🤔 Where will demand for carbon dioxide removal (hashtag#CDR) come from in the next 3-5 years? 🤔

✅ Over 300 people answered my poll on this question last week. The results were pretty clear, yet worth talking about.

📜 The majority of you (46%) believe that compliance regulation, e.g. emission trading systems (hashtag#ETS), will be the main demand driver. While I fully agree with this for the long-term (think >6 years), I struggle to see this in the short to medium-term (<5 years).

💬 With very few small exceptions, I am not aware of any compliance regulation that would really be able to kick in in this time frame (maybe Green Claims Directive?). But I might be missing something, so please do weigh in and share what you see on the horizon.

🤷‍♂️ To me, this is a misalignment of expectations and reality I see frequently in CDR. Many expect compliance to save the day, yet compliance is quite far out.

⁉ What is your take? Should we / can we accelerate compliance regulation? Is CDR even ready for it? Or should we double down on more realistic demand drivers like the voluntary carbon market (hashtag#VCM) or government public procurement?

Follow the conversation