This week on This Is CDR we are going to do something a little different. We are pleased to welcome OpenAir’s own Megha Raghavan and Toby Bryce to present the world premiere of the Carbon Dioxide Removal Leadership Act (CDRLA), a legislative policy proposal that has been researched, developed, drafted, and advanced by OpenAir’s policy advocacy team.
The CDRLA leverages the power of public procurement to accelerate and scale carbon dioxide removal via an innovative annual reverse auction mechanism, and is entirely funded by fees on hard-to-abate emission sources. OpenAir is actively working to advance the legislation in New York, California and a number of other states and jurisdictions.
Today Megha and Toby will review the general CDRLA policy framework; talk a bit about OpenAir’s policy development process; detail the New York version of the bill, and how it aligns with NY’s existing climate law; and outline our next steps to advance the bill in NY, CA, and elsewhere — and how YOU can get involved !