CDR library

🎯 I am seeing a lot of confusion regarding the amount of international credits to be used by the European Union to achieve its 2040 target. 👀 Yesterday, I was finally able to look at the compromise text which came out of the successful trilogue negotiations last week. Here is what it comes down to: 📊 The 5% take a 1990 baseline. In that year, emissions were 4.736Gt, meaning we are looking at 237Mt. Beyond this, the text is still surprisingly vague, which leaves room for in

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🇪🇺 What a week it’s been for climate in Europe! Just wrapped up a few days of meetings across European institutions. My key takeaways: 👎 European climate ambition is weakening The big picture is not looking good. CEOs of Europe’s biggest companies are calling Ursula von der Leyen on a weekly basis, urging her to walk back on climate policy to keep European industry “competitive”. The result? The heart of European decarbonisation, our Emission Trading System (ETS), is shaki

🤯 Still reeling from my short and intense trip to London, where I attended Carbon Unbound Europe and got to catch up with all my favourite UK CDR policy experts. 💚 The timing couldn’t be better: Dr Alan Whitehead released his long-awaited independent GGR (=CDR) Review today! Almost 200 pages based on hundreds of stakeholder interviews, workshops, and written consultations. So where is the UK at? Reasons to be bullish: 💪 The government has real muscle: The UK already has th

🇪🇺 You might be following the intense debates in Europe over using international credits to achieve its 2040 climate target. But it’s...