To facilitate a transatlantic exchange of views, Carbon Market Watch brought together experts from the USA, the UK, Germany and the EU to track progress towards implementing separate climate targets and carbon removals policies. Carbon Market Watch recently organised a webinar aimed at delving deeper into how key trailblazing countries, states and regions on both …
Read more “Divide targets to conquer the climate crisis”
This explainer answers key questions related to the topic of carbon removals, the principle of separate targets, and their implications for implementation.
This explainer answers key questions related to the topic of carbon removals, the principle of separate targets, and their implications for implementation.
As re-confirmed by leading climate scientists in October, there is no alternative to near-term emission reductions to limit damage to our planet, ecosystems and people. However, there is a need to prepare for an environmentally sustainable removals capacity that can help reach climate equilibrium in the future.
Reducing emissions must remain the priority for policymakers, and should not be conflated with safeguarding natural carbon sinks or the sustainable usage of permanent removals. Carbon removals policy expert Fabiola De Simone explains.
CMW applauds United Nations’ Secretary General António Guterres’s calls for the safe and sustainable use of carbon removals while warning that these technologies were not a “silver bullet” and cannot substitute deep emissions cuts.
Our investigation into Occidental Petroleum’s heavy investment, including taxpayers’ money, in untested direct air capture reveals the huge dangers involved in misusing carbon removals as a substitute for genuine climate action.
Numerous changes are particularly needed in the Supervisory Body’s draft recommendations regarding removal activities, including with regard to the need for: long-term monitoring, a science-based process to determine reversal risk, clarifications on how reversals are remediated, and strengthened safeguards to uphold the rights of Indigenous Peoples. For more information, including Carbon Market Watch’s text proposals, please consult our full submission.
Is offsetting fine if it is done with highly durable carbon removal credits? Sabine Frank weighs the pros and cons.
EU’s underwhelming 2040 climate target shifts responsibility to future generations