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The CCRcorp Network unlocks access to a world of insights, research, guides and information in a range of specialty areas.

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TheCorporateCounsel

TheCorporateCounsel.net

A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.

DealLawyers

DealLawyers.com

An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.

CompensationStandards

CompensationStandards.com

The “one stop” resource for information about responsible executive compensation practices & disclosure.

Section16.net

Section16.net

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.

PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

Carbon removal has been a notoriously unreliable science. Technological and ecological carbon capture and sequestration (CCS) methods have fallen short of expectations. This often leaves companies using offsets or credits generated by such projects in a difficult position when the underlying methodologies prove to be ineffective. However, the EU is looking to strengthen the CCS industry with new voluntary carbon removal and carbon farming methodologies. This will allow CCS projects to receive certification from the EU government, boosting consumer confidence and reducing greenwashing risk. The European Commission states in its press release:

“Today, the Commission adopted the first set of methodologies under the carbon removals and carbon farming (CRCF) Regulation to certify activities that permanently remove CO2 from the atmosphere. By adopting these first voluntary certification methodologies, the EU is setting clear rules and creating new opportunities for climate innovation, investments in carbon removal technologies and addressing greenwashing. This milestone positions the European Union as a global leader in carbon removals, helping to create an emerging market for both innovative start-ups and a major EU bioeconomy while supporting the EU’s objective of becoming climate-neutral by 2050.”

The methodologies cover three different types of permanent carbon removals: Direct air capture with carbon storage (DACCS), biogentic emissions capture with carbon storage (BioCCS), and biochar carbon removal (BCR). The new framework is being adopted through a delegated regulation. It now goes to the Parliament and Council for a two-month waiting period before becoming official EU policy.

Our members can learn more about carbon management here.

If you’re not already a member, sign up now and take advantage of our no-risk “100-Day Promise” – during the first 100 days as an activated member, you may cancel for any reason and receive a full refund. But it will probably pay for itself before then. Members also save hours of research and reading time each week by using our filtered and curated library of ESG/sustainability resources covering over 100 sustainability subject areas – updated daily with practical and credible information compiled without the use of AI.

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The Editor

Zachary Barlow is a licensed attorney. He earned his JD from the University of Mississippi and has a bachelor’s in Public Policy Leadership. He practiced law at a mid-size firm and handled a wide variety of cases. During this time he assisted in overseeing compliance of a public entity and litigated contract disputes, gaining experience both in and outside of the courtroom. Zachary currently assists the PracticalESG.com editorial team by providing research and creating content on a spectrum of ESG… View Profile