The Carbon Removal Scoop
PodcastRegierungGeowissenschaftenEnglisch

The Carbon Removal Scoop

von Eve Tamme and Sebastian Manhart

Neu106 | SHOWDOWN: Europe’s CDR Strategy: BioCCS vs Tech Neutral - with Kaja Voss and Alastair Collier21.10.2026 · 27 Min.
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107
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21. Okt. 2026
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Über den Podcast

Get the Scoop on the latest carbon removal developments across policy, markets, and tech with Eve Tamme and Sebastian Manhart.

Punchy, unfiltered, to the point discussions on all the hottest developments in the sector.

Listen in to go several levels deeper and beyond the analysis that you won't find anywhere else. Enjoy.

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  1. 106 | SHOWDOWN: Europe’s CDR Strategy: BioCCS vs Tech Neutral - with Kaja Voss and Alastair Collier

    27 Min.Staffel 1 · Folge 106

    In this episode of The Carbon Removal Scoop, Eve Tamme moderates our fifth SHOWDOWN debate, live on stage at Carbon Unbound Europe in London. The motion takes on one of the hottest fault lines in European …

    Shownotes

    In this episode of The Carbon Removal Scoop, Eve Tamme moderates our fifth SHOWDOWN debate, live on stage at Carbon Unbound Europe in London. The motion takes on one of the hottest fault lines in European carbon removal policy: should Europe’s CDR strategy put BioCCS (biogenic carbon capture and storage) first?


    In the BioCCS corner, Kaja Voss, CEO and Founder of Inherit: an economist and believer in markets. Three-quarters of durable offtakes to date are already BioCCS, it sits lowest on the cost curve among high-durability solutions, and the pipelines and terminals it builds will serve other pathways later. Europe should pick that winner “on purpose rather than by accident.”


    In the tech neutrality corner, Alastair Collier, Chief R&D Officer at A Healthier Earth: “When you concentrate the technology, you concentrate the politics.” Pointing to Australia’s repeal of its carbon price, he warns that concentrating storage in a handful of member states and paying oil and gas companies to run it creates an easy target for climate sceptics.


    From Northern Lights and storage as a public utility to the CRCF (the EU’s Carbon Removals and Carbon Farming certification framework) and a closing call to look to China, the room had plenty to weigh before casting its vote. Listen to the end to find out who won.


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  2. 105 | What Next for the ISO Net Zero Standard - with Delia Meth-Cohn

    29 Min.Staffel 1 · Folge 105

    In this episode of The Carbon Removal Scoop, Eve Tamme sits down with Delia Meth-Cohn, Co-founder of Rethinking Removals, to make sense of what happened to ISO 14060, the draft net zero standard for …

    Shownotes

    In this episode of The Carbon Removal Scoop, Eve Tamme sits down with Delia Meth-Cohn, Co-founder of Rethinking Removals, to make sense of what happened to ISO 14060, the draft net zero standard for organisations. When Delia joined Sebastian in June, the draft had just opened for consultation. Since then it has drawn around 5,000 comments and failed its first ballot, a rare result at this stage of an ISO process.


    Delia explains why this vote was different. Participation was capped at four experts per country because of the level of interest, few national standards bodies abstained, and the draft fell well short of ISO's thresholds of two-thirds approval with no more than a quarter of votes against. She walks through what comes next, a second draft and two more votes, and why publication now looks closer to 2028 than mid-2027.


    Eve and Delia dig into why the draft felt rushed, why an ISO standard carries quasi-regulatory weight that SBTi does not, and how the ground is shifting underneath it, with ISO and the GHG Protocol rewriting the foundations of carbon accounting. Delia's challenge for the next round is to treat the comments as themes rather than wording, and to find the balance between flexibility and credibility without watering the standard down.


    The conversation closes on removals. Speaking personally, Delia sets out how the next draft might handle anticipated residual emissions and the gap between cheap credits and expensive removals, and has a pointed message for a removals community she suggests needs to rethink its approach.


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  3. 104 | From Equity to Debt: How CDR Gets Bankable - with Julia Reichelstein and Tyler Manchester

    28 Min.Staffel 1 · Folge 104

    In this episode of The Carbon Removal Scoop, Sebastian Manhart sits down with Julia Reichelstein, co-founder and CEO of Vaulted Deep, and Tyler Manchester, Head of Voluntary Carbon at CFP Energy, to get the …

    Shownotes

    In this episode of The Carbon Removal Scoop, Sebastian Manhart sits down with Julia Reichelstein, co-founder and CEO of Vaulted Deep, and Tyler Manchester, Head of Voluntary Carbon at CFP Energy, to get the inside story of Vaulted's $35 million debt facility from Mediobanca. Julia explains why Vaulted grew on equity for its first two sites and why, with a delivery track record and a pipeline of new sites, it has now reached what she calls the "just add water" stage where debt is the right capital.


    Tyler explains why this is CFP Energy's first debt transaction in carbon removal after two decades in carbon markets, and what it took to get comfortable: a developer with a proven record, high-credit offtakers removing market risk, and an insurer covering the residual project risk that institutional lenders expect. He is open about who else can get through the door, including the rough minimum loan size CFP will consider, and why he thinks the market's chicken-and-egg problem is finally starting to crack.


    Julia makes the case that bankability starts long before anyone talks to a bank. She describes how the fine print of an offtake contract, the page she once skipped past, became the page lenders scrutinised most, and recounts the working capital fight that pushed registries and buyers towards monthly crediting. Both credit Frontier for brokering the introduction and publishing offtake templates others can reuse.


    They close on policy. Every debt deal discussed in the episode closed outside Europe, and Tyler sets out what would change that: projectable revenue, ideally fixed forward prices or a liquid forward market. Sebastian lays down a challenge for the first European deal, and Tyler accepts it.


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  4. 103 | Levelling up CDR Advocacy: Carbon Gap's Policy Levers Library - with Alexander Mäkelä

    27 Min.Staffel 1 · Folge 103

    In this episode of The Carbon Removal Scoop, Eve Tamme and Sebastian Manhart sit down with Alexander Mäkelä, Chief Policy Officer at Carbon Gap, to dig into the Policy Levers Library: a new living database of …

    Shownotes

    In this episode of The Carbon Removal Scoop, Eve Tamme and Sebastian Manhart sit down with Alexander Mäkelä, Chief Policy Officer at Carbon Gap, to dig into the Policy Levers Library: a new living database of 165 policy levers across six policy families, unveiled at Carbon Gap's Carbon Removal Policy Summit in Brussels. Alex's starting point is blunt. The sector keeps reaching for the same few tools, contracts for difference, direct procurement, the EU ETS, and that may be a failure of imagination.


