Heatmap News just published The EU Rides to DAC’s Rescue.
Heatmap’s AM Briefing leads with a notable policy development for carbon removal: the European Commission has proposed integrating removals into the EU Emissions Trading System, marking the first time the bloc’s carbon market would formally account for them. The outlet frames this against a shifting geopolitical backdrop, with the Trump administration scaling back plans for carbon removal facilities in the US while Canada under Prime Minister Mark Carney courts direct air capture companies seeking a new base. The briefing also covers incoming UK prime minister Andy Burnham upholding a ban on new North Sea oil and gas exploration licenses, Scottish approval for the 2-gigawatt Caledonia offshore wind farm, and ongoing Canadian wildfires.
Our take (Heads-up): ETS inclusion would be the strongest demand signal yet for removals in Europe, but a Commission proposal is only the start of a long legislative process. The briefing does not detail which removal pathways qualify, what permanence standards apply, or how the EU plans to prevent removals from substituting for actual emissions cuts. Those design choices will determine whether this helps or hollows out the market.
-> Read the full piece at Heatmap News
Captain Drawdown is flagging this. The reporting is Heatmap News’s. Go read them directly, not a rewrite from us.
Source: Heatmap CDR