"My father taught me that, at Christmas, there is an abundance of goodwill in the air.
In the stories he tells of the Liverpool of his childhood there was always a strong sense of community, but come December that sense of collective empathy, of looking out for each other, was super‑charged. I believed in it as much as I believed in Father Christmas. And I still do now (sorry Santa, not you)."
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Superpollutants — methane, HFCs, nitrous oxide and other non-CO2 climate pollutants — are responsible for roughly half of the warming experienced today, and abating them is now seen as the fastest available lever on temperature this decade. With Google making its first move into the market and superpollutant categories the first through the ICVCM gate, CCP-labelled credits rated among the market’s highest quality are now available at a fraction of removal prices.
Issue #75 of the Carbonaires Monthly Newsletter examines the European Commission’s proposal to revise the EU Emissions Trading System, published on 17 July: a 250 million allowance facility ring-fenced to purchase BioCCS and DACCS removals through to 2040, a further 260 million allowances for high-integrity international credits, and a slower cap decline. Set alongside SBTi Version 2 and the draft ISO 14060 standard, it points to carbon removal demand that can be modelled, dated and priced, and to a creditworthy government offtake that begins to solve the tenor problem holding back debt financing.
Shoosmiths, one of the UK’s leading law firms, has entered into a five-year pre-purchase forward offtake agreement with Carbonaires, securing a long-term supply of durable biochar carbon removals from HUSK to support its zero net operational emissions. Rather than buying spot credits, Shoosmiths locked in supply, volume and price over five years — a strategic, long-term approach to high-integrity carbon removal.
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