Isometric

The Isometric Science Team will be attending AGU in Washington, D.C. in a couple weeks. In addition to the five posters Isometric scientists are presenting and the session Isometric is co-convening, Isometric is also hosting an invite-only Happy Hour on the evening of Wednesday December 11th (directly following Day 3 of AGU). If you work in CDR and will be at AGU, you can see more info and register here: https://lu.ma/pz0w8dp2

Isometric recently certified an update to the Energy Use Accounting Module for carbon dioxide removal (CDR). The module details how to calculate emissions associated with the generation and use of electricity and heat in CDR projects. Accurately calculating the emissions associated with energy usage is an important part of determining how much carbon dioxide a project actually removes from the atmosphere. The updated module is applicable to all CDR pathways and is particularly relevant for Direct Air Capture (DAC). For the direct procurement of low-carbon power, the industry norm is to match how much power is procured to how much power a project needs annually. The module requires that the amount of power procured for a project is matched to a project’s usage on an hourly basis. This is especially important for projects relying on intermittent renewable energy sources, such as solar and wind. Hourly matching is not feasible in all grid regions today as the needed technology, data and market mechanisms are not yet widely available. The revised module therefore introduces a staged approach to phasing in hourly matching requirements. This is key to building and operationalizing DAC projects today as the energy industry is years away from being able to widely support hourly matching. The updated module allows projects to use conventional annual matching—if hourly matching is not possible—until 2028. These requirements are also aligned with emerging CDR policy, including the European Union’s Carbon Removals and Carbon Farming (CRCF) regulation. Isometric recently co-hosted a workshop on these topics in San Francisco with more than 50 industry leaders. The resulting conversations reflected the range of views on this important topic. The staged approach contained in the updated module has broad support from the CDR industry and reflects a shared understanding that this is a key step in building and scaling DAC in a responsible way. Read more: https://lnkd.in/eiMCcK6A

Isometric Chief Commercial Officer Lukas May shares below insights from his time at COP29. Article 6 could provide a foundation for tackling the issues with trust and quality in today’s carbon markets. Read to learn more about this—and express your interest in collaborating on carbon removal's presence at COP30.

Isometric today released a protocol for carbon dioxide removal (CDR) via wastewater alkalinity enhancement (WAE) for public consultation. Wastewater treatment is a perfect candidate for carbon removal. Adding alkaline materials, such as finely crushed limestone, to the biological treatment of organic waste creates bicarbonate ions, which do not enter the atmosphere. The bicarbonate ions remain in the wastewater stream, continue through the remaining treatment steps and are discharged to a river or other body of water. The reacted carbon dioxide does not get released during the wastewater treatment process and is instead transported to the ocean, where it is sequestered for tens of thousands of years. Wastewater treatment processing and discharge is safe, regulated and highly monitored. WAE has high scaling potential because it is a straightforward addition to this well established process, leverages existing infrastructure and is relatively low cost. This industry-first protocol takes a scientifically rigorous approach to monitoring, reporting and verification (MRV) for WAE. Three key elements of the protocol ensure that buyers and suppliers can have confidence that any credit issued under Isometric’s WAE protocol represents a tonne of carbon dioxide durably removed from the atmosphere. Precise direct measurements are possible because the WAE process takes place within a controlled environment where inputs and outputs of alkaline materials and carbon dioxide can be directly measured. Downstream losses—when some carbon dioxide may still enter the atmosphere after discharge—are conservatively accounted for through the use of well established riverine and ocean models. Baseline emissions of existing wastewater treatment plants are defined, so the lifecycle analysis only needs to account for emissions that are additional beyond business-as-usual operations. Carbon removal supplier CREW Carbon, a leading WAE supplier, has provided extensive feedback during the development of this protocol. CREW is the first supplier signed up to issue credits under the Isometric protocol. This protocol was developed in line with the Isometric Standard and was created in collaboration between Isometric’s in-house Science Team and reviewers from Isometric’s independent Science Network of over 300 scientific experts. Comments on this protocol are welcome from interested buyers, suppliers and scientists during the 30-day public consultation period. Read more at the first link in the comments.

