Carbon Management Challenge: Difference between revisions

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(Created page with "{{Program |ProgramName=Carbon Management Challenge |ProgramType=Program |OrgSponsor=Office of Fossil Energy and Carbon Management |TopOrganization=Department of Energy |CreationLegislation=Energy Independence and Security Act of 2007 |Purpose=The Carbon Management Challenge catalyzes private sector purchases of high-quality carbon dioxide removal credits. It aims to enhance market transparency and scale carbon dioxide removal to meet net-zero goals. |Website=https://www....")
 
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{{Program
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|ProgramName=Carbon Management Challenge
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'''Carbon Management Challenge''' is a Department of Energy initiative led by the Office of Fossil Energy and Carbon Management that encourages organizations across the United States to purchase high-quality carbon dioxide removal (CDR) credits, amplifying DOE’s $35 million CDR Purchase Pilot Prize and engaging over 2,000 stakeholders as of 2025. Launched in 2024 following a March notice of intent, the Challenge has recognized 24 semifinalists for leadership spotlights planned for 2025, fostering transparency in the CDR market through a public leaderboard, with post-Hurricane Helene efforts enhancing resilience by connecting buyers and suppliers to scale removals nationwide.
'''Carbon Management Challenge''' is a Department of Energy initiative led by the Office of Fossil Energy and Carbon Management that encourages organizations across the United States to purchase high-quality carbon dioxide removal (CDR) credits, amplifying DOE’s $35 million CDR Purchase Pilot Prize and engaging over 2,000 stakeholders as of 2025. Launched in 2024 following a March notice of intent, the Challenge has recognized 24 semifinalists for leadership spotlights planned for 2025, fostering transparency in the CDR market through a public leaderboard, with post-Hurricane Helene efforts enhancing resilience by connecting buyers and suppliers to scale removals nationwide.


{{Official URL (simple)|url=https://www.energy.gov/fecm/voluntary-carbon-dioxide-removal-purchasing-challenge}}
{{<span class="error">Expansion depth limit exceeded</span>|url=https://www.energy.gov/fecm/voluntary-carbon-dioxide-removal-purchasing-challenge}}


==Goals==
==Goals==


* Catalyze private sector investment in high-quality CDR credits.<ref>"Carbon Management Challenge Overview," U.S. Department of Energy, https://www.energy.gov/fecm/voluntary-carbon-dioxide-removal-purchasing-challenge, accessed February 22, 2025.</ref>
* Catalyze private sector investment in high-quality CDR credits.<span class="error">Expansion depth limit exceeded</span>
* Enhance CDR market transparency via a public leaderboard.
* Enhance CDR market transparency via a public leaderboard.
* Scale CDR to support net-zero emissions by 2050.
* Scale CDR to support net-zero emissions by 2050.
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[[Category:Programs and initiatives]]
[[Category:Programs and initiatives]]
[[Category:Programs]]
 
[[Category:Department of Energy]]
[[Category:Department of Energy]]