DOE's Responsible Carbon Management Initiative and CDR Purchase Pilot Prize

Explore the U.S. Department of Energy's Responsible Carbon Management Initiative and Carbon Dioxide Removal (CDR) Purchase Pilot Prize in this informative 40-minute webinar. Learn about the DOE's efforts to promote safety, environmental stewardship, accountability, community engagement, and societal benefits in carbon management projects. Discover the goals of the Office of Fossil Energy and Carbon Management (FECM) for encouraging responsible carbon management in the CDR sector and beyond. Gain insights into the CDR Purchase Pilot Prize, a groundbreaking program for procuring high-quality CDR credits directly from domestic suppliers. Understand how this initiative aims to catalyze demand for high-integrity CDR credits, streamline due diligence processes, and establish best practices for measurement, reporting, and verification procedures. Hear from key DOE officials Rory Jacobson and Haley McKey as they discuss program implementation, early learnings, and the potential impact on the carbon removal industry.