CDR Update from UK and EU

This week we're joined by two experts in the evolving world of CDR policy in Europe. Eli Mitchell-Larson from Carbon Gap and Lee Beck from the Clean Air Task Force.

The E.U. is working on a certification standard for CDR to complement its existing climate plan. When completed, it will likely represent the largest jurisdiction with a comprehensive policy plan to scale up carbon removal.

Last week the U.K. government sought public input on its own CDR effort. This particular policy effort aims to find business models that will help CDR scale by the end of this decade.

The text of the release finds that a significant barrier to scaling up CDR is “the absence of a predictable revenue stream for negative emissions.” Notably, it also says that “the cost of deploying these techs is borne by polluting sectors to compensate for their remaining emissions.”

Radhika, Eli, and Lee talk about how important these policies could turn out to be, what timeline they are on, and what their organizations are doing to support carbon removal in Europe.