Heirloom
other on 3 shows · 0 statements across 0 episodes
How I Built This 3 
the Green Blueprint 2 
Catalyst
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How I Built This 3the Green Blueprint 2
2024 4 mentions in 2 episodes 2 per episode
2022 1 mention in 1 episode
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12 statements about Heirloom, every show
Direct air capture must extract one CO2 molecule per 2,500 air molecules
“You're pulling one molecule of CO two out of every 2500 molecules. So fundamentally it's a You know, an expensive gas separation problem.”
Synthetic direct air capture materials are too expensive to scale globally
“So the traditional way folks have gone about it was basically to build a novel material artificially. But the problem was not whether you could capture the CO two. The problem was the cost of making that material. And because the supply chains don't exist, you…”
Limestone costs $30-$40 per ton and constitutes 4% of Earth's crust
“So we found that limestone specifically is, you know, you can get this stuff for like 30, 40 bucks a ton. There's trillions of tons of limestone across the world. There's four percent of the earth's crust.”
Heirloom's lime trays capture atmospheric CO2 and become limestone within days
“We stack these baking trays vertically To, you know, 2030, 40, 50 feet, and you effectively have a very tall baking rack with trays with thin layers of lime, and as the air passes through, basically gobbles up that CO₂, and in a few days it turns into calcium …”
Carbon removal will become a trillion-dollar industry at $100-$200 per ton
“So, you know, we think that In a medium to long term, the carbon price is likely going to be in the hundred to 200 dollar per ton mark, and at that cost, for five to ten billion tons, we were talking about a trillion dollars worth of carbon removal industry.”
Heirloom operates North America's first direct air capture and storage plant
“Yeah, so this is the first director capture facility in North America that captures and stores CO₂ from the air.”
Heirloom signed a multi-hundred million dollar carbon removal deal with Microsoft
“This year we signed a contract with Microsoft. It's about 315,000 tons. It's a multi-hundred million dollar deal.”
Heirloom's direct air capture is 5,000 to 10,000 times more land-efficient than trees
“So compared to trees, these are actually about Five to 10,000 times more land efficient.”
Heirloom won a $600M DOE grant for a Louisiana carbon capture hub
“The next facility is, you know, recently we won this directory capture hub award from the Department of Energy. So we won about six hundred million dollars to build a facility that can scale up to a million tons a year, and that is Southwest Louisiana.”
Anderson: Heirloom and Form Energy broke ground on physical plants in 2023
“Heirloom down in Tracy. Forum broke ground in West Virginia. I know there's a number of plants going up in that area.”
Ransohoff: Stripe requires 1,000-year permanence and a sub-$100 price trajectory
“And what we're looking for is solutions that have more than a thousand years of permanence that have a pathway to sub a hundred dollar a ton removal, even if they're expensive Today, and we've paid more than 2000 dollars per ton from heirloom this last cycle. …”
Ransohoff: Carbon removal startups need customer offtakes to secure bank financing
“This field is going to benefit from a very similar construct of offtakes right? So these companies need, need to de-risk, especially in carbon removal when there, you know, isn't an intrinsic use like there is with energy. Banks want to understand that there r…”