The spotlight on carbon removal is getting brighter. UN standard-setters have begun a crucial process to lay the groundwork for removals under the Paris Agreement. This has gone largely unnoticed by the carbon removal community…
UN standard-setters turn their attention to carbon removal Read More »
The carbon markets are experiencing rapid growth. The voluntary markets are expanding due to unprecedented demand from corporate buyers and a related boom in issuing new credits. The compliance markets are growing via increased allowance prices and soon also through the emerging Paris Agreement market. All the while, the two markets are increasingly converging, and the voluntary market is bound to go through substantial changes. Will there be a competition
What’s next for carbon markets? Read More »
The new IPCC report brings carbon removal to the centre stage of climate mitigation as an essential and unavoidable tool to achieve net-zero GHG emissions.
The New IPCC Report – Carbon Removal Narrative 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 »
Europe is finally tackling the missing part in its climate policy toolbox – carbon removal. Next to steep emission reductions required over the next couple of decades, carbon removal will become the main driver of climate ambition before mid-century. In their Sustainable Carbon Cycles Communication, the European Commission outlines its vision as follows: “To reach the climate neutrality objective of the EU Climate Law, carbon removals will have to be
Shaping Europe’s Carbon Removal Policy Read More »