Carbon Removal Newsroom

CDR Industry Responds to Scrutiny

Oct 31, 2023

The podcast discusses the increasing scrutiny on carbon removal companies, responsible deployment of projects with community engagement, social responsibility measures in startups, challenges in the industry, communicating the efficacy of carbon removal, and the development of Article 6.4 of the Paris Agreement.

38:20

Creator website

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

A carbon removal trade group has launched the Responsible Deployment Training program to help companies deploy carbon removal projects responsibly, addressing concerns about the potential impact on local communities.

The upcoming COP28 will shine a spotlight on the carbon removal industry, fostering cohesion, consensus, and growth within the industry.

Deep dives

Carbon removal companies face scrutiny over local community concerns

As carbon removal companies gain more attention, there is increasing scrutiny regarding the potential impact of their projects on local communities. To address this, a carbon removal trade group has launched the Responsible Deployment Training program to help companies deploy carbon removal projects responsibly. The program includes an online course that covers foundational concepts for community engagement and provides resources on how companies can initiate community engagement.

Introduction

2min

Responsible Deployment and Community Engagement

4min

Social Responsibility Measures and Awareness in CDR Startups

3min

Challenges and Opportunities in the Carbon Removal Industry

2min

Communicating the Efficacy of Carbon Removal

23min

Development of Article 6.4 of the Paris Agreement

5min

As CDR’s notoriety increases, so too does the scrutiny upon it. Carbon removal companies are beginning to deploy in communities, and are facing local concerns about the effect their projects will have communities. As these companies work to communicate the benefits of their projects, a CDR trade group is announcing a new program to help companies responsibly deploy carbon removal.

Scrutiny of CDR continues in the press as well.

An article from Reuters tracked the growing effort to standardize and legitimize CDR as startups and marketplaces try to attract large corporate buyers, showing that the industry is now front and center on business pages worldwide.

And the year’s biggest climate event is around the corner. A group of CDR organizations, including one led by today’s guest, are working to ensure the industry is ready as the global climate spotlight prepares to turn on them. The debates over CDR at COP28 will surely be contentious, and we’ll hear about a new effort to make the carbon removal community ready for when that happens.

Locally, and globally, from communities to newsrooms to international bodies, CDR is under scrutiny like never before. In this episode, we’re discussing what the industry can do to respond and continue to grow.

On this episode we’re joined today by Ben Rubin, the Carbon Business Council’s Executive Director, a trade organization representing over 100 CDR businesses. Welcome, Ben.

We’re also joined by our regular policy panelist, Susan Su, a partner focused on climate investing at TOBA Capital. She also serves as a board member of the Carbon Business Council and a board advisor to the Environmental Voter Project.

On This Episode

Ben Rubin

Susan Su

Asa Kamer

Resources

Carbon Business Council

CDR RDT

Confidence Ebbs in Carbon Markets- article

Study: 13% of Renewable Projects that Face Opposition are Completed

Reuter’s ‘Wild West’ article

“Three Big Letters in CDR are MRV”

CDR.fyi