Share

The CDR Policy Scoop
How will the EU fund CDR?
Season 1, Ep. 7
•
On January 28th, the European Commission hosted a long-awaited workshop on public funding for permanent CDR. Expectations were high - maybe too high?
What came out of it and what is lined up for funding of CDR in Europe? Both Eve (in person) and Sebastian (remote) attended, and are bringing you all the insights you need to know.
Tune in to find out more
Links:
- Eve Tamme: LinkedIn and Website
- Sebastian Manhart: LinkedIn and Website
- Sebastian’s critique on the report presented during the workshop.
- Official EU page for CDR funding (workshop recording should be uploaded here soon)
- Carbon Gap event on February 18th on CDR Funding in Europe
More episodes
View all episodes
21. A European CDR Purchasing Programme
26:58||Season 1, Ep. 21A European CDR Purchasing Programme for Permanent Carbon Removal?Sounds too good to be true? Well, it may become a reality soon.On May 21st, the European Commission held a dedicated workshop on “A Purchasing Programme for CRCF Permanent Carbon Removal Credits”.As stated in its own excellent pre-read, Europe will need to fund CDR with up to €6 billion by 2030 to achieve its indicative target of 5 Mt/year.But where should this money come from? How should a purchasing programme be designed? And should it fund specific CDR technologies or take a broad portfolio approach?These are just some of the many fascinating questions that were tackled in the workshop. Tune in for this CDR Policy Scoop, where Eve Tamme and Sebastian Manhart will analyse everything that happened and discuss the most important takeaways for you.Links:Eve Tamme: LinkedIn and WebsiteSebastian Manhart: LinkedIn and WebsiteThe workshop pre-read by Ecologic InstituteWorkshop presentation and recordingBlog by Robert Höglund and Aidan Preston20. Public Subsidies + Carbon Credits: The winning combo? - with Erik Rylander
25:40||Season 1, Ep. 20Many projects want to blend public funding with revenue from voluntary carbon markets as carbon removal scales up.Meanwhile, governments have different approaches to it. And sceptics keep questioning whether it makes sense in the first place - what about additionality, corresponding adjustments, and real climate impact?We’re excited to welcome Erik Rylander, the Head of CDR at Stockholm Exergi, to share his immense experience in innovative funding for their successful BECCS project. We will dig into the real-world lessons from Stockholm Exergi’s journey and explore what policymakers and project developers need to know to make this approach work.Erik joins CDR Policy Scoop co-hosts Eve Tamme and Sebastian Manhart for an insightful and frank conversation on this controversial topic.Links:Eve Tamme: LinkedIn and WebsiteSebastian Manhart: LinkedIn and WebsiteErik Rylander: LinkedInBeccs StockholmCDR Accounting: Transparently structuring corporate claims to reconcile with national goalsWhen do sales of carbon removal credits benefit climate?Financing Engineered Carbon Removal — Combining Public Funding with Voluntary Carbon Markets19. Can we bank on Canada’s new PM to deliver carbon promises? - with Na'im Merchant
27:04||Season 1, Ep. 19Against all odds, the Liberal Party just won the Canadian general elections. Mark Carney’s party explicitly campaigned to turn Canada into a global leader in carbon dioxide removal.Canada plans to do so by - among other things - extending its investment tax credit to 2035, supporting a broad range of CDR tech, and introducing dedicated CDR targets for 2035 and 2040.This all sounds incredibly promising. But will Canada be able to realise this ambition?No better person to answer this question than Na'im Merchant, Executive Director of Carbon Removal Canada, an organisation that has been instrumental in raising the profile of CDR in Canada over the last two years.Na’im joins co-hosts Sebastian Manhart and Eve Tamme for a fast-paced, 30-minute session that gets right to the heart of the debate.Links:Eve Tamme: LinkedIn and WebsiteSebastian Manhart: LinkedIn and WebsiteNa’im Merchant: LinkedInCanada: a safe haven for carbon removal innovation in an uncertain worldCarbon Removal CanadaCarbon CurveFrom ministers to mandate letters — Prime Minister Mark Carney’s first 100 days in office matters to carbon removal18. EU ETS: Is this the most important consultation of the year?
