Why carbon offsetting should die out but healthy carbon markets should live on
Is offsetting fine if it is done with highly durable carbon removal credits? Sabine Frank weighs the pros and cons.
Is offsetting fine if it is done with highly durable carbon removal credits? Sabine Frank weighs the pros and cons.
Motivated by a desire to keep down the cost of achieving its climate targets, the EU has failed to rule out the double counting of emissions reductions under its Carbon Removals Certification Framework. By so doing it is undermining established standards and its own policies.
The European Parliament’s vote on a bill aimed at combating greenwashing upheld a ban on describing products as “carbon neutral” but failed to apply the same principle to companies.
The EU’s lacklustre attempt to forge a certification system for carbon removals is so riddled with holes that the process needs to be rebooted to avoid doing more harm than good.
Taylor Swift claims she can offset the immense carbon footprint of her private jet but the only way for high-flying celebrities and the superrich to reduce their climate impact is to fly less and choose more sustainable forms of transport.
EU’s underwhelming 2040 climate target shifts responsibility to future generations
With the European Commission set to release its proposed 2040 climate target for the EU on 6 February 2024, it is imperative that policymakers get the design right by separating carbon removals from emissions reductions,
Carbon Market Watch has launched a new project aimed at collectively designing the way the EU should regulate removals.
the European Commission has received an open letter signed by 96 academics, businesses, civil society organisations and research institutions urging the EU to separate emissions reductions, land-based sequestration and permanent carbon removals in the EU’s post-2030 climate framework.
Carbon Market Watch colleagues met on 11 December to brainstorm a name and a logo to accentuate our Milkywire Climate Transformation Fund supported carbon dioxide removals (CDR) campaign.