    Asked which lever Europe is leaving untouched, Alex lands on finance. Demand certainty dominates the conversation, but without bankability and capital ready to deploy, he argues, projects simply won't materialise. He makes the case for CDR debt that is as boring as renewables debt, and points to Stockholm Exergi's crowded capital stack as a sign of just how much it currently takes to get a BECCS project over the line.


    Eve and Sebastian also put the library itself under the microscope: why there is no impact score among its eleven criteria, how the team scored every lever using case studies from Europe, North America and the Global South, and where a policymaker handed the link should actually start. The hosts push for something the tool doesn't do yet, connecting policymakers with those who have already solved the same problem somewhere else.


    The conversation closes on advocacy, and why Alex thinks the sector is too reactive and too focused on Brussels when thousands of German municipalities alone have no plan for removals. Tune in to hear why Carbon Gap actively wants people to steal its work.


    LINKS:

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  5. 102 | Inside the UK’s Answer to the GGR Review - with James Screen

    26 Min.Staffel 1 · Folge 102

    In this episode of The Carbon Removal Scoop, Eve Tamme and Sebastian Manhart sit down with James Screen, who until recently led the team designing carbon removal policy at the UK's Department for Energy …

    Shownotes

    In this episode of The Carbon Removal Scoop, Eve Tamme and Sebastian Manhart sit down with James Screen, who until recently led the team designing carbon removal policy at the UK's Department for Energy Security and Net Zero. A year after the Scoop covered Alan Whitehead's independent review of greenhouse gas removals, James explains what the government's response actually is: not a grand strategy, but a staging post that sets out the UK's direction of travel and leaves the hardest questions for the Carbon Budget 7 delivery plan.


    James is candid in sharing his personal views about where the response parts ways with the review. He explains why there is little political appetite to reopen what net zero means by adopting geological net zero, the outlook on woodland in the UK ETS, and reads the new "as soon as practicable" timeline for removals in the UK ETS against the backdrop of possible UK and EU ETS linking.


    The conversation then turns to the GGR business models. James walks through how carbon contracts for difference sit on top of the network support model in clusters like Liverpool Bay, why he thinks the model can work for both voluntary and ETS sales, and why taxpayer subsidy cannot be the enduring answer. Sebastian and Eve also find themselves on opposite sides of whether the UK and Europe are making too narrow a bet on BioCCS and DAC.


    They close on the reshuffle that followed the response, with James explaining why he sees continuity rather than radical change, and why the story of solar and offshore wind gives him real cause for optimism.


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  6. 101 | Quarterly catch up: ETS Review, Buyers Coalition, and current VCM Dynamics

    28 Min.Staffel 1 · Folge 101

    In this quarterly catch up, Eve Tamme and Sebastian Manhart swap the guest chair for each other and look back at three busy months in carbon removal policy, with a few disagreements along the way.They start …

    Shownotes

    In this quarterly catch up, Eve Tamme and Sebastian Manhart swap the guest chair for each other and look back at three busy months in carbon removal policy, with a few disagreements along the way.


    They start with the EU ETS review and the joint statement from Europe's five CDR associations, which Sebastian helped coordinate. He shares some of the background scoop on where the associations lined up and where they didn't, from biochar and the link to the Carbon Removal Certification Framework to whether international credits belong in the ETS at all. Eve draws on her experience of the last time international credits entered the system, and Sebastian previews his first academic paper on what a credible international credit portfolio might actually cost.


    Then comes the bigger question: is Europe putting all its eggs in the BioCCS basket, or is it six baskets? Sebastian worries that newer and potentially cheaper approaches are being left behind, while Eve makes the case for backing the projects that can deliver at scale now, and pushes back on the idea that all of Europe's CO2 is heading to the North Sea.


    They close with a reality check on the EU buyers coalition, where the usual optimist and sceptic swap roles, slow progress on durable removals under Article 6.4, and why the headlines out of New York Climate Week may not tell the whole story for carbon removal finance.


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  7. 100 | The Minister Betting Big on Biochar - with Minister Chi-ming Peng

    30 Min.Staffel 1 · Folge 100

    In this episode of The Carbon Removal Scoop, Eve Tamme and Sebastian Manhart sit down with Chi-ming Peng, Taiwan's Minister of Environment, shortly after he set a target that put Taiwan on the carbon removal …

    Shownotes

    In this episode of The Carbon Removal Scoop, Eve Tamme and Sebastian Manhart sit down with Chi-ming Peng, Taiwan's Minister of Environment, shortly after he set a target that put Taiwan on the carbon removal map: one million tons of biochar carbon removal by 2030. A meteorologist and entrepreneur before he entered government, Minister Peng explains where the target came from, starting with a simple question to his team about who was responsible for biochar, and the discovery that nobody had yet submitted a carbon credit methodology for it.


    The pressure behind the target is hard to miss. Taiwan sits at the centre of the global AI supply chain, and its semiconductor giants will need carbon credits at a scale that expensive engineered removals cannot yet supply. With a carbon fee already in place and an emissions trading system on the way, Minister Peng makes the case that biochar is the pathway Taiwan can move on now, and explains why he is looking so closely at Europe's CRCF, the Buyers' Club and the EU ETS.


    Eve and Sebastian press him on the hard parts. Where will the feedstock come from, given five million tons of agricultural waste a year that mostly heads to incinerators? Why is importing more such a tough sell, with public resistance and the Basel Convention in the way? And how does a country that cannot attend COP as a party still plan to trade carbon credits under Article 6.2, with Paraguay first in line?


    They close on the next six to twelve months: the machines, the money, and the methodology still to be locked down before Taiwan's number can move from ambition to actual credits. Whether biochar becomes part of Taiwan's answer to a semiconductor industry's carbon problem, or another target that outruns the paperwork, is the question worth watching from here.


    LINKS

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  8. 99 | MEP Emma Wiesner: Let EU ETS Operators buy CDR Directly

    30 Min.Staffel 1 · Folge 99

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart sit down with Emma Wiesner, Renew Europe's shadow rapporteur on the EU ETS review, as she finalises her amendments to the Commission's …

    Shownotes

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart sit down with Emma Wiesner, Renew Europe's shadow rapporteur on the EU ETS review, as she finalises her amendments to the Commission's proposal to bring carbon removals into the EU Emissions Trading System. Emma is an energy systems engineer who sits on the European Parliament's ENVI and ITRE committees and substitutes in AGRI committee. She pushed for a market for negative emissions in the last ETS revision, and says seeing it finally proposed gave her goosebumps.


