CEPSA’s Post

📰 We are back with another edition of "This Week in CDR" - a weekly round-up of the top news and developments from the world of durable carbon removal! 📝 From the EPA issuing draft permits for a 500,000 tonne capacity DAC facility 🌍 To more fundraises and strategic partnerships that continue to drive the industry 📅 This has been yet another eventful week in CDR 📣This week's edition features: ➡ 1PointFive | US Environmental Protection Agency (EPA) ➡ Supercritical | Exomad Green ➡ Carbyon | Siemens Financial Services | Omnes | Global Cleantech Capital | Invest-NL | Innovation Industries | Lowercarbon Capital ➡ CarbonX Climate | Redstone | ENGIE New Ventures | PROfounders Capital ➡ Nori ➡ Montana Technologies | Clairity Technology ➡ RMI ➡ Puro.earth | Frontier 🔎 Read on to learn more. 📊 As we look forward to sharing the Q3 Durable CDR Market Update Report next month, we request all Portal members to get their orders updated on our Portal, so that we can have the most accurate, up-to-date data on CDR to help bring out key insights and trends to accelerate the industry forward. 🔎 ICYMI, we started "CDR Pulse" this week - a new series of poll on CDR across areas such as policy, markets, social and environmental impact, science and technology, to name a few. Check it out in the comments below and participate in the first edition. ✅ Join over 400 companies and sign up for the Portal to gain durable CDR market insights, showcase your company’s profile and progress, and get on the CDR map: https://lnkd.in/gxwfgckC

Cleantech Group is committed to global innovation, recognizing that great solutions can come from anywhere and need for decarbonization and environmental protection must be achieved everywhere. To support this, we will be putting the spotlight on the Asia-Pacific region each quarter, inviting local insights and highlighting key companies. This time, our guest contributors answered the open question: “What has happened this quarter in your country/region of most significance to cleantech innovation?” 🇳🇿Ashwath Sundaresan (Associate Partner, Pacific Channel), 🇮🇳 Priya Shah (Founder & GP, Theia Ventures), 🇸🇬 Louis Christian V. (Partner, Antares Ventures), and 🇸🇬 Andrew Wong (Director, TRIREC) shared their views on the latest developments in their region. From New Zealand's shifts in climate policy and corporate adjustments to Southeast Asia’s urgent need for energy transition and investment in grid modernization, it is clear that progress is happening, even where targets set are not being fully met.  https://hubs.li/Q02YbCNs0

The newest issue of Stantec ERA has been published! The Reimagine Issue focuses on how we can reuse resources, repurpose assets, and rethink conventional wisdom to address the world’s energy, resources, and water challenges. We will promote the full issue and the individual stories over the next several weeks. Please share with your colleagues and peers!

NEW RESOURCE: The Carbon Business Council’s latest policy primer on Demand-Side Support Policy for Scaling CDR is now live! Dive into the various forms of demand-side policy for #CarbonRemoval, developed by a working group of leading companies and nonprofits convened by CO2BC. The policy primer: 🖍️Highlights the reasons for implementing demand-support policy for CDR 🔍Identifies policy mechanisms that can provide support for CDR 📘Offers a set of best practices for policymakers and advocates to implement a robust portfolio of demand-support policy across geographies and at every level of government.

ICYMI: Coalition for Green Capital, the first U.S. national green bank is open for business! Missed the chance to join one of our recent webinars? Check out “Day One and Beyond”. You’ll: 🤝Meet the team 🌳💰Learn more about our vision for a carbon-free future 🌎Discover how we can put public capital to work in communities to reduce emissions and protect the planet!

Private sector demand in the voluntary carbon markets can’t do it alone. To meet the demand and funding support to reach the 100Mt Carbon Dioxide Removal target by 2030, significant policy intervention is required. As part of the working group, Arca helped the Carbon Business Council develop the Policy Primer on Demand-Side Support for Scaling CDR. This primer not only outlines the rationale for implementing demand-side support policy but also explores a range of specific policy mechanisms and best practices to adopt to achieve multi-Gt annual scale CDR. #GreatPlaceToWork #GreatPlaceToRock #CarbonDioxideRemoval #RockingCO2 #environment #climatechange #innovation #climateaction #carbonremoval

