ā Like many of you, I believe that integration of CDR into emission trading systems (ETS) is the ultimate way we will scale CDR to climate relevance. Unfortunately, this will take a while in the biggest ETS such as the hashtag#EU (2031+) and the hashtag#UK (2028+).
š± hashtag#Japan is the clear exception, looking to integrate CDR into its GX ETS as early as 2026. With its 2050 net-zero target and estimates of 50-240Mt of CDR needed, Japan could quickly become a CDR powerhouse.
š A recent post I shared on this went viral, yet it lacked details (see comments). In a groundbreaking analysis, Tank Chen and CDR.fyi are now diving deep into the details and offering a unique glimpse into what exactly the Japanese government is planning.
š In this piece you will find out:
ā¾Which CDR methods are eligible
ā¾What quality criteria will be used
ā¾How projects outside of Japan can participate
ā¾What role Japanās nationally determined contributions (hashtag#NDCs) play in this
ā¾How Japan is planning to leverage CDR to build industrial competitive advantage
š Finally, with the help of Anna Pasini, they aggregated all 700+ companies part of the GX ETS into an open database!
š Here is the blog post: https://lnkd.in/dagqU9SX
š Thank you Tank Chen for this incredible effort which sheds light on a topic I, like many, have been following closely and struggled to get these kind of details.
KomentĆ”Åe