Exploring risk & uncertainty for actors in the new Greenhouse Gas Removal sector
Scaling the new Greenhouse Gas Removal (GGR) sector is an unprecedented challenge. It requires interventions that address risk and uncertainty in order to encourage actors to engage in the negative emissions market as it transitions and to ensure that risk is not placed on tax payers.

This CO₂RE event explores a central question: how does the market deal with the variety of GGR approaches, each with different degrees of permanence (the length of time removed carbon is stored out of the atmosphere) and reversal risk (the risk that the stored carbon is released)?

Three expert speakers will debate three possible approaches proposed in a recent Bellona paper, providing perspectives from civil society, the insurance sector and GGR project developers.

Approaches and panelists:

Separate the markets for different GGRs – Adam Whitmore, Bellona UK
Use exchange rates – Natalia Dorfman, co-founder Kita
Have an obligation to deliver permanence (and replace reversals) – Chris Manson-Whitton, Progressive Energy


The discussion will be chaired by Professor Cameron Hepburn, Principal Investigator of CO₂RE, the Greenhouse Gas Removal Hub and Director of the Smith School, University of Oxford. There will also be time for audience Q&A.

This debate is part of a series of events on Market Transition Risk, and follows an earlier event on Building the new GGR industry: What roles for the government and private sector?

It will be of particular interest to policymakers, GGR innovators and project developers, financial investors, academics and research institutes, carbon crediting organisations, the insurance and legal sectors, and civil society.

CO₂RE is tackling the issue of risk and uncertainty through its cross-cutting research programme on GGR which includes research on economic policies and incentives; business models; governance, legal and ethical factors; monitoring, reporting and verification; and public values.

Timings:
17:30-17:55 Registration
18:00-19:00 Panel discussion and Q&A
19:00-19:45 Drinks and networking (in-person attendees only)

This event is hybrid. When you register, you can select whether to join in-person (at the Oxford Martin School, Oxford, UK) or online.
Date: 8 February 2023, 17:30 (Wednesday, 4th week, Hilary 2023)
Venue: Oxford Martin School, 34 Broad Street OX1 3BD
Venue Details: Lecture Theatre
Speaker: Prof. Cameron Hepburn
Organising department: Smith School of Enterprise and the Environment
Organiser: George Hope (CO2RE)
Organiser contact email address: co2re@smithschool.ox.ac.uk
Host: George Hope (CO2RE)
Booking required?: Required
Booking url: https://www.eventbrite.co.uk/e/exploring-risk-uncertainty-for-actors-in-the-new-ggr-sector-tickets-443323782367
Cost: Free
Audience: Public
Editor: George Hope