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Explore a groundbreaking lecture that presents a revolutionary approach to climate action through the concept of "Carbon Takeback Obligation" - making fossil fuel producers responsible for safely disposing of the CO₂ their products generate. Learn why current climate policies are failing and discover how geological net zero could be achieved by requiring one tonne of carbon dioxide disposal for every tonne generated from fossil fuel combustion. Examine the economic and political feasibility of making CO₂ disposal a licensing condition for fossil fuel sales, moving beyond traditional carbon pricing mechanisms. Understand the costs, implementation challenges, and policy frameworks needed to achieve net zero by 2050 without waiting for the complete phase-out of fossil fuels. Gain insights into who should bear the financial responsibility for carbon disposal - taxpayers or industry - and explore how this approach could resolve the tension between continued fossil fuel use and climate goals. Delivered by Professor Myles Allen, Director of the Oxford Net Zero initiative and Frank Jackson Foundation Professor of the Environment, who brings expertise in climate attribution and net zero policy to present this compelling alternative to conventional climate strategies.
