Article 23 on Trial: How Oil and Gas Producers Are Challenging the EU’s CO₂ Storage Obligations
Fifteen legal cases brought by oil and gas producers are challenging a key provision of the EU’s Net-Zero Industry Act, putting Europe’s 2030 CO₂ sto...
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Negative Emission Technologies and Practices (NETPs) aim to reduce the amount of CO₂ present in the atmosphere. However, the varying system complexity NETPs presents a challenge for accurate evaluation of net climate impact. Moreover, NETPs which cross jurisdictional boundaries present an additional challenge due to gaps in existing GHGs accounting frameworks, which attribute responsibility for emissions and removals on a territorial basis. Projects which cross territorial boundaries may therefore fail to fully account for the net climate impact due to unharmonized standards and monitoring.
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GLOBAL GOVERNANCE OF NETPS – GLOBAL SUPPLY CHAINS AND COHERENT ACCOUNTING
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