CDR library

‼️ 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

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

🇪🇺 Just wrapped up a week of meetings and events across European institutions. Here are my hot takes on the TOP FIVE policy files for CDR: 🏭 ETS: CDR integration is a given at this point, DACCS/BECCS only (initially) as well. The focus is shifting to other questions: within or on top of the cap? International credits Y/N? And - this is a big one - will there be specific quantities/volumes or will the Commission kick the can down the road? 🎯 National CDR targets: We fail

✈️ After the buzz of the CRCF Days, I am heading back to Brussels. 🌐 On June 2nd, I will be joining my colleagues from the The Global South Carbon Dioxide Removal Coalition (GS CDR) for meetings around town to discuss the role of CDR in Europe’s international credits ambitions. 🗳️ On June 3rd, the Negative Emissions Platform (NEP) is hosting its annual general assembly where I am running for another three year term on its board. 💬 On June 4th, NEP is organising its annual

🚀 Yesterday, hundreds of carbon removers gathered in Brussels and online for the launch of the EU Buyers Club. Let’s start with the big, positive news: the Club has launched! 🧨 In typical European understatement, there was no big bang, even some people in the room missed this important detail: there is now an open group of buyers, working together with the European Commission, selecting eligible European projects. The first offtakes are expected this year. The day itself -

👩‍💻 And, no, this is not an April's fools joke. Stripe is actually looking for an EU Market Development Lead to grow long-term demand for CDR in Europe. 😍 Why I got so excited when I saw this? Stripe - a catalytic buyer in its own right - is also the driving force behind Frontier , the world's leading CDR buyers club, which has been playing a central role in the growth of this industry. You'd be at the heart of where the action is currently at. ⭐ I also know almost ever

😍 Finalmente! The Italian CDR ecosystem is mobilising with two exciting events in April: 1️⃣ 14 APRIL IN PADOVA: The launch of the Rete Italiana Rimozione Carbonio (RIRC) , in collaboration with the Negative Emissions Platform . Science, policy, startups, and opportunity - all in one afternoon. After the event, there will also be a traditional aperitivo and dinner. 📍 Scuola della Carità from 15:00–18:00 🔗 Register: https://luma.com/oc2kvtaf 2️⃣ 20 APRIL IN ROME: The lau

📣 No surprises here: I believe the EU holds the key to scaling carbon removal policy. As such, I am thrilled to join the Board of Negative Emissions Platform (NEP), Europe’s most established industry voice for CDR. 🙋🏻 Formally, I took over the Carbonfuture seat a month ago from Leila Toplic and hold it until the next election this June. Then hopefully beyond that. 🌍 I look forward to joining Sacha Corby, PhD , Dirk Paessler , Rafael Broze (Microsoft), Johan Bör

🔥 The last few days have been heated in the CDR policy world: two objections were raised in the European Parliament - one from the far right and one from socialists + greens - requesting the outright rejection of the CRCF methodologies (both did not pass). 👁️ On top of this, some civil society actors - most notably Carbon Market Watch - have been rallying the troops against the CRCF for months. 🤔 It is thus not far-fetched to ask whether the CRCF is fit for purpose? Recent

📑 Today, Carbon Gap is releasing yet another gem: its Spain CDR Readiness Report. 💪 The one line takeaway: no other country in Europe can match the sheer potential of Spain when it comes to CDR, yet the country is far from realising this potential. First, let’s look at why Spain is so well placed: ⚡As fossil fuel prices soar, Spain’s bet is paying off: 55.5% of electricity renewables, with a target of 81% by 2030 building an industry expected to be worth €308b and 560,00

💚 While several EU member states are taking stabs at dismantling the ETS, Spain is coming out in its defense: President Pedro Sánchez explicitly described the EU ETS as the “cornerstone” of EU climate policy and opposes proposals to weaken or suspend the system. 🤷 Why would Spain take such a different stance to Germany, Italy, and many others? ⚡ Already today, Spain is generating 56% of its electricity and 42% of its energy consumption from renewables. As a result, Spain i

Europe’s flagship climate policy - the EU ETS - has come under heavy attack lately. Its cost on carbon is seen as unsustainable and unfair to European industry. ⚠️ As a result, member states are asking for changes, delays, and even suspension. 🤔 But could CDR be a solution here? 📈 First, let’s start with the status quo: the cost of carbon in the ETS is going to increase - by design: estimates put it at around €150/t in 2030, €200/t in 2035, €270/t in 2040 and >€600/t in 205

🪓 Are you following how Italy is trying to break Europe’s most successful climate policy? 🫣 As an Italian myself, this is not easy to write. But it is necessary. 🏭 Here is how: under Article 6 of the just passed €3b “Decreto Bollete”, the Italian government would reimburse gas-fired power plants for the exact costs linked to ETS compliance. 📉 Without touching the ETS itself, Italy's move, if approved or replicated, could become a template that structurally undermines the

💚 The European Emission Trading System (EU ETS) might well be the most effective decarbonisation policy humanity has ever created: it has lowered emissions of industrial facilities in the EU by around 50% in 20 years and saving an estimated 2Gt already! 🇪🇺 And we are just getting started! But the whole premise of the ETS is that the cost of emitting a ton of CO2 will keep increasing, as free allowances and the so-called cap decrease. 💶 The ETS is also currently generating

🤩 Later today, policymakers, researchers, founders, industry leaders, and NGOs are gathering to unpack what it will really take to scale carbon removal in Germany at the launch of Carbon Gap ’s Germany's Carbon Removal Readiness Assessment Report. 🎙️ At the CDR Policy Scoop , we are excited to release our very first country special on Germany to answer the big question: Will Germany turn ambition into deployment fast enough? 🔐 Tune in for a clear look at Germany’s progr

😳 There, I said it. A statement that will lead to a lot of nodding for some, and fury for others… 👀 It is also the takeaway from a fascinating paper just released by Carbon Gap and authored by Sylvain Delerce . 🤓 Quick recap: What is the Like-for-Like (LfL) principle? From the paper: “Like-for-Like neutralisation requires balancing anthropogenic GHG sources with removals by sinks of similar or greater permanence than the carbon pool the emissions originate from and / o

🌍 Literally - through its holistic approach to building CO2 infrastructure we need to get scale CDR and CCS to achieve net-zero. 🏗️ Check out our latest conversation with Sophie Wenger , Senior Policy Advisor at the Swiss Federal Office for the Environment, on CDR Policy Scoop , “How is Switzerland using CO₂ infrastructure to meet its climate targets?” 👀 Catch up to find out about the unsexy but crucial plumbing behind net zero: ▶️ Youtube: https://lnkd.in/dH-GeTKn 🎧