How do registries create carbon removal methodologies? Who should be involved in the process, and to what degree? How does one balance all of the competing attributes and stakeholders?
Today's episode is a show in three parts:
First, Nori co-founder and host ofReversing Climate Changeintroduces the context for the main segment which was recorded the better part of a year before its airing. He explores whether or not the quasi-regulatory requirement for registries not to also be marketplaces leads to proprietary methodologies.
Secondly, as Nori has closed down since the recording of this episode, Ross chats with Anu Khan, the Founder and Executive Director of the Carbon Removal Standards Initiative to discuss her work of building an ark for carbon removal methodologies and how that work informs policy and the growth of carbon removal.
Thirdly, is the original body of the podcast where Ross speaks with Radhika Moolgavkar, formerly the VP of Supply & Methodology at Nori, and Rick Berg, formerly Nori’s Director of Methodology, about the development of Nori’s Direct Air Capture + Storage methodology.
They discuss the importance of open methodology development for transparency and trust, and ungating their work so that others can use it and adapt it under the right Creative Commons licensure.
The nuts and bolts of how the expert advisory panel and public comment period work, as well as how that feedback filters back into the methodology, is explained.
The podcast also covers the decision behind selecting DAC amongst all of the other CDR methodologies, the challenges in methodology harmonization across registries and geographies, and how to handle the future of methodological updates as the industry evolves and more is learned.
Resources
Become a paid subscriber toReversing Climate Change
Read Nori's DAC+S Methodology (coming soon!)
Carbon Removal Standards Initiative
Nori's Creative Commons license
Stationary bandit theory
"The Constitution of No Authority" by Lysander Spooner
ICROA andICVCM