Carbon Removal Newsroom

SBTi, Scope 3, and Carbon Removal

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Sinopse

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 susta