On January 6, 2022, OpenAir will be hosting a webinar dedicated to the Negative Emissions Tariff that is set to be introduced as legislation in the Luxembourg Parliament this year.
The Tariff is a new carbon dioxide removal (CDR) policy concept and it is partially modeled after Germany’s successful renewable energy feed-in tariff.
Registration for the event is free.
During the webinar, OpenAir advocates Kasia Mikoluk and Chris Neidl together with Luxembourg Member of Parliament Sven Clement will provide a detailed explanation of the Luxembourg Negative Emissions Tariff, or L-NET.
One of the main objectives of L-NET is to promote investment in CO2 removal projects, both locally and globally. Specifically, the goal is to reduce costs faster and boost scaling of verifiably effective carbon removal solutions.
MP Clement was among the co-developers of the L-NET concept, along with OpenAir through a Collective Intelligence Relay (CIR) process that included the input of subject experts and ideas from the broader public.
The webinar will be followed by a two-week comment window, during which participants are welcome to submit any additional comments or recommendations.
After these two weeks, the final policy will be approved and drafted into legislation.
It is set to be introduced in February 2022.
Following its introduction in Luxembourg, the international OpenAir community plans to see the L-NET policy spread to multiple other countries around the world.
