Nat Bullard’s Post

Emerging Trends in Carbon Offset Project Types: New analyses reveal shifting trends in the types of carbon reduction technologies selected in voluntary carbon offset programs, providing insights for policymakers. https://lnkd.in/giuHR7im

It’s now cheaper to save the world than destroy it. Clean-tech/ Climate-tech is no more a category that draws only idealists, we have reached an inflection point that’s hard to ignore. Quoting from ‘Climate Capitalism by Akshat Rathi’ In every sector of the economy - From renewable power to green cement and lab-grown meat to electric airplanes - The race is under the way to find solutions to cutting global emissions. However, Climate-tech is an extremely broad topic and in the beginning it feels very daunting to even think where to begin, let alone how? In an attempt to simplify what is climate tech, I have put together my own classification of all sectors and sub-sectors that would fall under the umbrella of ‘climate-tech’, based on my research. This has helped me structure my further studies and in developing a thinking process for a subject which is as deep and vast as it can get. Read on how to breakdown climate-tech and bring some simplicity to this vast topic. https://lnkd.in/dbSJjJ-j Document also covers the taxonomy put together by David Rusenko. At the end leaving you with this image of Bill Gates on how he is looking at Climate-tech under his venture BEV (Breakthrough energy ventures). #climatetech #cleantech #learnaboutclimate #climate

The 17th Annual Meeting of the Integrated Assessment Consortium (IAMC) was held on 4-6 November 2024 in Seoul, South Korea. One of the parallel sessions of the conference was dedicated to CDR. This session was chaired by one of our UPTAKE’s members, Vassilis Daioglou (PBL Planbureau voor de Leefomgeving), featuring 4 papers from the UPTAKE consortium members and stakeholders (PIK - Potsdam Institute for Climate Impact Research ,RFF-CMCC European Institute on Economics and the Environment (EIEE), National Renewable Energy Laboratory) and 3 other papers dedicated to the modeling of CDR in IAMs. The topics discussed included: ▪️ A rapid evaluation of the social cost of carbon (SCC) using machine learning, providing insights into the cost-effectiveness of carbon capture and storage (CCS). ▪️ An analysis of separate carbon markets for emissions and removals, exploring financial incentives for achieving cumulative net-negative emissions. ▪️ Research on the co-benefits of Direct Air Capture with Carbon Storage (DACCS) for biodiversity and food security, describing its advantages due to lower land use requirements over land-based carbon removal methods. A dynamic assessment of DACCS technologies, highlighting the importance of local climate conditions in optimizing their performance. ▪️ A study on the impact of permanence and efficiency on the climate benefits of various carbon dioxide removal (CDR) technologies, offering a cost-benefit ranking to guide policymakers. ▪️ Investigation of nature-based CDR strategies within the broader context of the green transition, focusing on afforestation and resource reallocation from high-emission to low-emission sectors. ▪️ Low-risk carbon removal pathways, exploring the different risks (for example environmental, for climate protection, or on technological development) under different dimensions (for example, legal feasibility, financial risk, technical feasibility, among others) to understand how to balance economic growth with emissions reductions, particularly through the transfer of resources and land use changes.