    Her biggest ask is that the Commission should not be the only buyer. Emma wants ETS installations to be able to buy removals directly instead of allowances, with those purchases counted within the overall 250 megaton cap, creating a business to business market she argues would be far more dynamic than waiting on a central purchasing facility. Eve and Sebastian test the idea against Peter Liese's scepticism, the cost gap between removals and EU allowances, and whether every installation should get the same access.


    On quality, Emma is firm: the CRCF separated permanent from temporary removals for a reason, and the ETS should build on it. Biochar is not ready today, she says, though the door should stay open. On international credits she is openly reluctant, pointing to Sweden's e-scooters in Ghana as a cautionary tale and making a moral case for Europe doing its homework at home.


    The conversation closes on what should happen to unused CDR allowances, when purchasing should start, and the childhood landfill visit that sparked Emma's passion for combined heat and power and BECCS.


    LINKS

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  9. 98 | Live From Brussels: The Carbon Removal Policy Summit - with Rodica Avornic

    29 Min.Staffel 1 · Folge 98

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart record live from Brussels across two days at Carbon Gap's first Carbon Removal Policy Summit, sitting down partway through with Rodica …

    Shownotes

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart record live from Brussels across two days at Carbon Gap's first Carbon Removal Policy Summit, sitting down partway through with Rodica Avornic, Policy Director at Carbon Gap and one of the summit's organisers.


    Eve and Sebastian open by previewing a programme built around four levels of governance: international, EU, national, and local. They come away most struck by Carbon Gap's own contributions, a policy levers library cataloguing more than 165 tools and a forthcoming book, The Foundations of Carbon Removal. They also dig into the EU Buyers Club's rebrand as the EU Buyers Coalition and the ambition to use it as a test ground for a future ETS purchasing facility.


    Rodica joins to reflect on the summit's turnout before turning to what worries her about the post-2030 landscape. She notes that the ETS covers only 40 percent of EU emissions, leaving the other 60 percent an open question, and argues that the EU's ten year policy cycles push carbon removal thinking toward short term wins. She also calls for stronger guardrails, given that the CRCF was designed for the voluntary market rather than a compliance scheme.


    The episode closes with Eve and Sebastian's own summary of the day: a recurring tension over whether standards should match across governance levels, the unresolved gap between national inventories and CRCF issued credits, and Achim Steiner's warning that carbon removal remains concentrated in too few countries, buyers, and technologies.



    LINKS

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  10. 97 | MEP Peter Liese: the Rapporteur's take on removals in the EU ETS

    28 Min.Staffel 1 · Folge 97

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart sit down with Dr. Peter Liese, the German MEP steering Parliament's response to the Commission's July 2026 proposal to revise the EU ETS …

    Shownotes

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart sit down with Dr. Peter Liese, the German MEP steering Parliament's response to the Commission's July 2026 proposal to revise the EU ETS, and the show's first sitting MEP guest. Liese kept the pen on the file just days earlier, when the ENVI committee rejected a bid to remove him as rapporteur, and this conversation lands in the window before his own draft report becomes public on 11 September, two days after this episode releases.


    Liese argues Parliament should go further than the Commission's text on almost every count. He wants no ceiling on how many removals the scheme can buy, reasoning that if costs keep falling the way they did for solar, an artificial cap makes little sense, and he wants biochar added alongside the currently eligible DACCS and BECCS, likely capped near a fifth of the volume so most support still flows to the two technologies already in the text.


    On the price gap flagged by third party estimates, including one suggesting scaling removals could cost tens of billions of euros more than the Commission expects, Liese's answer is to add more allowances rather than let the target slip, and he is candid that a falling carbon price driven by cheap removals would be something to celebrate, not fear. He previews sharper numbers for the linear reduction factor than the Commission proposed, and sets out why he backs an indirect route for international credits while pushing for more predictability than the current review clause offers.


    He closes on the bigger picture: once the policy scaffolding is in place, he wants the market and the engineers to do the rest, confident that carbon removals can follow the same cost curve that made solar the cheapest form of electricity. With his own report due within days, this is the clearest picture yet of where Parliament's negotiating position is headed.

     

    LINKS



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  11. 96 | What is really happening to DAC Hubs? - with Grant Faber

    29 Min.Staffel 1 · Folge 96

    Grant Faber, Head of Standards at Absolute Climate, joins Eve Tamme and Sebastian Manhart. Grant previously served as Director Capture Hubs program manager at the Department of Energy's Office of Fossil Energy …

    Shownotes

    Grant Faber, Head of Standards at Absolute Climate, joins Eve Tamme and Sebastian Manhart. Grant previously served as Director Capture Hubs program manager at the Department of Energy's Office of Fossil Energy and Carbon Management, and the conversation picks up on the widely circulated article he published mapping out exactly where the US DAC Hubs program stands today.


    Grant walks through why disbursement has stalled at roughly two and a half percent of the original three and a half billion dollars in funding. Much of the delay traces back to the lengthy contract negotiation process that follows every award announcement: milestones, budgets, environmental compliance, and cybersecurity plans all have to be finalized before a dollar moves, a process that consumed nearly his entire tenure at DOE before the change in administration froze everything.


    The conversation turns candid on the terminations that followed. Grant explains why the cancellations fell disproportionately along party lines, and reveals that DOE itself admitted in court that projects were chosen for termination on a purely political basis. He also recounts his own experience of being caught up in the so called Valentine's Day massacre, locked out of his systems weeks after the inauguration.


    Grant closes by breaking down what remains: a billion dollars reprogrammed to nuclear funding and one point three billion still sitting unobligated, and offers his sharpest advice for policymakers elsewhere, move quickly, build coalitions across the political spectrum, and design funding to land in every state, not just the ones that already agree with you.


