9. Beyond Net Zero - Growing the Market for Carbon Dioxide Removals PDF 229 KB
Forward Plan Ref: 2024/330
Contact: Sarah Gilbert, Head of Climate Action (Sarah.Gilbert@oxfordshire.gov.uk)
Report by Director of Economy and Place (CA9).
The Cabinet is RECOMMENDED to:
a) Note the underdevelopment of the market for Carbon Dioxide Removal (CDR) technologies, and the risk this creates for meeting net zero.
b) Support the recommendations to scale the market for CDRs through the council’s policy making and partnership activity, growing both the supply and demand side of the market, subject to funding.
c) Subject to funding, commit to go ‘Beyond Net Zero’ - extending the council’s current carbon neutral target for the council’s own estate emissions to be ‘beyond zero’, with a target figure to be agreed at a later date.
Additional documents:
Decision:
Recommendations approved.