Europe has a lot happening for carbon removal, and on several different levels. What is the state of CDR policy and industry?

Today's episode has Nori's VP of Supply and Methodology, Radhika Moolgavkar, on hosting duties, and Sylvain Delerce, the Associate Research Direct of Carbon Gap, joining the show to catch listeners up on Carbon Gap and the latest on European carbon removal news.

Sylvain highlights the European Union's efforts to structure and fund the industry amidst broader regulatory efforts, and how Carbon Gap fits into the ecosystem.

The conversation also covers the importance of distinguishing carbon removal from carbon capture and storage (CCS) in policy texts, the need for a clear EU vision on CDR, and the potential impact of the Net-Zero Industry Act and the Carbon Removal Certification Framework on the industry. Sylvain also discusses the role of individual European countries in advancing CDR and the potential for France to deploy significant carbon removal solutions by 2050.

On This Episode

⁠⁠⁠⁠⁠Radhika Moolgavkar⁠⁠⁠⁠

Resources

"Decoding the Net-Zero Industry Act – Implications for carbon removal" by Carbon Gap

"Envisioning a carbon removal strategy for Europe" by Carbon Gap

The Science Based Targets Initiative (SBTi) recently came out and announced they would be issuing guidance for how some carbon offsets may be used to address Scope 3 emissions (activities beyond direct business operations and energy). This set off a firestorm of protest within and outside of SBTi, as well as some calls of support.

It was essentially a tabula rasa one could project one's carbon hopes and fears onto: would this lead to increased financing of sustainability efforts, or result in a race to the bottom of low-quality credits finding a new market? Something in-between, or just too early to tell?

In today's episode of Carbon Removal Newsroom, host ⁠⁠⁠Radhika Moolgavkar⁠⁠⁠, Nori's VP of Supply and Methodology, is joined by her business panelists ⁠⁠⁠Susan Su⁠⁠⁠, a venture capitalist at Toba Capital, and ⁠⁠⁠Na'im Merchant⁠⁠⁠, the Co-founder and Executive Director of Carbon Removal Canada, to make sense of this news.

They also cover other CDR industry headlines from April, including sustainable aviation fuel, biochar in the global south, and significant subsidy announcements from Denmark and Canada for carbon removal projects.

On This Episode

⁠⁠⁠⁠Radhika Moolgavkar⁠⁠⁠⁠

⁠Susan Su⁠

⁠Na'im Merchant⁠

Resources

"Inside the Controversy That's Divided the Carbon Offsets Market" at Bloomberg

"SBTi is committed to robust governance and will not shy away from debate" by Luiz Amaral, CEO, Science Based Targets initiative (SBTi)

"Carbon Offset Market Faces Chaos as African Mega-Project Collapses" at Bloomberg

"Removals are better than some reductions - The case of electrofuels for aviation" by Robert Höglund

2023 Global Biochar Market Report

Captura's fundraising news

Mission Zero's fundraising news

Carbon removal is sometimes thought to be enjoying policy tailwinds. But is it anywhere close to what we need to avoid the worst of climate change?

A new report from the Rhodium Group suggests the CDR industry is receiving about 1% of what it would need to reach a one CO2 gigatonne/year capacity! Our regular panelists, Drs. Holly Jean Buck & Wil Burns discuss the challenges of government budgeting, politics, eminent domain, profit-sharing Community Benefits Agreements, and so much else as this industry tries to scale.

On This Episode

⁠⁠Wil Burns⁠⁠

⁠⁠Holly Jean Buck⁠⁠

Asa Kamer

Resources

Rhodium Group's "The Landscape of Carbon Dioxide Removal and US Policies to Scale Solutions" report

Connect with Nori

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Nori’s other podcast ⁠⁠Reversing Climate Change⁠⁠

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