CDR library

🎙️ Mette Quinn heads up the team at the European Commission which has spent years thinking about the CDR integration into the EU ETS. Eve Tamme and I managed to get Mette on the CDR Policy Scoop to ask her all our hard, outstanding questions. 🎯 Sneak preview: yes, the 250Mt of CDR in the 2030s is a promise, not just an aspiration. 💡 There is much, much more. Mette was generous, clear, and insightful. I guarantee you will learn something you didn’t know. Make sure to check

🤷‍♂️ Here we go again: wild CDR costs in an official EU proposal (the Commission's Impact Assessment for the ETS Review, Annex 8 on Removals specifically). Only problem: this time it looks like the entire CDR integration into the ETS rests on these assumptions… 💶 Here is why: the EU is planning to sell 250 million EUAs to buy 250 million tons of CDR. As per the impact assessment, they assume that - by 2036 - the cost of an EUA will reach around €200 and the cost of CDR (esp

📈 Yesterday, I posted about the >€50b compliance market for CDR that the planned integration into the ETS would mean. 💶 The math was simple: the Commission suggested procuring 250Mt of CDR. At an average cost of €200/t, we’d be looking at €50b between 2031-2040. 🤔 The reality - as I understood today - is more complex, and worrying. 🔦 The proposal does not commit the EU to procuring 250Mt of CDR. It commits the EU to selling 250Mt of EUAs (+ an additional 10Mt contingency

‼️ CLARIFICATION: the mechanism is more nuanced than I had initially understood. The Commission is not committing to 250Mt of CDR. It is suggesting to auction 250Mt (+10Mt contingency) of allowances "to generate revenues for the purchase of an equivalent amount of domestic permanent carbon removal units". Should the budget be insufficient (possible), it could simply buy less removals. I wrote an update here: https://lnkd.in/d6jUuJzm 🇪🇺 The European Commission’s long awaited

🥊 Not one day goes by in which I do not see folks pitting these two approaches against each other. This then plays out in policy, where we see arbitrary hurdles, e.g. permanence thresholds or the lack thereof, created to lock one side out. 💬 And - to be honest - I used to be part of this problem too, actively taking one side only. But the more I speak to policy makers and corporate buyers, the more I realise that what they need is a holistic approach, one which encompasses

🌎 Applications are open for remove's first CDR accelerator dedicated to founders building in Latin America. The region has a strong case for durable carbon removal: ▶️ Natural resources ▶️ Industrial and agricultural systems suited to it ▶️ The world’s largest CDR company Exomad Green 🚀 What's been missing is dedicated program support to get early-stage teams from idea to delivery. 🤩 Introducing remove’s Innaugural Latin American Cohort Programme: an 8-month, two-stage a

🧪 Ocean alkalinity enhancement (OAE) is one of the most promising carbon removal methods. But it is complex, and its success depends largely on supportive policy. 💼That’s why Carbon to Sea Initiative - a nonprofit that funds and coordinates scientific research into OAE - is hiring a VP, Global Policy to lead the regulatory, financial, and field conditions OAE research and scale-up depend on. They’re looking for someone with: 🔹15+ years in senior climate / ocean / energy /

🐝 Lots of buzzing about this big drop next week by the EU. If you want to find out what you need to know ahead of time, what to look out for, we’ve got you covered with the latest CDR Policy Scoop Scoop Episode featuring Carbon Gap. Eve Tamme sat down with Francesca Battersby and Louis Uzor from Carbon Gap to unpack: 🔹What integration could actually look like: a public authority or a market led model 🔹 Whether CDR sits below or above the declining cap 🔹 How to close the

☀️ Our family's 70-year-old business in the Dolomites finally runs on solar. Our new system will produce over 500 MWh of clean electricity over its lifetime using 20kW of panels, backed by a 25kW battery in the cellar and an EV charger in the garden. ⚡ Italy already gets 17% of its electricity from solar, with rooftop the fastest-growing segment, thanks to good national subsidies and permitting frameworks. 🧑‍⚖️ However, my local authorities did not make it easy. In order to

♀️Women working tirelessly across five governments and the EU institutions, designing the frameworks for funding and market access that decide whether carbon removal actually scales to climate relevance. 🇨🇭 Switzerland Veronika Elgart, Deputy Head International Climate Policy, BAFU/OFEV Sophie Wenger, Climate Policy Officer, International Climate Policy, BAFU/OFEV 🇳🇴🇸🇪 Nordics Sonia Ruyter, Case Manager, National Centre for CCS, Swedish Energy Agency Ane Gjengedal, Seni

For our second quarterly catch up to chat about: 🎯 Why twenty seven different national CDR targets might actually be better for the sector than one clean EU wide number 🪑 Why nobody in CDR has bothered to fight for a seat at the table in the ReFuelEU Aviation review- but probably should ✈️ How CORSIA's enforcement looks completely different depending on which continent you're standing on 🇳🇴 The Norwegian auction scheme neither of us saw coming. 🏛️ So if you want to find

🤔 Can we leverage future ETS revenues for present day investments into CDR? What would that look like and what would its impact be? 📄 That is the big question Raphaël Cario cario and I are addressing with our new peer-reviewed research paper published by the American University’s Institute for Responsible Carbon Removal . 💶 The idea is not new: use European Investment Bank bonds backed by an ETS1 and ETS2 guarantee base to mobilise up to 200 billions of euros in green inve