The Carbon Credits Conundrum: why governments need to regulate carbon removal and voluntary markets

This briefing lays out the current political context of CDR, particularly related to its inclusion in voluntary carbon markets and the upcoming Carbon Removal Certification Mechanism. It also points to the potential risks of introducing removal credits into voluntary markets and treating them all as interchangeable. Finally, the briefing outlines ‘no-regret’ steps that can be taken to ensure the sound governance of CDR in the EU.

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shirmp tumors 2 A white shrimp with apparent tumor-like growths, pulled out of the sort last week at Dean Blanchard Seafoo. (Photo: Courtesy of Dean Blanchard)

shrimp wiht oil stains

shrimp wiht oil visible in innards A white shrimp with oil apparently visible in its innards. (Photo: Courtesy of Dean Blanchard)

semis Two semis on day three of fishing season waiting at Dean Blanchard Seafood. According to Ryan Penick, a day like this would usually see 20 such waiting trucks. (Photo: Charles Digges/Bellona)