American fossil fuel companies are tapping taxpayer money to invest heavily in energy-guzzling Direct Air Carbon Capture and Storage (DACCS), all to continue pumping out oil. This has serious ramifications for the climate and global efforts to decarbonise.
Storing carbon temporarily is being touted as a tool for tackling the climate crisis. But unless the CO2 is stored for over a century, this “solution” can do more harm than good, despite the co-benefits to ecosystems.
Carbon Market Watch (CMW) has delivered a strong verdict on the role of carbon removals and temporary carbon storage in the hierarchy of climate action in a pair of complementary reports released on 25 September 2023. A study of policy frameworks around the world shows that policymakers are getting it wrong.
Companies selling in the European Union will no longer be able to claim that their products are carbon or climate neutral, the EU has provisionally agreed. This victory against greenwashing corresponds to longstanding demands from climate campaigners to eliminate the use of offsets and send a signal to the voluntary carbon market.
Carbon removals can only play a minor supporting role to rapid and deep emissions reductions, concluded a panel discussion organised by Carbon Market Watch at the European Parliament.
The EU must ignore lobbying efforts from industry to certify the storage of carbon dioxide in cement or concrete as carbon removals.
The European Parliament Environment Committee’s rapporteur has preserved most of the defects in her draft report reacting to the European Commission’s proposed Carbon Removal Certification Framework. The draft report, composed by MEP Lídia Pereira of the European People’s Party, contains many small improvements compared with the European Commission’s original proposal for a Carbon Removal Certification …
Preserving nature, restoring soils and safeguarding biodiversity are urgent and necessary activities. However, branding them as carbon removals is harmful. We need other solutions
Carbon removals are not meant as a tool for corporate greenwashing or climate inaction. They should only be used to reduce the concentration of greenhouse gases in the atmosphere.
The UN-backed ‘Carbon Removal Pioneers’ stoke the development dreams of African countries but crash against the reality of climate science.
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