CarbonSmart '24: Discussion on Corporate Carbon Removals

At the CarbonSmart Summit 2024, Ceezar and EY released their report, “Creating Value With Green Carbon.” Flowcarbon Chief Business Officer Martin Kessler took the stage with Magnus Drewelies, Ceezer, Aaron Neuville, EY, and Tomas Thyblad, NASDAQ to discuss the key themes of the report, which serves as a resource for companies looking to make informed decisions about their climate strategies. The panelists co-authored this paper to address a key question facing business leaders today: Should companies invest in carbon capture and storage (CCS) technology, purchase carbon dioxide removal (CDR) credits, or pursue a combination of both? 

Some great insights include:

• Magnus Drewelies, CEO & Founder, Ceezer: "It's crucial to invest in CCS (carbon capture and storage)  infrastructure early to monetize CDR and gain long-term benefits in compliance markets."
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• Aaron Neuville, Partner, Climate Change and Sustainability Services, Energy & Decarbonization, EY: "Corporates should start building a CDR (carbon dioxide removal) portfolio gradually to adapt to regulatory changes and create value with green investments."
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• Tomas Thyblad, Vice President Head of ESG Solutions, European Markets, Nasdaq: "Credibility and trust in carbon removal assets are foundational for scaling the CDR market and supporting corporate decarbonization efforts."
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