A recent report by Carbon Market Watch of 20 global, EU, national and sub-national climate policy frameworks shows that not one governs carbon removals in an environmentally sound way.
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.
A companion to ‘A framework for assessing the climate value of temporary carbon storage’, this document provides a summary for policymakers based on the scientifically grounded evidence from climate economist Danny Cullenward’s research.
In this report Carbon Market Watch analyse the role and implementation of carbon removals in climate policies across 20 jurisdictions spanning global, EU, national and sub-national levels.
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.
This joint letter from Carbon Market Watch and allied NGOs raises a number of key concerns that the European Commission must take on board to ensure the transparent, representative and effective future functioning of the Expert Group on Carbon Removals and its meetings.
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.
This event discusses the proposed Carbon Removals Certification Framework (CRCF): the role and use of removals, the definition of removals and carbon farming.