability of CDR. The main argument is simple: if one uses the new framework of RRN in evaluating the innovations involved in the CDR branch of geoengineering, not only does one include more areas of risk but also one has to consider a broader base for distributing the rewards. Consequently, from RRN’s point of view, it would be less likely to find investing in CDR economically viable for the investor firms."

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