The outlook for CO2 removal

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More clarity needed on CO2 removal in national climate action plans, finds Oxford University report.

The Voluntary Carbon Market (VCM) has played a significant role in building demand for CDR, particularly the more novel techniques.

In addition, CDR could provide a safety net if the climate response to excess carbon in the atmosphere is worse than predicted, he said.“Whether or not we need to use CDR at the scale that we’re talking about will fundamentally come down to policy and technology choices we take,” he said.

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Article Details

Author / Journalist: Catherine Early

Category: EconomyBusiness

Markets: SingaporeAustraliaCanadaIcelandJapanNorway

Topics: International cooperation Carbon footprint Investment Regulation Paris Agreement Research Climate Carbon credits Reporting use and storage Carbon capture Financing Climate risk Global warming

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 06:26:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 1327 words

Reading Time: 8 minutes read

Sentences: 53 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 21456355

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About Eco-Business

Main Topics: EconomyBusiness

Official Website: eco-business.com

Update Frequency: 3 posts per day

Year Established: 2009

Headquarters: Singapore

News Last Updated: 18 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #100

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