Carbon removal credits need to be much more trustworthy than carbon offsets are today in order to scale-up CDR.
On last week’s show, we covered the news that the voluntary carbon markets have shrunk this year. After many carbon offset projects have come under scrutiny, corporate buyers have grown more hesitant.
To prove that carbon removal is worth investing in and better than the status quo, project developers and sellers of credits will need to be able to prove that a credit sold actually means CO2 was removed from the air.
It’s one thing to do that in a lab when the technique is being developed in a lab. It’s another to do it at scale, in the field, in real-world conditions.
The tools available today won’t be enough to create market-wide trust. What software, MRV, and accounting technologies are being built today, that will manage the carbon markets of the future?
Dr. Anna Lehner at Carbonfuture is one of the people trying to answer this question. Today, we’re talking to Anna about how a wide range of CDR methodologies can be measured, quantified, certified, and sold to make it easy for buyers, all while creating more trust in the market.
On This Episode
Radhika Moolgavkar
Dr. Anna Lehner
Resources
Carbonfuture
Carbonfuture’s Trust Framework
SBTi Standards
cdr.fyi
Robert Höglund’s post on which companies are buying carbon removal
CCS+ Initiative
European CRCF
Connect with Nori
Nori
Nori’s Twitter
Nori’s other podcast Reversing Climate Change
Nori’s CDR meme twitter account
