There's lots moving recently in the world of carbon removal! We're thrilled to announce our newest Policy Primer on Demand-Side Support for Scaling Carbon Removal, developed by a working group of leading CDR companies and NGOs convened by the Carbon Business Council. Next week, our team will be heading to Climate Week in New York City; we look forward to seeing many of you there in person. You can reference our curated calendar of key CDR events for all that's moving next week in the City. Read on for the latest innovator highlights, policy updates, and intel on carbon removal. 

🔨 Demand-Side Support for Scaling CDR: Policy Primer 🔨

The Carbon Business Council has published the Demand-Side Support for Scaling Carbon Dioxide Removal Policy Primer. This publication was developed by a working group of experts convened by CO2BC. As the publication notes, a particular priority at the CDR market’s current early stage is to advance policy that provides demand support for the full portfolio of CDR solutions we will need to meet our climate goals. The policy primer highlights reasons for implementing demand-support policy for CDR; identifies demand-support policy opportunities; and offers a set of best practices for policymakers and advocates to advance the portfolio of demand-support policies for CDR. We invite you to read it today!

💡 Innovator Highlights💡 

Holocene and Google announced a purchase agreement geared towards the word's first $100/t for DAC credits and a delivery of 110k tons by the early 2030s. UNDO has secured the world's first debt financing for carbon removal in partnership with Standard Chartered, British Airways, CUR8, and more. Flux announced a partnership with the Nigerian Federal Government to implement enhanced weathering across key agricultural regions. Origen announced it signed an agreement on engineering studies for a carbon removal project at the Pelican Direct Air Capture Hub, in partnership with Mitsubishi and Shell. CarbonX announced the closing of a new investment round and partnership. DAC startup Ucaneo raised $7.45m in seed funding. Great Carbon Valley and Yama announced a strategic partnership to advance DAC projects in East Africa. Skytree partnered with Scanfil for the development of new units in the US and Europe. DAC company Carbyon raised $16.9m in a Series A funding round. Supercritical partnered with Exomad Green. TotalEnergies signed a $100m agreement with Anew Climate and Aurora Sustainable Lands for 20 carbon projects. Isometric and Puro.earth have been selected as qualified credit issuers for Frontier. CarbonCapture Inc. is relocating Project Bison. Ebb Carbon has published its MRV protocol. 1PointFive announced that it has been awarded up to $500m in funding from the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED), supporting the development of a large-scale DAC hub in Southern Texas. CEEZER announced the graduation of its second cohort including CO2BC members Heimdal, SeaO2, and ZeroEx.

⚖️ Policy Highlights ⚖️ 

In the U.S., the Department of Energy in collaboration with the Office of Clean Energy Demonstrations and the Loan Programs Office hosted an Appalachia Regional Deploy Dialogue focused on networked carbon management infrastructure and published insights here. ARPA-E issued a Request for Information (RFI) seeking engineering solutions for harvesting and processing biomass for durable carbon removal and storage; responses are due Sept 27. The U.S Environmental Protection Agency (EPA) issued three draft permits (Class VI) to Oxy Low Carbon Ventures for the storage of carbon dioxide in Texas. Internationally, the German Environment Agency published a new resource titled Assumptions on potentials for Carbon Dioxide Removals in the EU: A review of recent European Commission impact assessments. 

CO2BC Director Isabella Corpora moderated a panel at Carbon Unbound Europe last week on "The Status Quo on European CDR Policy: Setting a Benchmark". Featured here, from left: Isabella; Giulio Volpi, Policy Coordinator, Directorate General for Climate Action, European Commission; Helen Bray, Vice President- Policy, Puro.earth; Adina Braha-Honciuc, Global Policy Director - Climate and Environment CDR Lead, Schneider Electric; Jay Shah, Head of UK ETS Strategy, Department for Energy Security and Net Zero, UK Government. 

🔈 Intel & Updates 🔈

⚖️ CO2BC published the Demand-Side Support for Scaling Carbon Dioxide Removal Policy Primer.  

📅 Climate Week is next week! Check out our full Climate Week New York calendar curating all the CDR events.

💸 Santander and XPRIZE hosted the Carbon Removal Capital Summit last week in San Francisco, with over 600 attendees. Find more here. 

📍Meta announced that it is leaving Frontier to pursue in-house CDR investments. 

⚡ AirMiners has finalized its Kiloton Fund Selections, choosing 20 startups across the carbon removal industry. Shopify has offered an additional $100k purchase to each team. 

👜 Milkywire is offering companies to purchase credits from the carbon removal suppliers they have been supporting. 

📕 The CCS+ Initiative published a US guide to an integrated carbon accounting infrastructure for the industrial carbon management market.

🗞️ RMI and Third Derivative published a report titled Breaking Barriers in Carbon Dioxide Removal with Electrochemistry.  

✈️ This press release highlights American Airlines' work with CDR.

🏅 Gold Standard is working on adding more CDR methodologies to its registry of certified projects. 

🌱 Grist published its list of 50 climate leaders including Dr. Jennifer Wilcox.

🕰️ Frontier is hosting office hours for those interested in its offtake agreement template that was recently made publicly available. 

🔎 Findings from Scope 3 workshops hosted by Oxford Net Zero and Grantham Institute at Imperial College London have been published. 

🌊 The Institute for Responsible Carbon Removal published an article titled Engaging Communities on Ocean Alkalinity Enhancement: Insights from Two Workshops in Sequim, Washington. 

🌋 A new study in Science Direct was published titled Techno-economic analysis of geothermal combined with direct and biomass-based carbon dioxide removal for high-temperature hydrothermal systems.  

📈 A new study in Nature was published titled The feasibility of reaching gigatonne scale CO2 storage by mid-century.  

☕ Spiritus is offering to remove the carbon emissions generated by Starbucks CEO Brian Niccol’s private jet travel in proposed exchange for pumpkin spice lattes. 

🔨 Noya, Vaulted Deep, and Shopify are hosting the CDR and Decarbonization Community: Play, Learn, Connect webinar on Sept 23.

🎓 Terra.do is hosting a course titled Carbon Removal Technologies and Risks. Enrollment is open until Sept 25. 

💡The Activate Fellowship has applications open and due Oct 23. 

The Carbon to Value Initiative Year 4 Kickoff is on Sept 19 in Houston, Texas https://lu.ma/x202y69w?tk=sxdVFv

🔺 Applications are open for Third Derivative’s accelerator program and due Oct 26.

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