DACMA signed the DAC coalition position paper
Position paper about integration of carbon dioxide removals (CDR) into the EU Emissions Trading System (EU ETS)
The DAC Coalition is a nonprofit organization founded in 2022 with meanwhile over 110 companies, organizations, and institutions working to advance and accelerate the deployment of direct air capture technologies.
The coalition supports high-quality, measurable, verifiable, and permanent carbon dioxide removals (CDR) into the EU Emissions Trading System (EU ETS) to help scale the industry and meet net zero goals. A well-designed integration could create a stable, long-term market for permanent CDR.
However, relying solely on ETS integration without additional support will not be enough to ensure widespread deployment and use.
According to the position paper, there are the following challenges to integration:
„These challenges include extended sale cycles due to limited familiarity with the product, the nascent state of CDR credit transactions, lack of market liquidity, evolving science around permanent removals pathways, and dependency on climate policy to motivate purchases.“
Accordingly, the position paper sets out all the important key features that should be ensured when integrating carbon dioxide removals (CDR) into the EU Emissions Trading System (EU ETS) such as:
- Only removals that isolate CO2 from the atmosphere on the timescale of the lifetime of CO2 emissions should be eligible for integration in order to maintain the integrity of the ETS.
- All tonnes of CO2 removed are measurable and verifiable
- Define a CDR sub-mandate that increases over time
- Maintain the gross cap on emissions
Read about all key features and the full position paper HERE:
“In just one year, DACMA GmbH has achieved an exponential progress in the atmospheric carbon capture journey. The strategic alliance with Repsol (both in Venturing Capital and projects) will boost the pace of this highly focused group of outstanding engineers that are persistently looking for every angle of the technology improvement. Take the time to celebrate, acknowledge your success and keep going!!!”
“One of the most relevant projects related to the development of technologies with a negative CO2 effect, the ONLY project in Brazil on Direct Air Capture multi-country Spain, Brazil Germany in Open Innovation. Repsol Sinopec Brazil Corporation, Start Up DACMA and PUC Rio Grande do Sul University. A disruptive commitment to a more decarbonized world. Being part of this project is a privilege and a unique opportunity to add value to society.”
“In collaboration with Phoenix Contact, DACMA has developed an application that contributes to CO2 decarbonization. This technology makes a significant contribution to sector coupling in the All Electric Society and to the sustainable use of energy. I am delighted that two technology-driven companies are working together so efficiently.”
“The DACMA GmbH with Jörg Spitzner and his team are not only valuable partners in our network, but also key initiators and innovators who, with DACMA, are driving forward DAC system engineering in the Hamburg metropolitan region – an essential future climate change mitigation technology.”
“Together with our partner DACMA GmbH, we are delighted to be building the first DAC machine on the HAMBURG BLUE HUB site in the Port of Hamburg. The 30-60 tons output of CO2 annually of the DACMA machine can later be used to produce e-methanol for the Port of Hamburg, for example. This is a joint milestone, as it fits in with the plan to purchase large volumes of synthetic fuels from Power-to-X plants in Africa and South America for Germany through the HAMBURG BLUE HUB”.
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