What does proposed EU 2040 target mean for climate action?
The European Commission’s unambitious proposed climate target for 2040 risks becoming riddled with loopholes and delaying urgent climate action. This in-depth analysis explains how and why.
The EU’s double counting problem
Motivated by a desire to keep down the cost of achieving its climate targets, the EU has failed to rule out the double counting of emissions reductions under its Carbon Removals Certification Framework. By so doing it is undermining established standards and its own policies.
EU institutions draw battle lines on certifying carbon removals
Today’s vote at the European Parliament paves the way to interinstitutional negotiations on the Carbon Removals Certification Framework. The EU institutions urgently need to hammer out the many imperfections of the CRCF to ensure that carbon removals become an effective climate action tool.
DACCS evasion: How green policies risk enabling fossil fuel giants to pollute and profit
American fossil fuel companies are tapping taxpayer money to invest heavily in energy-guzzling Direct Air Carbon Capture and Storage (DACCS), all to continue pumping out oil. This has serious ramifications for the climate and global efforts to decarbonise.
EU must say no to “carbon farming” and yes to environmental stewardship
Preserving nature, restoring soils and safeguarding biodiversity are urgent and necessary activities. However, branding them as carbon removals is harmful. We need other solutions
EU’s Carbon Removals Certification Framework is certifiably problematic
Alarm bells for the climate were set off last week by a leak of the European Commission’s proposal for a Carbon Removal Certification Framework (CRCF). The draft leaves many important questions unanswered and vital issues unaddressed, and could usher in an era of greenwashed and money-wasting carbon removals.
Plundering the EU’s carbon market to fight the energy crunch is self-defeating
Raiding the reserve that underpins the EU’s Emissions Trading System to reduce the European Union’s dependence on Russian gas is short-sighted and destructive, especially as far better solutions exist. The Market Stability Reserve (MSR) is an important element of the EU Emissions Trading System. It has proven effective in supporting the carbon price, and helped …
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EU member states’ haphazard approach to carbon removals puts climate goals and nature at risk
National governments in the European Union are botching their planning of carbon removals. This lack of strategic thinking and focus on false solutions threatens the climate and biodiversity, a new study reveals.
Carbon removals are no substitute for deep emissions reductions, warns IPCC
Carbon removals will become a vital tool for reducing carbon concentrations in the atmosphere but only massive cuts in emissions will give humanity a fighting chance of keeping global heating to 1.5°C or below, says the UN’s Intergovernmental Panel on Climate Change (IPCC). The latest IPCC report, which was released in April, outlines various pathways …
Read more “Carbon removals are no substitute for deep emissions reductions, warns IPCC”
