CDR library

🤩 Our star guest was no other than Peter Liese, a 32-years veteran member of the European Parliament and its Rapporteur on the EU ETS review proposal. 🏆 And - dare I say - I have never spoken to a politician who champions carbon removals the way Peter does. 🏭 Peter has been advocating for CDR in the EU ETS since 2021, when he oversaw the last review, also as the Parliament’s Rapporteur on the file. So what does he think of the proposal now that CDR finally made it in? 🏁 I

👀 This is a particularly important one to scrutinise, as excessively low BCR costs - €37/t anyone? - were explicitly highlighted by the EU Commission as a reason NOT to integrate BCR into the ETS, given it could potentially lead to distorting effects. 🇪🇺 Now I know the BCR industry well enough to immediately realise that the Commission’s numbers were off. So let’s dig in - here is how the numbers come together: 1️⃣ The entire lower bound (€66-€37/t) comes / is derived fro

🔥 The planet is burning. We are running out of time and cannot afford the luxury of certainty anymore. 💬 That is why these wise words from carbon removal veteran Dirk Paessler paessler resonate a lot with me, yet they seem so far away from the policy halls I spend most of my time in. 🪨 Let’s make it concrete: enhanced rock weathering (ERW) was hailed as one of the most scalable and potentially affordable durable CDR solutions out there. 🤝 I shared this belief and even bro

👀 Last week, I shed some light on the pretty shaky assumptions behind the BioCCS cost forecast in the EU ETS proposal. Today, let’s shift focus to the other CDR method eligible for integration into the ETS: DACCS. 💶 Unlike with BioCCS, I didn’t find the DACCS numbers intuitively off. In fact, I had a bunch of DACCS project developers tell me they were quite happy about those numbers, which might be even higher than what they could get on the voluntary carbon market (VCM). �

🎙️ Every week, I get to ask industry experts all my toughest questions on the CDR Policy Scoop. With almost 100 episodes down, we decided to flip the tables. 🫵 Now it is YOU who gets to ask Eve Tamme and I whatever you want. Policy, markets, technology, or the show itself - nothing is off limits. How to submit your question - do any of the below: 1️⃣ Drop it in the comments below 2️⃣ Send us a voice message and we might air you on the episode: https://lnkd.in/e-uyCTfu 3️⃣ P

💎 This is a real gem: the department leading carbon removal policy within the European Commission is hiring for a Policy Officer. 🇪🇺 DG Clima C3 within the European Commission has been driving cutting-edge CDR policy, amongst others the Carbon Removal and Carbon Farming Regulation (CRCF), and - more recently - the EU Buyers Club. 🫵 Now you can join them! Key tasks include: 🔹 Helping to implement the CRCF, including managing the Carbon Removal Expert Group 🔹 Contributing

💶 The BioCCS cost assumptions are the Achilles Heel of the current ETS CDR proposal. The numbers - see comments for a reminder - just don’t look right, with all the downstream implications they have. 👀 So I dove deep. Very deep. Three numbers are key to understand: 1️⃣ €172/t in 2020 - this forms the lower bound starting point (in 2023, using EUR2020) 2️⃣ €153/t in 2050 - this forms the single end point for all three (lower/average/upper) scenarios. 3️⃣ €314/t in 2024 - t

📈 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

🧪 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 /

🤔 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

💦 This is more than a fun fact. It explains biochar’s water retention superpower which allows it to fight droughts and fires. 👀 Check out the full documentary “CHAR: Fighting Wildfires with Biochar” in 4k on Youtube: https://lnkd.in/deEgPbwT 🖤 And if you want to support projects like Ibero Massa Florestal, S.A. directly, you can now do so here: https://lnkd.in/e9KuXhNS

🌍 CDR can help us reach our climate goals while keeping Europe competitive and the EU ETS gives our industry that flexbility. 👀 More on why the ETS needs removals from the Negative Emissions Platform: https://lnkd.in/eAR6v2vp #ETSneedsremovals

📈 Last Friday, an infographic by Propublica went absolutely viral here on LinkedIn. It made a simple point: CCS and CDR suck. 😡 I was irritated to say the least. Starting with the obvious. The infographic - and the accompanying blog post - weren’t great… 1️⃣ It conflated various concepts into one: CCS / DACCS / CDR 2️⃣ It cherrypicked data for dramatic effect, e.g. on historic CCS deployments/capacity ☀️ Yes, solar and renewables are great - I am all for them. But now - in

🖤 No surprises here: I am very passionate about biochar for wildfire prevention, having written and even shot a documentary on it myself (in the comments). 🇺🇸 Now, #forestproud with the support of the USDA Forest Service produced a wonderful 10 minute film on how biochar can help reduce the risk and impact of wildfires in the United States. 🖇️ Check it out in HD on Youtube: https://lnkd.in/eza-Bt3S 🔥 The arrival of summer sadly brings with it wildfires, every year more i

For being selected as one of 16 winners of Tencent's CarbonX 2.0 program providing $30M in catalytic funding to 16 teams globally. 🇰🇪 What’s more, Kenya will host all of the CarbonX 2.0 programme’s carbon removal pilots (5 companies including Octavia) to create Kenyan DAC and storage hub. 🔥 Octavia is on fire! Not only are they the first DAC company in the Global South, they also made history just last month as the world's 4th DAC company to achieve permanent geological s

🤩 As in previous years, Biochar Europe has just released their fantastic market report, which provides the best analysis of where the European biochar industry is really at. 🏛️ Tl:dr: BCR continues to demonstrate its technical maturity and ability to deliver. While growth has slowed down, capacity keeps being added. Clear policy incentives will be needed for BCR to truly scale and to incentivise use of biochar for BCR versus charcoal and especially metallurgy. Now for thos

🎬 It’s a wrap: the second CDR Experience Tour was a smash hit. 🚌 Over 90 senior leaders across policy, business, and academia packed in a bus braving a heat wave - peaking at 43 degrees in Carbon Drawdown Initiative’s greenhouse - for eight stops to witness carbon removal in real life. 👏 Thank you for everyone who took part and who made this a success. First and foremost, the incredible team at the Deutscher Verband für negative Emissionen e.V. (DVNE), who worked tirelessl

🙋🏻 If there is one person that has the answer, it is Delia Meth-Cohn, who set up and led the CDR working group within the ISO process. 🎙️ In today’s CDR Policy Scoop, I get to ask her all the hard questions. Here are a few things that stood out to me: 1️⃣ ISO feels genuinely complementary to SBTi. By design, it aims to cover all those companies that would not necessarily voluntarily sign-up to a standard. 2️⃣ ISO has credibility and will likely be used for governments, cre

💚 I had the great pleasure of attending the first Carbon Drawdown Symposium in Erlangen, Germany. It gathered the who’s who of ERW: startups, standards, policy, and a lot of academia. It was a fascinating deep dive into the current state of the sector. So what did I take away from it? 1️⃣ We still cannot explain the [sometimes huge] differences in soil vs water measurements, which in turn have a significant impact on the expected amount of carbon removed. 2️⃣ ERW credits to