PolicyIncentivestoScaleCarbonDioxideRemoval:AnalysisandRecommendationsAPolicyIncentivestoScaleCarbonDioxideRemoval:AnalysisandRecommendationsJamesBoyd,EmilyJoiner,AlanKrupnick,andMichaelTomanReport24-03February2024ResourcesfortheFutureiAbouttheAuthorsJamesBoydistheassociatevicepresidentforresearchandpolicyengagement,aseniorfellow,andThomasKlutznickChairinEnvironmentalPolicyatRFF.Heconductspolicyandeconomicanalysisrelatedtoforestry,nature-basedclimatesolutions,andnaturalresourcemanagement.HeearnedhisPhDfromtheWhartonBusinessSchoolattheUniversityofPennsylvania,andhasbeenavisitingprofessoratStanfordUniversityandWashingtonUniversityinStLouis.HepreviouslycodirectedtheNationalSocio-EnvironmentalSynthesisCenter.Boydworkswithdiversepartnersfromgovernment,nongovernmentalorganizations,andprivate-sectorinstitutions,andemphasizesclosecollaborationbetweendecisionmakersandacademicresearcherstogeneratesciencethatisusefulandpracticalinreal-worldsettings.EmilyJoinerisaresearchassociateatRFF.Sheworksonasuiteoftopicsincludingcarbondioxideremoval,agriculturalemissionsreduction,andwildfireriskimpactsandmitigation.SheobtaineddualBSdegreesinsustainabilityandeconomicsfromArizonaStateUniversityandanMSdegreeinagriculturalandresourceeconomicsfromtheUniversityofArizona(UA).PriortojoiningRFF,sheheldinternshipswithUA’sWaterResourcesResearchCenter,theBabbittCenterforLandandWaterPolicy,andtheCityofGilbert’sWaterDepartment.Joiner’sresearchinterestsincludenonmarketvaluationmethods,benefit-costanalysisanditsregulatoryimplications,andwatereconomicsintheUSWest.AlanKrupnickisaseniorfellowatRFFandanexpertontheoilandgassector,reducinggreenhousegasemissionsfromthisandtheindustrialsectors,andcost-benefitanalysis.Inparticular,Krupnick’srecentresearchfocusesongreenpublicprocurement,decarbonizedhydrogenandtaxcredits,anddevelopingmarketsforgreennaturalgas.HisportfolioalsoincludesguidingthevalueofinformationagendacoveredbyourVALUABLESinitiativewithNASA,thevaluationofreducingasthmarisks,estimatingthevalueofstatisticallife,andissuesofregulatoryreform.MichaelTomanreturnedtoRFFasaseniorfellowin2021afterstintsattheWorldBankDevelopmentResearchGroup,RANDCorporation,andtheInter-AmericanDevelopmentBank.MikeservedasaSeniorStaffEconomistattheWhiteHouseCouncilofEconomicAdvisersfrom1994–1996.Hiscurrentresearchinterestsincludereductionofagriculturalgreenhousegasemissions,criticalmineralsfordecarbonization,marketsforemissionreductioncredits,andclimatechangepoliciesindevelopingcountries.MikehasaBAfromIndianaUniversity,aMScinappliedmathematicsfromBrownUniversity,andMAandPhDdegreesineconomicsfromtheUniversityofRochester.PolicyIncentivestoScaleCarbonDioxideRemoval:AnalysisandRecommendationsiiAboutRFFResourcesfortheFuture(RFF)isanindependent,nonprofitresearchinstitutioninWashington,DC.Itsmissionistoimproveenvironmental,energy,andnaturalresourcedecisionsthroughimpartialeconomicresearchandpolicyengagement.RFFiscommittedtobeingthemostwidelytrustedsourceofresearchinsightsandpolicysolutionsleadingtoahealthyenvironmentandathrivingeconomy.TheviewsexpressedherearethoseoftheindividualauthorsandmaydifferfromthoseofotherRFFexperts,itsofficers,oritsdirectors.AbouttheCoverTheimageonthecoverofthisreporthasbeenreproducedcourtesyofClimeworks.Climeworkswasnotinvolvedintheproductionofthisreport,nordoesitespouseanyoftheviewscontainedtherein.SharingO...