News A new Bill Gates-backed project wants to make carbon removal more legit

[News]

A small-scale model of a carbon removal facility during a groundbreaking ceremony at the Occidental Petroleum and 1PointFive Direct Air Capture (DAC) plant in Ector County, Texas, on April 28th, 2023. | Photo: Getty Images

Companies are increasingly turning to newfangled ways to take carbon dioxide out of the atmosphere as a way to hit their sustainability goals. But who’s watching to make sure these tactics are working?

A new project called the Carbon Removal Standards Initiative (CRSI) launched today, with the goal of helping develop standards for efforts to draw down and sequester CO2. It comes as big names in tech scale-up investments in carbon dioxide removal (CDR), even though there are still concerns about whether those technologies will be able to prove themselves at commercial scale.

Who’s watching to make sure these tactics are working?

CDR can look like many different things — building an industrial facility to filter CO2 out of the air or s...

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