This afternoon’s panel on Supportive Policies for Indigenous Clean Energy Projects featured an outstanding lineup of speakers, including Zux̌valaqs Leona Humchitt, MBA (Climate Action Coordinator, Heiltsuk Nation), Sean Nang Hl K'aayaas Brennan (Project Implementation Manager, T’ll Yahda Energy), Chief Danielle Shaw (Chief Councillor, Wuikinuxv Nation), and Dr. Clifford Atleo (Associate Professor, Simon Fraser University). The panel was moderated by Sarah Ozog (PhD Candidate, Simon Fraser University). The discussion explored the critical role of government policies in enabling First Nations to lead and benefit from clean energy projects. Panelists addressed the importance of fostering community-driven initiatives, integrating Indigenous knowledge into practical energy solutions, and promoting sovereignty and sustainability through robust policy frameworks. This engaging session provided attendees with actionable insights into creating supportive policies that empower Indigenous Nations as leaders in B.C.’s clean energy future. #FNES2024 #CleanEnergyBC #IndigenousLeadership #EconomicReconciliation #PolicyInnovation

🔥 Big day for policy advocates! We’re excited to release our Demand-Side Support for Scaling Carbon Dioxide Removal Policy Primer today, diving deeper into policy that provides demand support for the full portfolio of CDR solutions we will need to meet our climate goals. https://lnkd.in/gHDzGCXu Our Policy Primer: 🖍️Highlights the reasons for implementing demand-support policy for CDR 🔍Identifies policy mechanisms that can provide support for CDR 📘Offers a set of best practices for policymakers and advocates to implement a robust portfolio of demand-support policy across geographies and at every level of government 🙏CO2BC was proud to convene this  working group of members and observers from a variety of institutions. We thank our members and working group colleagues for contributing their expertise and knowledge to this policy primer! 🤝 We’re excited for this primer release, and acknowledge the ongoing work of our peers as we all work towards #gigatonscale carbon removal + building demand. Shoutout to Boston Consulting Group (BCG) and @Third Way for their literature in this space. ⚖️Members include: Alexander Gagnon (Banyu Carbon); Andrew Denu, (Andes); Christian Theuer, (Heirloom); Greg Humphries (Vycarb); Hannah Horowitz (Lithos Carbon); Lauren Breynaert (Myno Carbon); Radhika Moolgavkar, JD; Sean Lowrie (Arca); Simon Manley (UNDO); Spencer Anderson (Noya); Varsha Ramesh Walsh (Offstream (YC S24)); Christiaan Gevers Deynoot; Jeff Norton (VGrid Energy Systems); Sebastian Manhart (Carbonfuture); Tim Preisenhammer (Eion); Shaw Newman; Mariano Ruiz Funes Molina (Drax Group); Mira Nagarajan (Origen); Racheal Notto (Kita); Tara Bojdak (Captura). Observers include: Sahaj Kumar (Counteract); Wendy Lu Maxwell-Barton (International Biochar Initiative) #carbonremoval #policysupport #demandside #climatechange

With the incredible news/drama coming from the Science Based Targets initiative this week on the plan to allow companies to use carbon credits to offset greenhouse gas emissions from their value chain - we will be using our next Scope 3 Peer Group meeting on 24 April (2-4pm) to run a huge group discussion and debate around it with some special guests. You can read the leaked letter from SBTI staff here: https://lnkd.in/esASGXqx You can apply to join the Scope 3 Peer Group - as a scope 3 practitioner -here: www.scope3peergroup.com. I wonder if two hours will be enough...! My feeling is we need to encourage calm and considered thought around it. One thing those that are on the verge of securing senior executive support for massive transformation don't need, is drama. On the other hand, I can't help feeling that to make the transition we need to in the next 6 years - something big needs to change... What do you think? https://lnkd.in/ezyc9fxD

Yesterday Chestnut Carbon Chief Commercial Officer Shannon Smith participated in the Reuters Sustainable Business "Carbon Market Debate", discussing how Chestnut's 100% carbon removal credits will be available at scale, more cost-effectively, than any engineered solution on the market today. The lively discussion included the need for companies to invest in decarbonizing their own value chains, but recognition that carbon removal will be necessary for any to achieve net zero targets. We shared optimism that organizations like the ICVCM will help bring standardization to quality assessment, and progress like this will increase buyer confidence. Most importantly, we all believe the carbon markets are evolving and removal will play a critical role in addressing the risks of climate change. Chestnut is thrilled to be part of the solution.