🌍 𝗧𝗵𝗲 𝗤𝘂𝗶𝗲𝘁 𝗥𝗶𝘀𝗲 𝗼𝗳 𝗖𝗮𝗿𝗯𝗼𝗻 𝗖𝗮𝗽𝘁𝘂𝗿𝗲 𝗶𝗻 𝗘𝘂𝗿𝗼𝗽𝗲 🌍 I am happy to share my latest article which is a small glimpse into the topics we are actively discussing at emlyon business school! As Europe strives for net-zero emissions, Carbon Capture and Storage (CCS) is emerging as a pivotal technology. CCS involves capturing CO₂ emissions from industrial sources and securely storing them underground, such as in depleted North Sea oil and gas fields. 🤔𝗪𝗵𝘆 𝗖𝗖𝗦 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: Industrial Decarbonization: Certain industries face significant challenges in reducing emissions. CCS offers a viable pathway to mitigate their carbon footprint. Scientific Consensus: The Intergovernmental Panel on Climate Change (IPCC) identifies CCS as essential for achieving global climate targets. 💪𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗮𝗻𝗱 𝗖𝗿𝗶𝘁𝗶𝗰𝗶𝘀𝗺𝘀: Technological Maturity: With only 37 facilities worldwide as of 2023, CCS technology is still developing. Resource Allocation: Some critics argue that investments in CCS might divert funds from more direct emission-reduction strategies, like electrification. 🇪🇺𝗥𝗲𝗰𝗲𝗻𝘁 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀: The European Union is shifting its stance on CCS. The European Commission is working to integrate carbon capture into the EU carbon market, recognizing its potential in the energy transition. 🔭𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝗔𝗵𝗲𝗮𝗱: While CCS is not a standalone solution, it complements renewable energy and efficiency measures. As Europe advances towards its climate goals, CCS is set to play an increasingly significant role in reducing industrial emissions. For a comprehensive analysis, read the full article on Earth.Org. https://lnkd.in/eznDJEbr #CCS #Sustainability #Industry Martina Igini, Peter Wirtz, Xavier Blot, Valérie Jobard, Nicolas Goldberg, Guillaume Coqueret, Nicolas Péjout, PhD, Alessandro Blasi

Cetee - Morning Recap: Key Developments Shaping the Global Carbon Offset Landscape - 2024/12/21 1. **Japan Excludes Overseas VCM Credits from Compliance ETS** Japan has announced that it will no longer accept overseas Verified Carbon Market (VCM) credits for compliance within its Emissions Trading System (ETS). This decision underscores Japan's commitment to strengthening its domestic carbon market and ensuring that emission reductions are achieved through local initiatives. The move is expected to influence global carbon trading dynamics and may encourage other nations to prioritize their own carbon offset projects, potentially impacting the European Union's carbon market strategies. 2. **Brazilian ARR Developer Re.green Achieves High Rating from BeZero** Re.green, a leading Arrhythmia Removal Rate (ARR) developer in Brazil, has received a high rating from BeZero, a reputable environmental rating agency. This accolade highlights Re.green's effectiveness in delivering robust carbon offset projects and reinforces Brazil's role in the global carbon offset market. The recognition not only enhances Re.green's credibility but also attracts greater international investment, which could facilitate collaborative projects and innovations within the European Union's carbon reduction efforts. 3. **UK Universities Introduce Hydrochar Technology Promising £100/tCO2 Capture** A consortium of UK universities has unveiled a groundbreaking hydrochar technology that promises carbon capture at an estimated cost of £100 per tonne of CO2. This innovation represents a significant advancement in carbon dioxide removal (CDR) technologies and aligns with the European Union's ambitious climate goals. By offering a more cost-effective solution for carbon capture, hydrochar could play a pivotal role in achieving the EU's net-zero targets, fostering sustainable development, and enhancing the continent's leadership in climate technology. Ron Rinot Cetee - Carbon Offsets

A new cop for carbon offsets --Carbon Removal Standards Initiative Carbon Removal Standards Initiative (CRSI), launched on August 6th, is an independent nonprofit with a mission to develop robust standards for carbon removal. Led by Anu Khan, CRSI is positioning itself as a technical authority. As a "financially unconflicted" organization, it plans to guide policymakers, regulators, and NGOs on quantifying the real-world impact of carbon removal efforts. With governments and companies increasingly investing in carbon capture, clear and credible metrics are essential. CRSI aims to establish standardized frameworks to ensure these emerging solutions genuinely remove and store CO2. This new initiative could play a pivotal role in translating ambitious climate pledges into tangible, verifiable progress. Stay informed: https://lnkd.in/e8AWHzVy #EnergyNews #CarbonOffsets #CRSI #CarbonMarket #EnergyToday

