Ex-specialist from the Department of Energy, focusing on carbon reduction, aligns with standards organization
In a bid to build standards for carbon dioxide (CO2) removal with the rigour and perspective the market demands, Absolute Climate, a leading player in the carbon removal industry, has made significant strides.
Peter Minor, the CEO of Absolute Climate, emphasised the importance of clear and independent standards as carbon removal moves into global markets. He stated that the industry's credibility depends heavily on these standards.
To ensure that the standards are built with perspective, Grant Faber, an expert in shaping federal carbon removal programs, will oversee carbon standard development at Absolute Climate. Faber brings a wealth of policy, market, and technical expertise in carbon removal, having worked at the U.S. Department of Energy shaping and managing related programs.
Carbon removal credits are created by projects that absorb CO2 from the air or oceans and store it underground or in long-lasting products. However, a challenge for these companies and their credit buyers is determining the reliable CO2 collection and storage of each project. Absolute Climate is addressing this challenge by making moves to enhance the legitimacy of carbon dioxide removal credits.
In this regard, the company has hired a former leader of the Energy Department's direct air capture hub program. Additionally, Mike Brune, a former head of the Sierra Club, has been named to Absolute Climate's advisory board. Brune's experience leading major environmental campaigns will help Absolute Climate ensure that its standards are built with rigour.
The hiring of a former Energy Department leader and the appointment of Mike Brune and Grant Faber are part of Absolute Climate's broader efforts to enhance the legitimacy of carbon dioxide removal credits.
Lastly, Absolute Climate is committed to establishing clear and independent standards for carbon dioxide removal. With the expertise of Faber, Brune, and Minor, the company is well-positioned to lead the way in this crucial area.
As the world grapples with the effects of climate change, the need for reliable and rigorous standards in carbon dioxide removal is more important than ever. Absolute Climate's efforts to address this need are a significant step forward in the fight against climate change.
In conclusion, Absolute Climate's focus on building clear and independent standards for carbon dioxide removal, coupled with the expertise of its leadership team, makes it a key player in the global effort to combat climate change. The company's commitment to enhancing the legitimacy of carbon dioxide removal credits is a testament to its dedication to ensuring that the carbon removal market is credible and trustworthy.
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