Archery

Divide targets to conquer the climate crisis

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 …

Carbon negative handbook

The 2015 Paris Agreement established the global ambition to “achieve a balance between anthropogenic emissions by sources and removals by sinks of greenhouse gases (GHG) in the second half of this century”. This is more commonly referred to as “net zero GHG emissions”. To reach net zero targets, substantial gross emissions reductions of over 90% …

Proposal to revise the EU Climate Law

Not only does the Climate Law not mention the different roles of biogenic sequestration by natural sinks and permanent removals, but it also fails to determine how much or which type of removals should be used to reach the net-zero target by 2050, or how much residual emissions will be allowed at that point.

“Net zero” oil company: Climate action or oxymoron?

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.