    Links:


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  12. 95 | What Does CDR Actually Cost in Europe? - with Hansjörg Lerchenmüller and Eadbhard Pernot

    38 Min.Staffel 1 · Folge 95

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart dig into the cost assumptions behind the European Commission's EU Emissions Trading System review proposal, a month after the impact …

    Shownotes

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart dig into the cost assumptions behind the European Commission's EU Emissions Trading System review proposal, a month after the impact assessment first set out what BioCCS, DACCS, and biochar carbon removal are actually expected to cost between now and 2040. Sebastian has spent the past weeks tracing where those numbers come from, and brings in Hansjorg Lerchenmuller, Chairman of Biochar Europe, and Eadbhard Pernot, Executive Director of Carbon Management Europe, to stress test the modelling against real project economics.


    The picture that emerges is one of a forecast built on remarkably thin foundations. All the Commission's numbers trace back to just four sources, and because the medium scenario is simply an average of a low and a high estimate, a single shaky assumption can drag the whole range off course. For BioCCS, that means a low cost calibrated against an unverifiable 2022 conference remark and a transport and storage figure of just 38 euros a ton that barely holds up against real infrastructure costs. DACCS fares little better, with the entire range resting on a single McKinsey report whose underlying assumptions were never published.


    Biochar gets the most detailed correction. Hansjorg lays out where the European industry actually stands, more than 235 plants and a real scalable price closer to 175 to 200 euros a ton, well above what the Commission's own modelling implies. 


    The conversation closes on a shared plea: better data, more transparency about assumptions, and more developers willing to submit real transaction numbers before the next round of forecasts gets built.


    Links:

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  13. 94 | Article 6 Letters of Authorisation Explained - with Lisa DeMarco

    27 Min.Staffel 1 · Folge 94

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart sit down with Lisa DeMarco to unpack the legal machinery behind Article 6 of the Paris Agreement. A letter of authorization is an …

    Shownotes

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart sit down with Lisa DeMarco to unpack the legal machinery behind Article 6 of the Paris Agreement. A letter of authorization is an enforceable contract by which a host government permits a project to export a piece of its own climate progress. Lisa explains that it only counts as genuine under Article 6 if it conforms exactly to the minimum requirements set out in Article 6.2 or 6.4. She warns that letters of approval, acknowledgement, or no objection are routinely confused in the market, and points listeners to the model LOA forms she helped develop with the World Bank.


    The conversation turns to the KOKO cookstove project in Kenya, where two government entities each argued they lacked the authority to issue the LOA, leaving no party accountable when the project collapsed. Lisa breaks down the three part diligence host governments should complete before signing an LOA: confirming which branch of the state actually holds authority, checking the export will not take the country off track from its NDC, and reviewing domestic constitutional questions around trading natural resources.


    Lisa and the hosts also dig into revocation, distinguishing between a government's right to revoke a bad actor's authorization and the far more consequential question of retroactively cancelling units that have already changed hands, something she compares to printing a dollar bill and tearing it up. On corresponding adjustments, she lays out exactly when they are legally required by law and when not. However, even when projects don’t require corresponding adjustment, arranging a letter of acknowledgement from the government is crucial.


    They close by sizing up the market: roughly thirty five Article 6 projects have been authorized since the start of 2025, worth about one hundred million credits combined, against a European Union that alone could need hundreds of millions of credits by 2040.


    LINKS


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  14. 93 | Is Enhanced Rock Weathering Ready for Scale? - with Dirk Paessler and Mel Murphy

    38 Min.Staffel 1 · Folge 93

    In this episode of The CDR Policy Scoop, Sebastian Manhart and Eve Tamme are joined by Mel Murphy, an independent geochemistry consultant, and Dirk Paessler, founder and CEO of Carbon Drawdown Initiative and …

    Shownotes

    In this episode of The CDR Policy Scoop, Sebastian Manhart and Eve Tamme are joined by Mel Murphy, an independent geochemistry consultant, and Dirk Paessler, founder and CEO of Carbon Drawdown Initiative and Vice President of the Negative Emissions Platform, for a very special episode on how anyone actually knows enhanced rock weathering is working.


    Mel explains the two dominant measurement approaches, solid phase and aqueous pore water, and why they often tell different stories about the same field. Dirk brings the view from Carbon Drawdown Initiative's own experiments: a field trial with no measurable signal, buried buckets that still show nothing after 1400 days, and a greenhouse programme now running hundreds of soil and rock combinations. The pattern that keeps surfacing is that results depend on the specific rock, soil, and method used.


    That uncertainty has not stopped the market. Over 20,000 credits have been certified across Brazil, the US, and India, even as Vera has declined to build a methodology, citing immature science. Mel unpacks Carbon Plan's critique of credits from the US company Lithos, where an implied dissolution rate came out roughly ten times higher than a new peer reviewed estimate, and how registries like Isometric are adjusting requirements accordingly.


    The conversation closes on cost. Measurement now eats up 56 percent of enhanced rock weathering's budget, the highest share of any removal method. Dirk and Mel discuss whether machine learning trained on greenhouse data and satellite based field mapping can bring that down, and why neither will commit to a timeline for readiness under something like the EU ETS.


    Show notes:


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  15. 92 | Inside the Framework for Residual Emissions - with Injy Johnstone

    28 Min.Staffel 1 · Folge 92

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart sit down with Dr. Injy Johnstone, Senior Research Fellow at the Max Planck Net Zero Lab, to unpack her new report, What Are Residual …

    Shownotes

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart sit down with Dr. Injy Johnstone, Senior Research Fellow at the Max Planck Net Zero Lab, to unpack her new report, What Are Residual Emissions, which tries to bring clarity to one of climate policy's most used and least defined terms.


    Johnstone explains why, more than a decade after the term entered use, there is still no shared definition. The IPCC modeling community that coined it works from different inputs than a corporate net zero team, and the timeline question, today's technology versus a 2050 horizon, changes the answer. She also draws a distinction the sector often blurs: hard to abate describes a technological limit, while residual emissions is a broader, more normative category shaped by choices about demand reduction and regulation.


    The conversation turns practical as Johnstone breaks residual emissions into near, medium and long term buckets that corporates and governments can plan against. Sebastian presses on the middle bucket, where overly optimistic assumptions about future technology can quietly reduce carbon removal investment today. Johnstone and Eve also test the new SBTi and ISO standards released since the report's publication.


    They close on equity: who decides an industry keeps its social license to keep emitting, and who absorbs the trade offs within a finite carbon budget. Johnstone argues these normative choices are already being made, whether admitted or not, and surfacing them is the first step toward distributing that cost fairly.


