CDR Archives - Carbon Market Watch

CO2ol Down campaign knocks on EU policymakers’ door

by Fabiola De Simone2050 climate strategies, Carbon dioxide removals, The EU Green Deal and Climate Law 04/12/202404/12/2024Comments are Disabled

The CO2ol Down coalition took its campaign to the heart of EU policymaking on Thursday to present its ready-to-go plans on the role of carbon removals in the EU climate framework towards 2040 and beyond.

Why do we need a target for permanent carbon removals?

by Fabiola De SimoneCarbon dioxide removals 07/11/202430/01/2025Comments are Disabled

As re-confirmed by leading climate scientists in October, there is no alternative to near-term emission reductions to limit damage to our planet, ecosystems and people. However, there is a need to prepare for an environmentally sustainable removals capacity that can help reach climate equilibrium in the future.

The missing social justice dimension of residual emissions

by Marlène Ramón HernándezCarbon dioxide removals 07/11/202407/11/2024Comments are Disabled

The way residual or unavoidable emissions are currently defined and dealt with misses an important dimension: fairness.

Proposal to revise the EU Climate Law

Not only does the Climate Law not mention the different roles of biogenic sequestration by natural sinks and permanent removals, but it also fails to determine how much or which type of removals should be used to reach the net-zero target by 2050, or how much residual emissions will be allowed at that point.

Policy recommendations for EU instruments on permanent removals

The EU needs a clear and comprehensive strategy that is mindful of the risks, challenges and opportunities of supporting the development and scale-up of a sufficient supply of permanent removals.

Stakeholder coalition draws up climate-friendly blueprint for EU carbon removal policy

by Fabiola De SimoneCarbon dioxide removals 17/10/202417/10/2024Comments are Disabled

Leading figures from academia, civil society and industry have collaborated to create two proposals to clarify key carbon removals principles that should be integrated into the EU Climate Law and relevant climate policies

Climate inaction by proxy

by Marlène Ramón Hernández2050 climate strategies, Carbon dioxide removals, Corporate climate responsibility 23/05/202423/05/2024Comments are Disabled

Our investigation into Occidental Petroleum’s heavy investment, including taxpayers’ money, in untested direct air capture reveals the huge dangers involved in misusing carbon removals as a substitute for genuine climate action.

“Net zero” oil company: Climate action or oxymoron?

Occidental Petroleum (Oxy) has positioned itself as a global leader in direct air capture, carbon capture and utilisation, and enhanced oil recovery. In ambiguous messaging, the oil and gas company depicts these processes as both an effective tool for tackling the climate crisis and as a mechanism for extending business as usual fossil fuel production and consumption for decades to come.