Everything Julio Friedman said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Friedman: Climate governance will see Article 6 completely collapse
“I think we will begin to see new laws and new protocols, everything from the revisions to the London Convention of the Sea to Article VI's complete collapse and dissolution.”
Friedman: Carbon removal will necessarily become the largest market in human history
“The carbon removal market will necessarily be the biggest market of all human history”
Friedman: Scaling carbon removal requires oil and gas industry skills
“Not just the injecting CO₂ into the subsurface, which, like, they're the only people who know how to do that, Pulling together a two billion dollar project. That's something energy companies do kind of all the time. Putting together the capital stack. Managing…”
Friedman: All carbon removal pathways work, but none are scaled
“All of those approaches work. They're all sound, but they have different price points. They have different durability. They have different customers. They have different regulatory frameworks, because they're happening all over the world. They're happening at,…”
Friedman: Study found half of Indian wind offset projects were non-additional
“There was a study done recently in India. They found half of the wind projects that were built there were not additional at all. That means half of them were just nothing. The other half were credible avoided emissions.”
Friedman: Direct air capture costs roughly $600 per ton
“Direct air capture, say, is on the order of 600 dollars a ton. A good biochar project might be on the order of 150 dollars a ton. A good biomass with carbon capture project might be between 153 hundred dollars a ton.”
Friedman: IPCC carbon removal target equals total global oil and gas volume
“All of the oil and gas that has moved around the world is about five billion tons. That is the minimum amount of CO₂ removal that the IPCC says we need.”
Friedman: Carbon removal deployment is primarily rate-limited by human capital
“We do not have the full complement of business and worker skills to deploy. And until we do, we're going to be rate limited by human capital first.”
Friedman: US offers $180/ton incentive for direct air capture
“We have now a 180 dollars a ton for direct air capture incentive that is a few months old.”
Friedman: Inflation Reduction Act incentive stack is globally unparalleled
“The incentive stack that is in the Inflation Reduction Act is unparalleled by any nation, anywhere.”
Friedman: High-quality nature-based carbon removal costs $20 to $35 per ton
“Right now, the nature-based solutions that are good are the lowest cost. They are ranging in price between, say, 20 and 35 dollars for the good stuff.”
GREEN BLUEPRINTLEDGER