27:43||Season 1, Ep. 18It's out: the European Commission published a consultation to gather feedback on what the world's largest emission trading system - the EU ETS - should look like after 2031.For carbon removals, integration into the EU ETS represents one of the most promising paths to predictable demand at scale. Whether and how that will happen is still up for debate.A unique opportunity to get involved with such a crucial legislative process from the get-go.Join Eve Tamme and Sebastian Manhart for a punchy 30-min discussion that dives into the consultation, its implications, and what a potential call to action for the CDR industry could look like.Links:Eve Tamme: LinkedIn and WebsiteSebastian Manhart: LinkedIn and WebsiteEU ETS consultation17. CO₂: Waste or commodity? - with Rachael Moore
27:00||Season 1, Ep. 17Are we scrubbing the smokestacks and skies of a waste gas, or creating a valuable resource for a net-zero world?As carbon management technologies like CCS, CCU, DACCS, and BECCS advance, policymakers and markets are narrowing down on CO₂’s role.In this CDR Policy Scoop, we dive into:What happens if we treat CO₂ only as waste?What is the real potential for CO₂ to be commoditized?How does this debate shape business models, public acceptance, and climate impact?We’re thrilled to welcome seasoned carbon management expert Rachael Moore from CarbStrat as a guest with unparalleled insights on the topic.This session is a must for anyone interested in the future of carbon markets, policy innovation, and scaling high-quality carbon removal. There’s a lot to explore!Join co-hosts Sebastian Manhart and Eve Tamme for a fast-paced, 30-minute session that gets right to the heart of the debate.Links:Eve Tamme: LinkedIn and WebsiteSebastian Manhart: LinkedIn and WebsiteRachael Moore: LinkedIn CarbStrat websiteThe future of CO2 in Europe: commodity or waste?16. CBAM: The carbon removal catalyst? - with Dan Maleski
27:50||Season 1, Ep. 16How can the EU's Carbon Border Adjustment Mechanism help scale carbon dioxide removal?Designed to put a price on imported carbon and prevent leakage, but could it also act as a catalyst for scaling CDR?This CDR Scoop cuts through the noise to explore this critical link. We're digging deep to uncover the potential synergies and challenges.To ensure we cover all angles, we're thrilled to welcome leading CBAM expert Dan Maleski from Redshaw Advisors. Get ready for unparalleled insights from someone truly in the know!Join co-hosts Sebastian Manhart and Eve Tamme for another insightful and punchy 30-minute session. Let's unpack this complex topic together.Links:Eve Tamme: LinkedIn and WebsiteSebastian Manhart: LinkedIn and WebsiteDan Maleski: LinkedInOEIS Podcast on CBAM with DanCRA 3-pager on CBAM and CDR in the U.S.BCG study with a great section on CBAMs15. SHOWDOWN: Biochar vs Direct Air Capture - with Martin Freimüller
26:08||Season 1, Ep. 15A fun, interactive, first-of-a-kind live debate with over 1000 attendees signed up.We picked two real heavyweights: DAC, the poster-child of CDR, with over 200 DAC companies founded to date. On the other hand, biochar, responsible for a whopping 84% of all durable CDR deliveries to date.In the DAC corner: Martin Freimüller is the Co-Founder and CEO of Octavia Carbon – the first DAC company in the Global South and fifth largest in the world. He moved his life to Kenya in 2021, upon realising it's the world's best place for DAC.In the Biochar corner: Sebastian Manhart is Senior Policy Advisor at Carbonfuture and a Board Member of the International Biochar Initiative. Few post as much about biochar as Sebastian. Moderated by the CDR Policy Scoop co-host Eve Tamme to keep it punchy (not literally), informative, and entertaining. Disclaimer: The primary objective of this debate is to inform & entertain, not to create division. It takes ALL CDR methods to reach the gigaton scale.Links:Eve Tamme: LinkedIn and WebsiteSebastian Manhart: LinkedIn and WebsiteMartin Freimüller: LinkedIn and Octavia Carbon website14. Rethinking Net-Zero: Do international credits help or harm?
24:19||Season 1, Ep. 14On March 31st, EU Climate Commissioner Wopke Hoekstra floated various ideas for how Europe’s expected 90% emission reduction target for 2040 could be achieved.One of them: letting EU countries purchase United Nations Article 6 credits to meet EU's 2040 climate target. Similar suggestions are currently being proposed by the upcoming German government.This would require undoing a core principle of Europe’s Climate Law: only European reductions and removals shall count towards climate neutrality.The backlash has been significant, especially in civil society and environmental groups.But could this - with some modifications - actually provide a smart path for Europe?Links:Eve Tamme: LinkedIn and WebsiteSebastian Manhart: LinkedIn and WebsitePolitico article on Commissioner Hoekstra’s comments13. SBTi: Step forward or missed opportunity for CDR? - with Robert Höglund
27:43||Season 1, Ep. 138,000 companies have emission reduction targets validated by the Science Based Targets initiative. Only around 50 of them have so far purchased durable carbon removal.Imagine if all of them purchased CDR? The impact could be >50Mt of demand. Per year. Starting from 2030.On March 18th, the SBTi released the draft net-zero standard 2.0 which marks a potential inflection point. Will it:Drive companies to begin CDR purchases immediately?Keep CDR voluntary until the 2040s?Inadvertently push companies away from SBTi due to concerns about mandatory CDR costs?To make sense of this wide spectrum of possibilities, the CDR Policy Scoop is delighted to have Robert Höglund back on the show. He has been a member of the external SBTi Technical Advisory Group and understands the process and its implications for CDR like no other.Links:Eve Tamme: LinkedIn and WebsiteSebastian Manhart: LinkedIn and WebsiteRobert Höglund: LinkedIn, Website, and SBTi draft CNZS AnalysisSBTi’s draft Corporate Net Zero Standard ConsultationCarbon Direct Analysis on draft SBTi CNZSLukas May analysis on potential CDR demand of draft SBTi’s CNZS