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Since net zero targets have become a keystone of climate policy, more thought is being given to actively removing carbon dioxide from the atmosphere while continuing to drastically reduce emissions. The ocean plays a major role in regulating the global climate by absorbing a large proportion of...
Persistent link: https://www.econbiz.de/10014225666
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The role of permanent carbon dioxide removal (CDR) from the atmosphere is currently the subject of intensive discussion within the context of developing a new EU emis­sions reduction target for 2040 and a German long-term strategy on negative emissions. At the same time, a short-term strategy...
Persistent link: https://www.econbiz.de/10015372779
Climate policy in the European Union (EU) and Germany changed significantly with the adoption of net-zero emissions targets. A key new development is the growing importance of carbon management. The umbrella term includes not only the capture and storage of CO2 (carbon capture and storage, CCS),...
Persistent link: https://www.econbiz.de/10014283768
Following the conclusion of the 'Fit for 55' package, European Union (EU) climate policy will enter its next phase. One of the most important decisions will be how to set the economy-wide emissions reduction target for 2040, which will form the starting point for the next round of revisions of...
Persistent link: https://www.econbiz.de/10014304123
Under the European Union Emissions Trading System (EU ETS), operators must surrender allowances corresponding to the emissions of greenhouse gases (GHG) from their installations. The supply of allowances in the EU ETS decreases linearly and, all else equal, is expected to end around 2057. An...
Persistent link: https://www.econbiz.de/10012269842
While carbon dioxide removal is indispensable in net-zero climate policy, incentives to deploy removals are limited. Swedish public support to biochar is one exception. This paper draws on the Swedish case to explore expectations put on biochar and the significance of public support for...
Persistent link: https://www.econbiz.de/10015060851
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Net-zero climate policies foresee deployment of atmospheric carbon dioxide removal wit geo-logical, terrestrial, or marine carbon storage. While terrestrial and geological storage would be governed under the framework of national property rights, marine storage implies that carbon is transferred...
Persistent link: https://www.econbiz.de/10013274278