Brussels consultation exposes ongoing divide over role for carbon offsets, removals in EU
Environmental NGOs and carbon market advocates remain divided over how far the EU should rely on carbon removals, international credits, and other market-based flexibilities for the next phase of its climate policy, according to submissions to a European Commission consultation on post-2030 national targets.
Read MoreMassachusetts CDR potential strong, but insufficient to meet 2050 net zero target -report
Massachusetts will likely need to rely on out-of-state carbon dioxide removal (CDR) and further emissions cuts to meet its 2050 net zero target, despite having strong potential to deploy and lead innovation in several removal pathways, according to a state-commissioned study.
Read MoreResearchers propose ‘carbon removal budget’ to limit overreliance
A “carbon removal budget” (CRB) could help governments and companies avoid delaying climate action by quantifying how much carbon removal (CDR) capacity is available, according to a new academic paper.
Read MoreCanada ocean-based CDR initiative launches in Nova Scotia
A new Canadian organisation has launched to support research, governance, and development of ocean alkalinity enhancement (OAE) and other ocean-based carbon removal (CDR) approaches.
Read MoreSwiss CDR firm signs first carbon credit deal with major AI infrastructure company
A Swiss carbon removal (CDR) supplier has struck its first portfolio agreement to sell carbon credits to a major AI infrastructure company, it announced Thursday.
Read MoreAerospace company procures 20k CDR credits via carbon marketplace
A US-based aerospace company has procured 20,000 carbon removal (CDR) credits from six suppliers across the globe via a UK-based marketplace, it was announced Wednesday.
Read MorePolicymakers should consider rewarding carbon removal with EU ETS benefits -expert
Carbon removal could be added to the list of decarbonisation actions that are tied to EU ETS benefits like free allowances and indirect ETS cost compensation, suggested a German consultant on a webinar Tuesday.
Read MoreUK govt carbon removal expert joins voluntary standard
A carbon removal expert that had been working for the UK government has joined a voluntary market registry and standard body.
Read MoreCarbon removal startup raises $1.1 mln to scale platform for nature-based solutions
An India-based climate startup has raised $1.1 million in a funding round to help scale its carbon removals platform focused on nature-based solutions.
Read MoreSome EU countries “overconfident” on carbon removals -report
Six European governments are leaning too heavily on carbon removal technologies to meet their climate targets, risking delays to essential emissions cuts and undermining the bloc’s long-term goals, according to a new analysis by a Brussels-based climate NGO.
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