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π₯ Breaking: New CBAM rules could supercharge demand for Article 6 credits
πͺπΊ Huge news coming out of Europe this week! The European Commission released a draft implementing act for the Carbon Border Adjustment Mechanism (CBAM) covering the use of carbon credits. π The punchline: Europe is looking to allow up to 10% of international carbon credits (Article 6) and what looks like unlimited domestic compliance carbon credits to be used to reduce CBAM levies for companies exporting to Europe. πΆ Why is this so big? Letβs do the maths: the CBAM - cur
May 14


π£ A historic day for international CDR collaboration
π¨π The Swiss government is undoubtedly leading - globally - on climate collaboration under Article 6 of the Paris Agreement, having signed >15 bilateral agreements already. π€ This includes the first ever durable CDR Article 6 transaction with Norway. Today, in Climate Week Zurich, the Swiss and Norwegian governments are sharing their learnings and announcing some exciting news. ποΈ Eve Tamme and I are on the ground in Zurich today recording a special episode of the CDR Pol
May 4
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