Carbon Counts is leading a consortium tasked by the European Commission to design an Inducement Prize in the field of CO2 Reuse. The technologies of interest involve capturing CO2 - typically from anthropogenic sources such as power plant flue gases - and using it in processes to make various industrial and consumer products. The subject is gaining wider interest in Europe at present because of its potential to contribute to a number of key policy areas, including energy, climate change and industrial innovation. On 25 March, we held a technical workshop to discuss prize design issues and options, drawing on experts from across the European Union, and we continue to work on the design concep
Carbon Counts partnered with ECA to produce a study which looks at the risk of carbon lock-in to the International Climate Fund (ICF) priority countries. The project, carried out for the Department for International Development (DFID), established a simple framework that can be used by ICF policy-leads and DFID country offices to assess this risk in relation to nationally significant investments being planned or undertaken.