    Links:

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  16. 91 | The EU ETS Proposal: the Scoop’s Debrief

    26 Min.Staffel 1 · Folge 91

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart follow up on their interview with Mette Quinn to hash out their own read of Brussels' proposal to fold carbon removals into the EU ETS …

    Shownotes

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart follow up on their interview with Mette Quinn to hash out their own read of Brussels' proposal to fold carbon removals into the EU ETS, and they don't agree on much. Is this really a "compliance market," or a purchasing programme that happens to sit on the ETS cap? Eve and Sebastian take opposing sides, and the answer matters more than semantics: it shapes how the whole mechanism should be judged.


    The cost assumptions get the roughest treatment. Sebastian has spent the past week stress-testing the BioCCS and DAC numbers behind the impact assessment, and he's not convinced. The transport and storage figures look wildly optimistic against what he's hearing from Europe's biggest BioCCS developers off the record. Biochar comes off worse still: favourably discussed in the impact assessment, then dropped entirely from the actual proposal, with nature-based solutions getting an explicit review clause that biochar never received.


    Timing is the other flashpoint. A 250 million ton removals commitment sounds decisive, until you line it up against a 48 million ton auctioning target for 2039 and realise the years don't match. Add in unresolved questions about who eats the risk on non-delivered offtakes or a shifting carbon price, and the "who pays" question stops being hypothetical.


    They close on supply: will a demand signal alone be enough to pull removals out of the Global South, or will an undersupplied market let developers simply triage toward whoever pays most? Robert Höglund's observation that this may be the first major EU proposal to treat permanent removals as functionally equivalent to reductions gets a nod too, a precedent Eve and Sebastian both think could ripple well beyond the ETS.


    Show notes:


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  17. 90 | Removals Enter the EU ETS: What Brussels Actually Proposes - with Mette Quinn

    27 Min.Staffel 1 · Folge 90

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart sit down with Mette Quinn, Deputy Director for Carbon Markets and Clean Mobility at the European Commission, days after Brussels …

    Shownotes

    In this episode of The CDR Policy Scoop, Eve Tamme and Sebastian Manhart sit down with Mette Quinn, Deputy Director for Carbon Markets and Clean Mobility at the European Commission, days after Brussels published its proposal to fold carbon removals into the EU Emissions Trading System. 


    Quinn confirms the number the sector has been debating since Friday: a commitment to buy 250 million tons of permanent, domestically produced removals through BioCCS and direct air capture, funded by auctioning matching allowances plus a top up reserve, with a review clause for 2034 if the volumes do not materialize.


    Eve and Sebastian press Quinn on the mechanics behind that figure, from the price gap between today's BioCCS costs and the EU allowance price, to whether national subsidies were built into the Commission's cost modeling, which Quinn confirms they were not. They also test the supply pipeline: Quinn's own estimate of close to 48 million tons by 2040 sits close to Eve's independent projection, though still short of the full 250 million target.


    The conversation covers how the scheme will work for project developers, including the paid on delivery model Quinn says the Commission is exploring softening through prepayment and Innovation and Modernization Fund financing, and the proposal's heavy reliance on BioCCS while direct air capture remains less cost competitive. Quinn is candid that no other technology pathway is currently envisaged, though the Carbon Removal Certification Framework leaves room for that to change.


    Quinn closes by drawing a sharp line between domestic removals, where funding is committed now with a 2034 review, and international credits, where a 2033 assessment will decide whether purchases continue at all, a distinction she ties to environmental integrity and the Commission's confidence in each pathway.


    Links

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  18. 89 | Inside the Fight to Save $600 Million for DAC - with Vikrum Aiyer

    32 Min.Staffel 1 · Folge 89

    In this episode of The CDR Policy Scoop, Sebastian Manhart sits down solo with Vikrum Aiyer, Head of Global Energy and Policy and Climate Policy and External Affairs at Heirloom, to trace the last eighteen …

    Shownotes

    In this episode of The CDR Policy Scoop, Sebastian Manhart sits down solo with Vikrum Aiyer, Head of Global Energy and Policy and Climate Policy and External Affairs at Heirloom, to trace the last eighteen months of US carbon removal policy. It starts with a survival story: Heirloom and partner Climeworks were awarded roughly 600 million dollars for a Louisiana direct air capture hub under the bipartisan infrastructure law, funding that looked shaky the moment the Trump administration began reviewing Biden era spending. Vikrum explains how a coalition of economic development groups, workforce organizations, and elected officials kept the project alive by leading with jobs, exports, and energy security rather than climate targets.


    The conversation turns to 45Q, the tax credit that pays up to 180 dollars per ton for durable removal. Vikrum details how a shift in EPA greenhouse gas reporting policy left the credit's verification framework in a temporary gap, with a Treasury safe harbor expiring and a new reporting structure still being negotiated alongside the Carbon Capture Coalition and industry peers. He credits the One Big Beautiful Bill Act with not just protecting 45Q but expanding its reach across more carbon management pathways.


    Sebastian and Vikrum close on California, where the state's cap and trade extension folded in an 85 million dollar annual pot for decarbonization technologies, including CDR, and wrote CDR integration into statute for the first time. Vikrum lays out the live debate over whether emitters should invest directly in removal project capex or whether those dollars should flow to communities instead, and argues the market needs both credit purchases and direct investment to hit the scale carbon removal requires.


    Links

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  19. 88 | Buffer Pools Aren't Enough: The Case for Contracted Durability - with Luke Pritchard

    29 Min.Staffel 1 · Folge 88

    In this episode, Eve Tamme digs into contracted durability with Luke Pritchard, Director at Beyond Alliance, a coalition of major carbon dioxide removal buyers.Last month, Beyond Alliance published a white …

    Shownotes

    In this episode, Eve Tamme digs into contracted durability with Luke Pritchard, Director at Beyond Alliance, a coalition of major carbon dioxide removal buyers.


    Last month, Beyond Alliance published a white paper with RMI and the American Forest Foundation, developed with input from both engineered and nature based CDR developers, setting out what contracted durability could look like and how it fits into the wider policy landscape.


    The conversation opens on why durability has stayed unresolved for so long. Luke explains that setting the threshold too low leaves open questions about who holds liability after the monitoring period ends, while setting it too high, without a mechanism like a permanence trust or horizontal stacking, locks nature based solutions out of the market entirely. Buffer pools and insurance, he argues, were never built to guarantee the long duration outcomes that durability requires on their own.


