The New York Times
In The New York Times, BCG’s Global Chair Rich Lesser explains why more companies will purchase carbon removal credits in the coming years. BCG research forecasts that the market for carbon dioxide removal (CDR) technologies will grow from less than $10 billion today to as much as $135 billion by 2040. While CDR alone won’t solve the climate crisis, many scientists believe that removal of excess carbon dioxide will be necessary. “No one is arguing that you could solve all our carbon emissions with this,” Lesser says. “But it could be a meaningful part of solving a huge problem.”