Where Are the Buyers?
Episode 14 of the Carbon Removal Newsroom podcast, hosted by Carbon Removal Strategies LLC, titled "Where Are the Buyers?" was published on January 20, 2023 and runs 42 minutes.
January 20, 2023 ·42m · Carbon Removal Newsroom
Summary
Where are the buyers? That’s the question CDR-observer and climate advisor Robert Höglund asked in a much-discussed recent post. Höglund points out that while significant growth occurred for CDR through voluntary markets in 2022, the number of large buyers is low and growing slowly. He called the market “upside down”: lots of marketplaces, fewer companies doing removal, even fewer buyers. Today we’ll look at his post and use it as a jumping-off point to discuss some recent headlines in the business of carbon removal. Including- · CDR startups announcing new funding from oil and gas companies · The Guardian’s recent reporting claiming the climate benefit of Verra’s carbon offsets is overstated · Patch’s new offtake agreement format · Climeworks’ third-party verification of their DAC process · Should CO2 credits also include co-benefits? On This Episode Susan Su Na’im Merchant Radhika Moolgavkar Resources Höglund blog post Captura & 44.01 new fundraising Guardian’s reporting on Verra Verra’s response to the article Patch Offtake Climeworks announcement EPA EJ agreement Connect with Nori Nori Nori’s Twitter Nori’s other podcast Reversing Climate Change Nori’s CDR meme twitter account
Episode Description
Where are the buyers? That’s the question CDR-observer and climate advisor Robert Höglund asked in a much-discussed recent post.
Höglund points out that while significant growth occurred for CDR through voluntary markets in 2022, the number of large buyers is low and growing slowly.
He called the market “upside down”: lots of marketplaces, fewer companies doing removal, even fewer buyers.
Today we’ll look at his post and use it as a jumping-off point to discuss some recent headlines in the business of carbon removal. Including-
· CDR startups announcing new funding from oil and gas companies
· The Guardian’s recent reporting claiming the climate benefit of Verra’s carbon offsets is overstated
· Patch’s new offtake agreement format
· Climeworks’ third-party verification of their DAC process
· Should CO2 credits also include co-benefits?
On This Episode
Resources
Captura & 44.01 new fundraising
Verra’s response to the article
Connect with Nori
Nori’s other podcast Reversing Climate Change
Nori’s CDR meme twitter account