Isometric recently released a protocol for carbon dioxide removal (CDR) via reforestation for public consultation. This brings Isometric’s scientific rigor and tech-enabled transparency to the reforestation industry. The protocol reflects the best available science, offers flexibility for the operational variety of suppliers and includes the innovative technology solutions available in digital monitoring, reporting and verification (MRV). Three key MRV innovations that are included solve long-standing issues in forestry based carbon removal: tech-first quantification, dynamic baselines and a new approach to leakage and life cycle assessments. The public consultation period ends November 17th. Scientists, suppliers, buyers and other interested parties should submit comments before the deadline.

💡 How can carbon removal be scaled to maximize benefits and minimize risks for local communities in the Global South? ✅ Join the Carbon Business Council and Climate Collective for a webinar on CDR technology in the Global South. Date & Time: 🗓 Wednesday, November 13, 2024 🕛 12:00 - 1:00 pm EST 🗣️This is a unique opportunity to explore how digital infrastructure can strengthen the responsible growth of carbon removal in the Global South, featuring insights on responsible deployment, co-benefits, local partnerships, and potential trade-offs in resource use from: Anna Lerner Nesbitt, Climate Collective Neil H., Isometric Shrey Agarwal, Alt Carbon Specioser Mutheu, Octavia Carbon Isabella Corpora, (Moderator) 👉 Register here: https://bit.ly/48sNBws #ClimateTech #CarbonRemoval #ResponsibleDeployment

The Isometric team will be on the ground at COP29 next week in Baku meeting with policymakers, Article 6 negotiators, and stakeholders across the carbon removal industry. There are positive signs of momentum towards an agreement on Article 6, which could provide a foundation for tackling the issues with trust and quality in today’s carbon markets. Isometric Chief Commercial Officer Lukas May and Policy and Growth Manager David Armstrong are hosting a lunch for CDR stakeholders to discuss these issues and more. Express your interest today: https://lu.ma/leudz30d

Tomorrow Isometric Chief Science Officer Stacy Kauk, P.Eng. will host a webinar on the best practices for buying carbon dioxide removal (CDR) with leaders from Frontier, JPMorganChase, and the U.S. Department of Energy (DOE). Existing and prospective buyers, suppliers, scientists and other ecosystem partners will learn about the process of buying CDR, what to look for in carbon removal credits, and how to bring more demand into the market. Special guests include: Hannah Bebbington, Head of Deployment, Frontier Noah Deich, Senior Advisor, U.S. Department of Energy Taylor Wright, Head of Operational Decarbonization, JPMorganChase There are a few spots left, so register below: https://lnkd.in/ex2C6tas

Next week Isometric will host a webinar on the best practices for buying carbon dioxide removal (CDR) with leaders from Frontier, JPMorganChase and the U.S. Department of Energy (DOE). The webinar will be hosted by Stacy Kauk, P.Eng., Isometric's Chief Science Officer, with special guests: Hannah Bebbington, Head of Deployment, Frontier Noah Deich, Senior Advisor, U.S. Department of Energy Taylor Wright, Head of Operational Decarbonization, JPMorganChase Existing and prospective buyers, suppliers, scientists and other ecosystem partners should join to learn about the process of buying CDR, what to look for in carbon removal credits and how to bring more demand into the market. Register today—spaces are limited: https://lnkd.in/e7cetyha

The Isometric Revenue Calculator shows suppliers what monthly verification can do for their cashflow. Rigorous and fast monitoring, reporting and verification (MRV) is critical to scaling carbon dioxide removal (CDR). Today, verifying removals with traditional registries is manual and slow. That’s why Isometric has introduced a digital MRV (dMRV) platform which drastically reduces the time to crediting from years to weeks. Issuing credits this fast means suppliers can recognize revenue monthly, not once a year. This frees up critical cashflow to scale CDR operations, rather than forcing suppliers to have huge amounts of potential revenue locked away for up to a year. The Isometric Revenue Calculator can help suppliers understand what fast and rigorous verification through the dMRV platform could do for their cashflow. The calculator (and the detailed model that powers it) can help suppliers understand how much they can save in financing costs with monthly credit issuance. Learn more about what what monthly verification could do for a supplier's cashflow: https://lnkd.in/egRGMxAs