Latest News

IPIECA webinar: Carbon Takeback Obligations – an opportunity to accelerate deployment of carbon capture and storage? (5th May 2022)

In this IPIECA webinar,  Professor Myles Allen from the University of Oxford and consultant Margriet Kuiyper propose that a cost-effective transition can occur by mandating storage of carbon through a progressive Carbon Takeback Obligation (CTBO) placed on fossil carbon producers. This has advantages of governance, speed, and controllability

One page introduction to CTBO & summary of paper

On the left is a two page introduction, focussing on the results of a recent study, showing that a CTBO applied globally is cost efficient, and equivalent to the overall policy cost of demand-side policy driven with a global carbon price.

On the right is a press release, with quotes from the lead authors of the study and from an independent expert on the requirements of CCS policy.


Recent News Coverage

Read about the coverage of the Carbon Takeback Obligation in current news and media.

Charging for Carbon: Bloomberg Quicktake (21/10/2021)
Click here for a short video explaining why, when we pay to treat waste water, we should consider charging for waste carbon too. @AkshatRathi
explains charging oil and gas companies for CO2 emissions.

We Pay to Treat Waste Water, Why Not Waste Carbon? (14/09/2021)
Researchers propose that oil and gas companies should have to put the carbon they extract back underground

Carbon Take Back Obligation: make sure fossil fuels producers take responsibility for cleaning up CO2 (18/08/2021)

In this Nori podcast episode of Reversing Climate Change, Margriet Kuijper discusses the concept behind the Carbon Takeback Obligation (08/06/2021)

31/10/2021: Prof. Stuart Haszeldine interview on BBC News. Discussion includes the status of carbon capture and storage, the requirements for the future, and how a CTBO could provide the ideal policy solution.

26/05/2021: Follow from 35:54s to hear more about the steps required to offset fossil fuel emissions and achieve NetZero with Jeremy Vine and Professor Myles Allen
In this Nori podcast episode of Reversing Climate Change, Eli Mitchell-Larson discusses the shift to carbon removal offsetting and why it is necessary for companies to support the development of NetZero. (04/05/2021)

Polluter Pays (21/04/2021)
On this episode of the BBC Radio 4 series ’39 Ways to Save the Planet’, Tom Heap hears from Professor Myles Allen and climate consultant Margriet Kuijper on the Carbon Takeback Obligation Concept. 

15/04/2021: Read about proposed ‘supply-side’ approaches to managing fossil fuel emissions, including the Carbon Takeback Obligation.
26/03/2021: Following the recent publication of Onward’s ‘Greening the Giants’ research report, which found that the Government would be unable to deliver on its commitment to NetZero by 2050 without radical action, this article summarises challenges and opportunities in achieving Net Zero, including the role of the Carbon Takeback Obligation.
TED Countdown Global Launch 10/10/2020 is an information resource supported by Oxford Net Zero and the ClimateWorks Foundation, although the views expressed herein are those of the site authors