    Eve and Luke get into what a permanence trust would actually cost, with Luke citing anecdotal buyer estimates of around 15 percent on top of the credit price, and the tension this creates: cheaper nature based credits paired with contracted durability could pull demand away from engineered removals unless separate price support policy exists. They also map contracted durability against the live policy moments where it could land next, from the Paris Agreement Crediting Mechanism and California's SB 905 process to the EU, SBTi's Net Zero Standard, and ICVCM's continuous improvement work.


    The episode closes with a premortem: Luke's biggest worry is undercapitalization, a permanence trust that takes in too little up front, misjudges reversal risk, and runs out of money when it is needed most.


    Links


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  20. 87 | Getting CDR Right in the EU ETS: What's at Stake - with Francesca Battersby and Louis Uzor

    29 Min.Staffel 1 · Folge 87

    In this episode, Eve Tamme sits down with Carbon Gap’s ETS experts, Francesca Battesby and Louis Uzor ahead of the European Commission’s ETS proposal, expected on 17 July. CDR is about to gain access to the …

    Shownotes

    In this episode, Eve Tamme sits down with Carbon Gap’s ETS experts, Francesca Battesby and Louis Uzor ahead of the European Commission’s ETS proposal, expected on 17 July. CDR is about to gain access to the world’s biggest compliance market for carbon, and this conversation lays out what is actually at stake.


    The discussion opens on the integration model: a public authority managing CDR procurement, or covered entities acting on their own. Francesca and Louis explain why a public authority could bring mandate and long term credibility, and they unpack the open question of credit vintage, including whether pre-2031 activity could be grandfathered in.


    From there the conversation turns to where CDR sits relative to the ETS cap, and why Carbon Gap favours staying below the cap for now. They also tackle the price gap between DAC and BioCCS and EU allowances, pointing to the UK’s combined CfD and ETS model as a possible blueprint.


    The episode closes on the numbers that will decide whether integration is meaningful: the Commission’s 75 megaton estimate for 2040, Isometric’s higher 100 megaton suggestion, and Carbon Gap’s own analysis of CDR’s share of ETS emissions. Francesca and Louis flag what to watch for on 17 July, from biochar and enhanced weathering to the EU’s 90 percent domestic reduction ambition.


    Links:


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  21. 86 | Quarterly Catch Up: National CDR Targets, ETS Integration, and Who Pays for Removals

    28 Min.Staffel 1 · Folge 86

    In this episode of The CDR Policy Scoop, Sebastian Manhart and Eve Tamme sit down for their second quarterly, unscripted catch-up of the year, working through what is actually moving in CDR policy right now …

    Shownotes

    In this episode of The CDR Policy Scoop, Sebastian Manhart and Eve Tamme sit down for their second quarterly, unscripted catch-up of the year, working through what is actually moving in CDR policy right now with no guest in the mix, just two co-hosts comparing notes.


    The conversation opens on the member state CDR targets expected by the end of the year and why a patchwork of twenty seven national targets could be a net positive for the sector, forcing a wider range of technologies and approaches into play rather than funneling everyone toward the EU ETS. From there they turn to the ETS integration itself, unpacking a Potsdam Institute modeling exercise on how CDR volumes between forty and eighty megatons a year by twenty forty could stabilize carbon prices, and Sebastian previews a new peer reviewed paper on using ETS revenue to front load investment into removals through European Investment Bank bonds.


    They then dig into aviation, a sector Sebastian and Eve agree the CDR community has been too quiet on. The ReFuelEU Aviation review looks unlikely to open the door to removals, and the two make the case for a coordinated push before the window closes. That leads into CORSIA, where enforcement turns out to be far weaker and far more geographically uneven than either expected, and where Sebastian argues the real opportunity may lie with nature based removals rather than durable ones.


    The episode closes on Article 6.4 as the presumed foundation for future international credit quality criteria despite still-undefined removal methodologies, and on Norway's new NOACCS auction scheme, a sizable but narrowly targeted funding mechanism that raises questions about how well governments are learning from each other's programs.


    Links

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  22. 85 | ISO, SBTi, and the LCAW Verdict on Corporate Net Zero - with Kaya Axelsson

    28 Min.Staffel 1 · Folge 85

    In this episode of The CDR Policy Scoop, Sebastian Manhart and Eve Tamme are joined by Kaya Axelsson, Research and Policy Fellow at Oxford Net Zero, just days after what she describes as the most anticipated …

    Shownotes

    In this episode of The CDR Policy Scoop, Sebastian Manhart and Eve Tamme are joined by Kaya Axelsson, Research and Policy Fellow at Oxford Net Zero, just days after what she describes as the most anticipated Monday of her year: June 22, when both the ISO Net Zero Standard and the SBTi Corporate Net Zero Standard launched at London Climate Action Week. Kaya spent three years inside both standard-setting processes, and the conversation captures what this convergence moment actually means for companies, for carbon markets, and for carbon removal.


    The episode opens on what Kaya calls the single global playbook. Her case: the two standards don't fundamentally contradict each other. ISO is wider in scope, internationally governed via WTO-compatible processes, and a natural tool for trade policy, green public procurement, and claims legislation, particularly in markets across Africa and Asia that SBTi has yet to reach. SBTi brings detailed near-term implementation guidance and the momentum of eleven thousand companies already signed up. Kaya explains how she sees companies using them together and what each does better than the other.


    But she is not without concerns. The episode surfaces a significant one: a potential communication error in the SBTi standard that risks allowing companies to claim net zero alignment without ever setting a long-term net zero target. For CDR, the implications are direct. SBTi's decision not to require removals purchases before 2035 is, in Kaya's view, a cost-based rather than science-based call, and a missed opportunity to start scaling the supply of what companies will eventually need. ISO, by contrast, requires five-year removal milestones from the outset.


    The conversation closes on what comes next: the governance of commodity certificates such as green steel, SAF, cement, which both standards now actively encourage companies to purchase. Kaya predicts this will be the defining debate at the next London Climate Action Week, and explains why getting the governance architecture right matters as much as the demand signal itself.


    Links


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  23. 84 | Inside the ISO Net Zero Standard - with Delia Meth-Cohn

    30 Min.Staffel 1 · Folge 84

    In this episode of The CDR Policy Scoop, Sebastian Manhart sits down with Delia Meth-Cohn, Co-founder of Rethinking Removals, who has been part of the ISO Net Zero Aligned Organization Standard working group …

    Shownotes

    In this episode of The CDR Policy Scoop, Sebastian Manhart sits down with Delia Meth-Cohn, Co-founder of Rethinking Removals, who has been part of the ISO Net Zero Aligned Organization Standard working group from its very first meeting, two years ago.


