Carbon Removal Newsroom EU Carbon Price Hits All-Time High & New CO2 Legislation in Alaska
The Emission Trading Systems is the cap-and-trade carbon market that Europe has been using since 2005 to decarbonize its economy. Companies have to pay to pollute, and this week that price hit an all-time high as it traded for over 100 euros/ton. In the first segment of today’s show Na’im Merchant and Asa Kamer discuss the significance of that milestone, what it might mean for the CDR industry, and news that Lanzatech became the first carbon capture company ever to go public.
On the other side of the planet a different government made steps towards capitalizing on the money flowing towards carbon markets. Earlier this month, Alaska’s GOP Governor proposed a package of bills that would expand the state’s ability to store carbon via both forestry projects and underground storage of CO2 if passed. Will these ambitions contribute to actually increasing carbon sequestration?
On the second segment of today’s show we explored this topic with one of the people behind Alaska’s push toward carbon management: the state Department of Natural Resource’s Deputy Commissioner John Crowther.
Radhika is out this week, this episode is hosted by CRN producer Asa Kamer.
On This Episode
Resources
CCUS Investment Hits All-Time High
Alaska Governor’s Proposed Legislation
Connect with Nori
Nori’s other podcast Reversing Climate Change
Nori’s CDR meme twitter account