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How Europe Can Use Emissions Trading to Also Manage Carbon Removals - EnviroNews - Latest Environment News, Climate Change, Renewable Energy
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How Europe can use emissions trading to also manage carbon removals - EnviroNews - latest environment news, climate change, renewable energy
The emissions trading system launched by the European Union in 2005 could one day also be used to capture CO₂ on a large scale. A new model study quantifies the potential, and outlines that phased integration of removals into the trading system can avoid misguided incentives, while providing industry with planning security for residual emissions that are hard-to-abate. The study, led by the Potsdam Institute for Climate Impact Research (PIK) and…
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