    The conversation opens on why Delia got involved, recruited by the British Standards Institute to make sure removals expertise was in the room from the start. She explains what makes ISO structurally different from SBTi: where SBTi is a voluntary framework for leading, self-selecting companies, ISO is built to be globally applicable, rooted in national standards bodies and the WTO framework, and designed to accommodate countries with different net zero end dates, from Europe’s 2050 to China’s 2060 and Saudi Arabia’s 2070.


    The discussion gets to the heart of what the standard actually does on removals: it makes the implicit removals target in net zero frameworks explicit. Companies setting a long-term reduction target must treat whatever remains as their “anticipated residual emissions”, and that figure becomes a removal target they are required to plan toward, with a validated first milestone within five years. Delia is clear that flexibility is intentional: the strategy can involve a portfolio of credits, removals within operations, or value chain approaches, so long as the trajectory is defensible and verified.


    Sebastian pushes on the question of ambition and comparability: can two companies with very different removal strategies both receive the same ISO certification? Delia acknowledges the tension and closes on a call to action: the standard is currently in public consultation, comments feed through national standards bodies into the final draft, and this is the CDR community’s real window to push back on anything that falls short. The final standard is expected by mid-2027.


    Links

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  24. 83 | Green-Hushing, Safe Harbors, and Who Actually Owns a Carbon Credit - with Dr Ruth Dagan

    30 Min.Staffel 1 · Folge 83

    In this episode of The CDR Policy Scoop, Sebastian Manhart sits down with Dr. Ruth Dagan, Senior Partner and Head of Environment & Climate Change at Herzog Law, and Co-Chair of the IETA Legal Working Group, to …

    Shownotes

    In this episode of The CDR Policy Scoop, Sebastian Manhart sits down with Dr. Ruth Dagan, Senior Partner and Head of Environment & Climate Change at Herzog Law, and Co-Chair of the IETA Legal Working Group, to cover two legal challenges that are quietly suppressing corporate demand for carbon credits.


    The first is litigation risk. Since 2022, climate washing claims have increased by seventy percent globally, with around 160 cases on the books and fifty-four relating specifically to carbon credit offsets. Apple's carbon neutral Watch campaign was lost in Germany and only tentatively won in the US. The upshot is that many companies are choosing to say nothing about their climate action at all. Ruth calls this green-hushing, and argues it is actively draining demand from the voluntary carbon market.


    The conversation covers the two regulatory responses now taking shape: the EU Empowering Consumers Directive, coming into force in September, which blacklists product-level carbon neutrality claims outright, and California's AB 1911, which proposes the opposite, a safe harbor that would actively protect companies using high-integrity credits. Ruth outlines the work being led by IETA and the Coalition to Grow Carbon Markets, now backed by eleven governments.


    The second challenge is more fundamental: most carbon credit registries, including PACM, include explicit disclaimers that they make no legal statement about who actually owns the credits in an account. Ruth explains how this came to be, what it means for institutional investment, and how the Unidroit project, due to conclude in early 2027, offers a route to resolution.


    Links


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  25. 82 | SBTi 2.0 Net Zero Standard: What It Actually Means for CDR - with Robert Höglund

    26 Min.Staffel 1 · Folge 82

    Guest: Robert Höglund, writer of Marginal Carbon, climate strategist at Milkywire, and co-founder of CDI FYIThe Science Based Targets initiative has released its long-awaited Net Zero Standard, and Sebastian …

    Shownotes

    Guest: Robert Höglund, writer of Marginal Carbon, climate strategist at Milkywire, and co-founder of CDI FYI


    The Science Based Targets initiative has released its long-awaited Net Zero Standard, and Sebastian Manhart and Eve Tamme wasted no time pulling Robert Höglund, climate strategist at Milkywire, and co-founder of CDR.FYI back onto the show to work through what it actually means for CDR.


    The three begin with a verdict: mostly neutral. Better than the previous draft, some of the more damaging provisions are gone, but the standard falls short of what the CDR community had hoped for. With the key requirement for carbon removal pegged to 2035, the central question is whether anything meaningful happens in the nine years between now and then.


    The conversation works through the specific wins and losses. Corresponding adjustments are no longer a hard requirement, now encouraged and reported, which Robert and Eve both consider a workable compromise. The "like for like" principle survived. Scope 3 was included, which significantly raises the ceiling on potential CDR demand. But the standard leaves key questions unanswered: what emissions are companies actually supposed to counterbalance with CDR, their physical inventory or their residual after market measures? The answer, Robert notes, could be "quite controversial."


    The episode closes on what comes next: the call for evidence on short-lived removals, the incoming ISO standard, and a probable 2031 timeline for the next full version of the standard, leaving the industry to watch carefully what happens in the interim guidance documents that can still reshape how the standard is applied in practice.


    Links



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  26. 81 | Taking Stock: The State of CDR - Fireside Chat with Oliver Geden

    30 Min.Staffel 1 · Folge 81

    Recorded live at the Negative Emissions Platform (NEP) event in June 2026, this fireside chat brings Sebastian Manhart together with Oliver Geden for a rapid-fire sweep through the state of CDR policy. Oliver …

    Shownotes

    Recorded live at the Negative Emissions Platform (NEP) event in June 2026, this fireside chat brings Sebastian Manhart together with Oliver Geden for a rapid-fire sweep through the state of CDR policy. 


    Oliver Geden is Head of the Research Cluster on Climate and Energy Policy at SWP (the German Institute for International and Security Affairs), Vice Chair of IPCC Working Group Three, and a member of the executive team of the State of CDR Report. He co-authored Chapter Five on policy in the report's third edition, published the week this conversation was recorded.


    Together they dig into the questions that matter, the numbers that mislead, and the politics underneath both. In 30 minutes they cover a lot of ground: the policy sequencing debate, what the 16% CDR share of global mitigation effort actually means, and which countries are pulling ahead.


    Oliver walks through why over 100 countries now have net zero targets, yet novel CDR features in only two NDCs through to 2035, Australia and the UK, and in around one-third of long-term strategies for 2050. He draws on his IPCC experience to explain the shift in how CDR has been framed in intergovernmental negotiations: from "scenarios suggest you'll need it" to "you cannot reach net zero without it." That shift forecloses the option of treating CDR as an optional add-on, but it hasn't yet translated into concrete national planning at scale.


