?? Is direct air capture actually viable as a carbon removal technology? Lune monthly newsletter, April 2023
In this monthly newsletter, we share the news and insights you need to know on the carbon market, credible corporate offsetting, and sustainable business.
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Featured topic??
Ever wondered how direct air capture actually works? Or how effective it is at carbon removal?
Well, now you can find out, with the latest in our deep dive on direct air capture (DAC). The article covers:
?? How DAC plants actually work
?? The difference between DAC and carbon capture and storage (CCS)
?? What makes DAC exciting as a carbon removal solution?
?? And what are the key barriers holding the technology back?
?? Two example projects: 1PointFive and Noya
Level up your carbon markets knowledge ??
Different ways to buy carbon explained: from spot purchases to multi-year agreements
When you decide to buy carbon credits to offset your company’s carbon emissions, there are a few different ways you can go about it – spot purchases, forward purchases, multi-year purchases, and investing into a carbon project.
They all have different pros and cons depending on the length of your commitment, the pricing of credits, and more.
Meet Vestre: furniture manufacturer and now one of biggest carbon removal buyers ever
Vestre is a furniture manufacturer with a serious climate commitment, and they partnered with us to neutralise their residual emissions through permanent carbon removal projects, whilst continuing to work to reduce emissions across the value chain.
It’s time to get serious on environmental claims: EU Green Claims Directive proposal
Green claims – from carbon neutral to net zero to climate positive – are now commonplace in business communications and marketing campaigns.
But, often they're vague or unsubstantiated.
The European Commission 's recently released Green Claims Directive proposal aims to address that, putting guidelines in place for companies that want to make an environmental claim.
Improving the integrity of the voluntary carbon market with the ICVCM and the VCMI
For the Voluntary Carbon Market to truly help us move towards global climate targets, we need to improve its integrity – increasing trust, transparency, and credibility.
The Core Carbon Principles by the The Integrity Council for the Voluntary Carbon Market (ICVCM) and the Claims Code of Practice by the VCMI are two initiatives helping to do this.?
Featured resource ??
Reviewing your sustainability strategy and budget for the new financial year? Make sure it's designed to drive real climate impact with this checklist.
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