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policy instrument
Luxembourg Negative Emissions Tariff (L-NET)
Jurisdiction countryLuxembourg
Instrument typeprocurement
Authoritygovernment
Scopecarbon removal only
Statusproposed
DetailBill deposited in November 2022 by Deputy Sven Clement. Designed as a feed-in tariff (FIT) mechanism for carbon dioxide removal. Eligible projects can enter five-year contracts with Luxembourg's government to benefit from subsidies for atmospheric CO2 removal or long-term CO2 sequestration. Financial support is based on delivered quantity of removed or sequestered CO2. Projects must be majority-ow
Stated statusproposed
Pathway scopeall-cdr
Pathway notesubsidies for 'atmospheric CO2 removal or long-term CO2 sequestration' generally, not limited to a named pathway
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