    The conversation gets into the weeds on EU policy design: the complexity of introducing national durable removal targets within the pillar system, the tension in the international credits debate between what the text says and what policymakers are actually trying to achieve, and a concept Oliver introduces that is worth holding onto: "politically hard to abate." The episode closes on a question that would have felt out of place a year ago: what the war in Iran does to climate and CDR policy ambition, and Oliver's answer is, characteristically, clear-eyed.


    Show notes:

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  27. 80 | The State of CDR 2026: The CDR Policy Scoop Verdict

    29 Min.Staffel 1 · Folge 80

    In this episode of The CDR Policy Scoop, Sebastian Manhart and Eve Tamme dig into the highly anticipated third edition of the State of CDR Report.At 300 pages and 75-plus authors, this edition is the most …

    Shownotes

    In this episode of The CDR Policy Scoop, Sebastian Manhart and Eve Tamme dig into the highly anticipated third edition of the State of CDR Report.


    At 300 pages and 75-plus authors, this edition is the most comprehensive mapping of the CDR landscape to date. Sebastian and Eve don't attempt to walk through the headlines they go deeper, pulling out the findings that stood out, challenged assumptions, or raised new questions.


    The conversation opens on vocabulary: the report's case for retiring "natural versus technological" in favour of "conventional versus novel", and why that framing matters for how CDR is perceived by the public. It then turns to one of the report's most important, and most easily misread, numbers: the 2.2 gigatons of global CDR, of which 99.9% is conventional and 2.1 megatons is novel. Sebastian unpacks why gross versus net removals is not a semantic debate, and why the two figures are measuring fundamentally different things.


    From there, they cover the gap: what NDCs and long-term strategies actually say (and don't say) about CDR, why a new wave of national climate plans arrived with almost no additional detail on removals, and what the report's modelling implies about how much CDR net zero will actually require, with the average across scenarios now sitting at 16% of mitigation effort, not the 10% commonly cited. They also take a hard look at the 2030 outlook: the report's layered approach to projections, why the 2020 prediction of 11 megatons by 2025 became 2, and what company announcements of 42 megatons actually mean in practice.


    The episode closes on what the next decade of CDR delivery really looks like: biomass-based methods dominating through 2030, a CDR funding share of just 2.6% of all climate tech, and a shout-out to CDRjobs, which gets its first dedicated section in the report, for contributing workforce data to the ecosystem.


    Show notes:

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  28. 79 | LULUCF, Carbon Farming and the CRCF Review - with Asger Strange Olesen

    27 Min.Staffel 1 · Folge 79

    In this episode of The CDR Policy Scoop, Sebastian Manhart and Eve Tamme welcome back Asger Strange Olesen, Global Head of Climate and Biodiversity at the International Woodland Company and Independent Member …

    Shownotes

    In this episode of The CDR Policy Scoop, Sebastian Manhart and Eve Tamme welcome back Asger Strange Olesen, Global Head of Climate and Biodiversity at the International Woodland Company and Independent Member of the EU Carbon Removal Expert Group.


    The conversation opens on where the carbon farming side of the CRCF stands relative to the momentum building around permanent removals. Asger explains why carbon credits are the wrong tool for the majority of European farmland that stays in production, and why the CRCF review's emerging concept of performance certificates may finally offer a workable alternative. One that links supply chain companies' Scope 3 reporting to what actually happens on the land.


    The episode digs into how performance certificates would work in practice: who issues them, who needs them, and how attribution across multiple buyers in the same supply chain gets resolved. Asger is direct about which concepts from the carbon credit world have no place here, and why insisting on them would kill the instrument before it starts.


    The discussion also covers the tension between the EU's bottom-up inventory approach and SBTi's top-down FLAG methodology, what the Q4 Commission proposal on national targets and flexibilities needs to get right, and why moving the obligation to pay from member states to sectors and companies is the single most important precondition for any of this to work.


    Show notes:


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  29. 78 | Live from Brussels: Does the EU Buyers' Club Have What it Takes?

    31 Min.Staffel 1 · Folge 78

    Recorded on the ground at the first annual CRCF Days in Brussels, Eve Tamme and Sebastian Manhart spent the day inside Day One on permanent carbon removals and caught up throughout the day to give you a …

    Shownotes

    Recorded on the ground at the first annual CRCF Days in Brussels, Eve Tamme and Sebastian Manhart spent the day inside Day One on permanent carbon removals  and caught up throughout the day to give you a front-row view of how it unfolded.


    The episode follows the arc of the day to tackle the central question: does the EU Buyers' Club have the momentum, the money, and the buyers to actually deliver? Eve and Sebastian arrive with different expectations and leave with a revealing disagreement. Surprisingly, Eve is more bullish than usual and Sebastian is more measured. However both agree the room had real energy with over 200 in person and 300 online, and that the process of getting buyers together under Commission convening is worth something in itself.


    The momentum in the room was real but whether it translates into offtake agreements, new buyers, and genuine scale is a different question. Eve and Sebastian get into what was actually announced, which technologies are in or out of scope, and why use cases for permanent removals keep coming up and keep going unanswered.


    Show notes:


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  30. 77 | CBAM and International Credits: What’s Just Changed? - with Dan Maleski

    26 Min.Staffel 1 · Folge 77

    The European Commission just published a draft implementing act on CBAM and it quietly opens the door to international carbon credits counting toward carbon border liabilities. The rules are still being …

    Shownotes

    The European Commission just published a draft implementing act on CBAM and it quietly opens the door to international carbon credits counting toward carbon border liabilities. The rules are still being written, but the direction of travel is clear.


    Co-hosts Sebastian Manhart and Eve Tamme pulled our favourite CBAM expert, Dan Maleski back in for a rapid-fire debrief the day after publication. They wanted to get the Scoop on what's actually in the act, what's still missing, and what does it mean in practice for companies, governments, and CDR?


    The conversation unpacks the 10% cap on Article 6 credits, why domestic credits face no equivalent limit, and why that asymmetry should raise eyebrows. Dan also flags a real risk: with prices in voluntary carbon markets anything but standardised, the room for manipulation is not hypothetical. And with "independent persons" as the main safeguard, the jury is still out on how watertight this will be.


    One thread runs through it all: CBAM is pushing trading partners toward compliance regimes that look more like the EU ETS and for CDR project developers who can align with that compliance demand, the long-term signal is significant.

    The consultation closes in early June. While still unresolved, this one is worth watching closely.


    Show notes:


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