Published Jan 5, 2024

Fixing the messy voluntary carbon market | Catalyst with Shayle Kann

Dive into the complexities and potential solutions for the voluntary carbon market, as Ryan Orbuch and Shayle Kann explore innovative carbon removal protocols, the need for market reform, and the fight against fraud to genuinely contribute to environmental goals.
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Episode Highlights

  • Methodologies

    Emerging methodologies in carbon removal are reshaping the market landscape by introducing modular protocols. explains that these protocols are developed in partnership with suppliers and experts, allowing for flexibility and updates as scientific understanding evolves 1. This modular approach contrasts with traditional registries that have numerous overlapping methodologies, making it difficult to standardize processes. emphasizes the importance of creating a system that is both contractable and adaptable to scientific changes, ensuring consistency in carbon credit delivery 2.

    The supplier needs the instruction set to deliver against, and the value for this needs to be in this range for that to count.

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    These new methodologies aim to provide a clear framework for suppliers to follow, ultimately leading to more reliable carbon removal outcomes.

       

    Uncertainty

    Scientific uncertainty poses significant challenges in the carbon removal sector, particularly in measurement and verification. notes that while these methods are often cheaper than engineered solutions, they come with complex measurement challenges, especially in areas like oceans and soils 3. highlights the need for a dynamic feedback loop that adapts to evolving scientific knowledge, ensuring that carbon removal efforts are effective and credible 4.

    We're learning new stuff about carbon removal and even just forest science all the time.

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    This approach requires a shift from an accounting-first to a science-first mindset, allowing for adjustments as new information becomes available.

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