Corporate carbon removal demand lags despite net-zero commitments, survey finds

A survey of 25 large companies with net-zero commitments in the UK, Germany, France, and the US indicates a lack of near-term demand for carbon dioxide removal (CDR) credits. Conducted by Carbon Business Council and Bellwether Research, the study found companies view CDR as a future concern rather than a present procurement issue. Key factors contributing to this reluctance include a lack of detailed understanding of CDR for procurement and claims, and policy uncertainty. The findings suggest that current corporate intent alone is insufficient to scale high-quality CDR supply, prompting calls for policy intervention.