EU ETS will need 200 Mt of carbon removals by 2050 to neutralise emissions -analysts

Published 15:52 on October 5, 2023  /  Last updated at 10:13 on October 6, 2023  / Roy Manuell /  Americas, EMEA, EU ETS, Nature-based, UK ETS, US, Voluntary

The EU's compliance carbon market will need an estimated 200 million tonnes of carbon removals by mid-century to cancel out residual emissions in the mechanism, analysts said Thursday, based on a modelling of the 'least cost' way to meet the bloc's 2050 net zero target.
The EU's compliance carbon market will need an estimated 200 million tonnes of carbon removals by mid-century to cancel out residual emissions in the mechanism, analysts said Thursday, based on a modelling of the 'least cost' way to meet the bloc's 2050 net zero target.


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