In the industry sector, recent events have indicated a competitive and, at times, combative, race for the sector that is critical to countries' national interests, high-emitting, and trade-sensitive. ⚠️ Without conscious efforts to explore potential areas of alignment, we run the risk of falling into a global ‘race to the bottom’ and missing the opportunity for accelerated industrial decarbonisation. ⏫ In contrast, a system designed to prioritise the successful delivery of global industrial decarbonisation could bolster a race to the top with an international perspective: developing markets in the locations with the most relevant capabilities and conditions, and leveraging efficiencies and collaboration. 👉🏼 New report by Reform Institute and Climate Strategies explores how to enhance US-EU collaboration on industrial decarbonisation for hard-to-abate sectors. 🇺🇸 🇪🇺 This research follows a dynamic policy mix approach, supported by input from stakeholders and experts to: ✅ reveal key differences in how the EU and US scale clean solutions and phase out emissions-intensive processes; ☑️ assess technology-specific policies, covering crucial solutions for industrial decarbonisation: circular economy practices, clean hydrogen and derivatives, CCS and CCU, electrification, and bioenergy;  ✅ extract best practices and lessons learned in order to provide recommendations for a globally inter-operable clean energy transition in industry. The project report has been possible through the funding and support of the Environmental Defense Fund. Read more in the report or summary for policymakers on our website 📄🔗 https://lnkd.in/dc6eC_gV

Cetee - Morning Recap: "Key Advances and Trends in the Carbon Offset Industry" - 2025/01/03 1. **Swedish Blueprint Enhances CO₂ Deal Efficacy** Sweden is setting a leading example in the carbon offset landscape with its latest blueprint for CO₂ deals. This strategic framework aims to streamline the creation and implementation of carbon offset projects, ensuring they deliver meaningful environmental benefits. By aligning with international standards and fostering transparent collaborations, Sweden’s approach is poised to significantly advance global emission reduction efforts. This initiative not only strengthens Sweden's commitment to sustainability but also provides a scalable model for other nations to emulate in their carbon management strategies. 2. **Major European Companies Accelerate Offset Utilization in 2024** In 2024, leading corporations such as ENI, Engie, and Microsoft are projected to significantly increase their use of carbon offsets. This surge underscores the growing commitment among European businesses to achieve their sustainability goals and comply with stringent EU emissions regulations. By investing in verified offset projects, these companies are not only mitigating their carbon footprints but also driving innovation in the green economy. This trend highlights the pivotal role of corporate responsibility in advancing the European Union’s ambitious climate targets. 3. **Gold Standard Credits Near Par with Verra in 2024 Issuances** The issuance of Gold Standard carbon credits in 2024 is expected to rise, nearly matching the volume of Verra credits. This shift reflects a broader industry trend towards adopting high-integrity standards for carbon offset projects. Gold Standard’s emphasis on rigorous validation and additional social and environmental benefits is attracting more project developers and investors. As the market for carbon credits expands, the increased availability of Gold Standard credits enhances the credibility and effectiveness of offset initiatives, supporting the EU’s robust carbon market framework. Ron Rinot Cetee - Carbon Offsets

Our new report launched today at #ClimateWeekNYC outlines how clean technology mandates can slash prices and carbon emissions to spark a cascade of positive #tippingpoints. Read the report here: https://lnkd.in/ens5tceH

Putting Science Back in Science-Based Targets: A Necessary Evolution for Carbon Markets The study “Science-based targets miss the mark” (https://lnkd.in/d9DH74Hn) provides an examination of the current Science-Based Target Initiative (SBTi). Among the key issues highlighted in the study, Unequal Effort-Sharing stands out as the most fundamental concern. High-emission entities often reduce emissions at a slower rate, benefiting these companies and countries (primarily developed nations) while imposing heavier burdens on those with less capacity or resources. This disparity arises because companies reduce emissions relative to the global or regional average rate. Since this average rate is typically high, it becomes easier for companies or developed countries to meet their targets, as the required reductions are less demanding and not proportional to their actual potential or capacity to reduce emissions. The study emphasizes the need to prioritize emissions reduction and the protection of carbon pools over enhancing carbon dioxide removals. However, it also stresses the importance of building capacity for sustained net negative CO2 emissions in the longer term.