What are the key considerations around including carbon dioxide removal in the EU Emissions Trading System (EU ETS)? Compared to a couple of years ago, the conversations have evolved from whether to bring in removals to how to do it in practice…
March 2023 laid the groundwork for developing carbon removal methodologies under the EU Carbon Removal Certification and the Paris Agreement. The European Commission’s Carbon Removals Expert Group had its inaugural meeting, and the Article 6.4 Supervisory Body convened for its first session of the year. Whilst both groups were largely in the planning mode with their carbon removal-related activities, there are a few noteworthy developments to highlight. This post shares …
EU and UN Kickstart Their Work on Carbon Removal for 2023 Read More »
2023 is bound to have an outsized impact on the EU’s climate policy. The preparation done this year will lay the foundation for the new EU climate target, to be proposed in the spring of 2024. It will shape the policy landscape for the next 15 years. However, so far it’s flying largely under the radar and is not getting the attention it deserves. 2022 was the core year of …
2023 — the Year of Shaping EU’s 2040 Climate Target Read More »
The global race to certify removals is gathering speed. The European Commission has published its proposal for the EU’s Carbon Removal Certification Framework (CRCF), putting Europe in the lead in carbon removal policy design. Next to the EU, several countries, including the UK and US, are considering the best options to quantify removals. In addition to governments, there is a long list of initiatives and standards in different stages of …
EU Enters The Race For Carbon Removal Certification Read More »
Let’s take a closer look at how removals are included in Europe’s sectoral climate policies today, what kind of proposals are currently on the table, and the options to include carbon removal in climate policy tools like the European Union Emissions Trading System. Where are the removals included today? The three pillars of the European Union climate policy are: 1) European Union Emissions Trading System (EU ETS), which covers 40% …
Should negative emissions be included in the EU ETS? Read More »