California Bill Sets Standards, Targets For CO2 ‘Removals’ To Reach ‘Net-Zero’

July 10, 2024
California lawmakers are advancing a bill to set new standards and interim targets for carbon dioxide “removals” (CDR) that will ultimately equal at least 100 percent of greenhouse gas emissions by 2045 and achieve the state’s “net-zero” goal, despite varying objections from both industry and environmental groups. “The aim is driving down the cost of carbon removal below $100 a ton within a decade. And that’s the goal. We’re not going to drive the cost down without creating that long-term,...


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