Maintaining the incentive to decarbonise should be the guiding principle of the UK ETS, ensuring covered emissions go to zero or near zero. The integration of carbon removals in the ETS, even if gradual, goes against this proposition, and is incompatible with the science, for a number of reasons.
The first phase of Carbon Market Watch’s carbon removals co-creation process, “CO2ol Down”, is almost over. Fabiola De Simone explains how this cool project aims to heat up EU action on the bloc’s 2040 target and upcoming legislative process
What do camels, whales and breast-fed babies have in common? They’ve all been put forward as ways to offset emissions. We delve into some of the weirdest carbon crediting ideas and explain why they do not work for the climate.
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.
Occidental Petroleum (Oxy) has positioned itself as a global leader in direct air capture, carbon capture and utilisation, and enhanced oil recovery. In ambiguous messaging, the oil and gas company depicts these processes as both an effective tool for tackling the climate crisis and as a mechanism for extending business as usual fossil fuel production and consumption for decades to come.
Participants at the third meeting of the CO2ol Down campaign took a giant leap towards finalising their proposed amendments to the EU Climate Law and policy recommendations for governing permanent carbon removals in the EU
Having set the terms of discussion at the first workshop, participants met in person to brainstorm how the EU should govern permanent removals in a safe and sustainable manner
On Thursday 29 February Carbon Market Watch hosted the first in a series of workshops bringing together kindred spirits from academia, business and civil society to talk carbon removals – and hatch a plan for their measured use in the EU
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.
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