60 Mt CO₂ removals by 2050 if CDR joins EU carbon market
A new study from the Potsdam Institute for Climate Impact Research (PIK) finds that folding CDR into the EU Emissions Trading System could deliver roughly 60 million tonnes of CO₂ removals per year by 2050. The researchers propose a phased approach, with full integration of removal credits and residual emissions under a single carbon price arriving around 2040. If the design holds, Europe’s carbon market would shift from merely capping pollution to actively pulling carbon out of the atmosphere. ...