🇬🇧 The UK means business.

😱 Earlier this summer, the UK government sent shockwaves through the CDR-sphere, announcing it would integrate GGR (aka CDR) into the UK Emissions Trading Scheme by 2029, even before the EU.

💷 The UK government recently followed up on that news by releasing a report on how exactly it plans to finance the scale-up of removals (in no less than 500 pages), the so-called GGR Business Models.

🏗️ Unsurprisingly, that means using some of their favourite policy tools like Contracts for Difference (CfDs) and up to 50% of CAPEX support for projects. So far, only for DACCS and BECCS. Womp. But it’s a start.

💰 Now, couple all of that with over £22B committed to CCUS/CDR over 25 years, and you've got a solid foundation to work off of!

🎙️ To spare you hours of reading, CDR Policy Scoop is excited to welcome Laura Hurley, a UK CDR policy expert, to get the low down on how this all fits together and what you can expect.

🤓 Join me and my co-host Eve Tamme as we get better clarity on what this means for CDR in the UK, Europe, and CDR more broadly.

🗓️ Register now for Thursday, 11th of September at 9am PDT 🇺🇸 / noon EDT 🇺🇸 / 6pm CEST 🇪🇺: https://lnkd.in/dA9nhMc

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