18.10.2021

# Media

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World Economic Forum: Why natural climate solutions are about much more than carbon

"The Intergovernmental Panel on Climate Change reports that 23% of greenhouse gas emissions come from land use and land-use change. Any credible pathway to net-zero must include ending deforestation and the degradation of natural ecosystems plus reducing emissions associated with agricultural production and food systems. In fact, most net-zero scenarios include significant “removals” of CO2 from the atmosphere via reforestation and ecosystem restoration.The way we use land will be doubly important over the next decade; not only because it has an impact on greenhouse gas emissions, but also because we need to offset emissions from sectors in which carbon reduction is more difficult and requires long-term technological transformation. The task of transforming the energy and land-use sectors in tandem will require supportive economic and social policy frameworks."

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18.10.2021

# Media

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The Guardian: Can Australia’s path to net-zero really be fuelled by carbon capture and LNG?

"More millions for carbon capture, more new coalmines and rising gas consumption for bigger LNG exports are incompatible with Morrison’s claimed net zero urgency."

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18.10.2021

# Media

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The Hill: Geoengineering: We should not play dice with the planet

"The fate of the Biden administration’s agenda on climate remains uncertain, captive to today’s toxic atmosphere in Washington, DC. But the headlines of 2021 leave little in the way of ambiguity — the era of dangerous climate change is already upon us, in the form of wildfires, hurricanes, droughts and flooding that have upended lives across America. A recent UN report on climate is clear these impacts will worsen in the coming two decades if we fail to halt the continued accumulation of greenhouse gases in the atmosphere.To avert disaster, we must chart a different climate course, beginning this year, to achieve steep emissions reductions this decade. Meeting this moment demands an all hands-on-deck approach. And no stone should be left unturned in our quest for meaningful options for decarbonizing our economy."

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18.10.2021

# New Publications

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Mohan, Aniruddh; et al. (2021): UNFCCC must confront the political economy of net-negative emissions

Mohan, Aniruddh; Geden, Oliver; Fridahl, Mathias; Buck, Holly Jean; Peters, Glen P. (2021): UNFCCC must confront the political economy of net-negative emissions. In One Earth. DOI: 10.1016/j.oneear.2021.10.001.

"Recent demands by developing countries, like India, that developed countries need to reach net-negative emissions, must be negotiated seriously under the UNFCCC. Failure to acknowledge that limiting global average temperature rise to 1.5°C leaves very little carbon budget for equitable redistribution risks further ambiguity on how to achieve the Paris Agreement’s goals."

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18.10.2021

# Media

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Reuters: EXCLUSIVE White House, top Democrats agree to boost carbon capture credit in budget bill -sources

"The White House and top Democratic lawmakers have agreed to boost a tax credit for industrial carbon capture projects in a deal that could help solidify support for the budget reconciliation bill at the heart of President Joe Biden's economic agenda, two sources with knowledge of the matter said."

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18.10.2021

# Media

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The Conversation: A global carbon removal industry is coming – experts explain the problems it must overcome

"There are several ways to remove carbon from the atmosphere. One is called bioenergy with carbon capture and storage, or Beccs. Here, vast acres of fast-growing plants are grown and then harvested and burned to generate electricity or make biofuel for vehicles. Beccs can even use waste from farms or timber plantations. The carbon normally released during the burning or fermentation stage is instead captured and pumped underground in old oil and gas wells or deep rock formations called saline aquifers. These storage sites can be beneath land (which is common in the US) or the seabed. There are over 20 years of experience in storing CO₂ under the Norwegian North Sea, for instance."

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11.10.2021

# Political Papers

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Luderer, Gunnar; et al. (2021): Ariadne Report: Germany on its way to net zero 2045 (German)

Luderer, Gunnar; Kost, Christoph; Sörgel, Doninika (Eds.) (2021): Ariadne Report: Deutschland auf dem Weg zur Klimaneutralität 2045. Szenarien und Pfade im Modellvergleich. Kopernikus-Projekt Ariadne. Potsdam. Available online at https://ariadneprojekt.de/publikation/deutschland-auf-dem-weg-zur-klimaneutralitat-2045-szenarienreport/.

German report on possible pathways to net zero in Germany. 

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10.10.2021

# Political Papers

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Arens, Christof (Ed.) (2021): Ensuring longterm ambition. Paris-proofing of baseline setting as a means for alignment with the Paris Agreement’s long-term objectives (Wuppertal Institute for Climate, Environment and Energy)

Arens, Christof (Ed.) (2021): Ensuring longterm ambition. Paris-proofing of baseline setting as a means for alignment with the Paris Agreement’s long-term objectives. Wuppertal Institute for Climate, Environment and Energy. Wuppertal (Carbon Mechanisms Review, Vol. 9, No. 3). Available online at https://www.carbon-mechanisms.de/fileadmin/media/dokumente/Publikationen/CMR/CMR_03_2021_web_final.pdf.

"In this issue of the CMR, we take an in-depth look at the baselines discussion, starting with an analysis of the experience gained in the different carbon market arenas so far. We also present a Party perspective on the negotiation process and possible solutions for the associated agenda items. The cover feature is supplemented by a new proposal from the research community on how to technically solve baseline setting under the new Paris Agreement regime. Also in this issue, we look at how implementation of Article 6 activities can be promoted and assess actual capacity building needs. Finally, we explore the aviation sector and analyse the role of carbon markets in regulating GHG emissions from aviation as described in the European Commission’s recent “Fit for 55” proposal."

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08.10.2021

# Media

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Upstream: Australian government looks to 'turbocharge' development of carbon capture and storage hubs

"Canberra to provide a A$250 million injection towards developing CCUS hubs that could be operational before the end of the decade."

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08.10.2021

# Media

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Mirage: Emissions Reduction Fund to credit carbon capture and storage projects

"The Emissions Reduction Fund (ERF) will now credit eligible projects that capture and permanently store carbon underground.The Australian Government introduced the new carbon capture and storage (CCS) method following public consultation."

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