Raw: [
This week, the EU Parliament passed a new certification plan that has the potential to revolutionize the way…
The post EU Implements New Measures For Enhanced Carbon Storage Certification appeared first on Carbon Herald.
] EU Implements New Measures For Enhanced Carbon Storage Certification Carbon Herald InterviewsCaptureRemovalDirect Air CaptureCarbon MarketsCompaniesStocksCarbon Capture StocksPolicyPodcastHydrogenOpinionNewsletterAdvertisingArchives Archives Select Month April 2024 (64) March 2024 (176) February 2024 (153) January 2024 (139) December 2023 (136) November 2023 (169) October 2023 (179) September 2023 (170) August 2023 (144) July 2023 (146) June 2023 (130) May 2023 (112) April 2023 (132) March 2023 (169) February 2023 (123) January 2023 (103) December 2022 (97) November 2022 (128) October 2022 (118) September 2022 (109) August 2022 (64) July 2022 (90) June 2022 (90) May 2022 (92) April 2022 (83) March 2022 (85) February 2022 (74) January 2022 (73) December 2021 (53) November 2021 (95) October 2021 (84) September 2021 (75) August 2021 (60) July 2021 (48) June 2021 (69) May 2021 (36) April 2021 (34) March 2021 (48) WingsWingsSelect CategoryCaptureCarbon AccountingCarbon Capture StocksCarbon MarketsCompaniesDaily BriefDirect Air CaptureHydrogenHydrogen StocksInterviewsInvestmentOpinionPartner ContentPolicyPress ReleaseRemovalScienceStartupsStocksTechnologyUncategorized MetaLog inEntries feedComments feedWordPress.org Carbon Herald Carbon Herald InterviewsCaptureRemovalDirect Air CaptureCarbon MarketsCompaniesStocksCarbon Capture StocksPolicyPodcastHydrogenOpinionNewsletterAdvertising Carbon Herald Latest EU Implements New Measures For Enhanced Carbon Storage Certification EU Parliament Votes On New Law To Reduce Methane Emissions, Gives Final Approval On Carbon Removal Certification Framework Canada’s Manitoba Province Announces CCS Legislation Ocean Visions & Esri Unveil New Tool For Ocean Iron Fertilization (OIF) Planning агреена zurich insurance ZS2 Carbon MarketsPolicyEU Implements New Measures For Enhanced Carbon Storage CertificationbySasha RanevskaApril 11, 20242 minute read Source: PixabayTotal0Shares 0 0 0 0 0 0 0 This week, the EU Parliament passed a new certification plan that has the potential to revolutionize the way carbon storage is monitored in the European Union.The approved legislature, which comes after an agreement reached in late February between lawmakers and member countries, standardizes the requirements for carbon storage in Europe and simplifies tracking, broadening the potential for trading carbon credits.The main focus of the new certification plan is on emerging methods for capturing CO2 at industrial sites, such as steel and cement plants, and then storing it deep underground for extended periods.Under this plan, certificates will also be issued to wooden structures that are projected to last at least 35 years, as well as to farming practices that effectively retain CO2 in soil, grasslands, woodlands, and peatlands. This plan is especially significant for farmers, who may now have the opportunity to profit from the CO2 that is stored in their lands. Relevant: EU Parliament Cracks Down On Greenwashing With New Consumer Protection LawsHowever, the approval of this legislation has sparked backlash among climate activists, who fear that the emphasis on carbon storage may detract from efforts to reduce emissions at the source. NGO Carbon Market Watch has raised concerns about the new measures, arguing that they could potentially lead to “greenwashing”.The organization believes that placing too much emphasis on carbon capture and storage could divert attention from the primary goal of reducing greenhouse gas emissions. Read more: The EU Plans To Ban ‘Climate Neutral’ Claims By 2026Despite these criticisms, the EU remains committed to its goal of enhancing carbon certification to ensure that companies are held accountable for their environmental impact. According to a statement from the parliament, the legislation addresses various methods of removing carbon, including permanent carbon storage using industrial technologies, carbon storage in durable products, and carbon farming. The goal is to increase their utilization and strengthen the EU’s ability to measure, monitor, and validate these practices to combat greenwashing.