UK Gov will aim to carry out a further consultation in 2023 on the inclusion of engineered and nature-based GGRs in the UK ETS. This will address how we could design the market, what market eligibility requirements we could set and when inclusion may take place alongside 

other relevant considerations. The Climate Change Committee (CCC) have recommended that engineered removals are included in the UK ETS when they are mature. 

Academic and industry recommendations on how the government should approach the monitoring, reporting and verification of negative emissions resulting from various greenhouse gas removal (GGR) methods. 

The Low Carbon Fuel Standard is designed to decrease the carbon intensity of California's transportation fuel pool and provide an increasing range of low-carbon and renewable alternatives, which reduce petroleum dependency and achieve air quality benefits. DACS is a compliance pathway. 

The bill directs CARB to adopt a regulation requiring high-emitting entities to purchase “negative emissions credits” to compensate for remaining emissions. Ramps from 1 percent of the source’s emissions in 2030 to 100 percent of their residual emissions by 2045, giving the state a way to ensure it achieves its net-zero emissions target. Under this law, CARB would establish rules and processes for certifying carbon dioxide removal practices that may be used to create negative emissions credits.  

Mandatory reporting for GHG emissions for companies.  Refers to the Greenhouse Gas Protocol. Directs the State Air Resources Board to develop regulations requiring corporations that do business in California, with annual revenues over $1 billion, to publicly disclose their greenhouse gas (GHG) emissions. Reporting entities must provide annual disclosures for scope 1 and scope 2 emissions starting in 2026 and must report scope 3 emissions starting in 2027. 

Will apply to a range of entities operating in California that market or sell voluntary carbon offsets, or make claims regarding the achievement of net zero emissions, carbon neutral status, or significant carbon emissions reductions. Each of these activities carries specific public disclosure requirements under the VCMDA. 

The Green Guides provide voluntary guidance on how to avoid deceptive environmental claims in advertising and marketing. Carbon offsets are covered under the "carbon offsets" section. 

The Four Regional Direct Air Capture Hubs is designed to establish a program under which the Secretary shall provide funding for eligible projects that contribute to the development of four regional direct air capture hubs. 

The 2023 Farm Bill needs to be re-authorised in 2023, more information from the Carbon Business Council here, “Hundreds of millions of tonnes of crop residues are burnt, or left to decompose, in the U.S. annually — representing a significant re-emission of carbon dioxide into the atmosphere. It is critical to leave some crop residues on the field to maintain soil health, however crop residues that are burnt can more beneficially be employed as feedstock for biomass carbon removal and storage (BiCRS) approaches, including biochar carbon removal (BCR),” 

Up to $180/tCO2 tax credit. 

DACS

Biomass with carbon removal and storage 

Enhanced weathering and mineralization   

Planned or managed carbon sinks 

The CDR Purchase Pilot Prize represents the first time the United States federal government will purchase high-quality carbon removal credits from commercial-scale activities 

DACS, BECCS and other methods 

New York has proposed an ambitious Carbon Dioxide Removal Leadership Act, it remains in the early stages of the legislative process. 

DACS, BECCS 

The Climate Commitment Act sets a goal for Washington to achieve net zero greenhouse gas emissions by 2050.  It establishes a cap-and-trade program for major emitters, with auctions for tradeable carbon allowances.  The law directs the state Department of Ecology to adopt rules requiring allowance auctions to include a consigning of carbon dioxide removal credits.  Beginning in 2028, at least 5% of all auction allowance value must come from consigned carbon removal credits. 

5% of the emissions cap in 2028 equates to around 100,000 metric tons of CO2 removal credits that the state must acquire.  Eligible carbon removal approaches include direct air capture, enhanced natural sink methods like reforestation, and bioenergy with carbon capture and sequestration. 

Awaiting Category information 

Assessment framework at Program-level released. Awaiting information for which categories (methods) will be fast tracked for the first phase of assessment. 

All CDR

At its core, the Claims Code is for companies who are seeking to make credible voluntary use of carbon credits and receive validation in the form of a VCMI Claim.  Next update on 28 November 2023 - the launch of this guidance will enable companies to begin the process of making Claims in line with VCMI’s Claims Code.  

Examples include, but are not limited to: DACS, BECCS Improved soil management

From the Standard, “There is also a critical need for companies to invest in nascent GHG removal technologies (e.g., direct air capture (DAC) and storage) so that the technology is available to neutralize residual emissions at the long-term science-based target date.”