carbon dioxide removal

“But I think that the UNFCCC should be aligning closely to the IPCC report's definition of carbon dioxide removal. In that it is a solution that's part of the puzzle to reaching our net zero goals.”

“The notice of intent last Thursday covers that sixty million of the funds will actually go towards direct your capture, but I think what's even more exciting is the Track Two CDR purchase pilot, because this is allocating thirty-five million, roughly over seve…”

“This is a proven technology, and we have the ability to develop this technology now. I think the question that we really should be focused on is scale.”

“The National Academies of Science estimates that we will need to remove 10 gigatons that's ten billion metric tons of carbon dioxide yearly by twenty-fifty, and then doubling that by 2100.”

“And then there's that kind of question of like, hey, what would take that step change up to real demand is probably more of a compliance market or governmental demand as well.”

“Yeah, the thing that keeps me up most is definitely that first one that you mentioned, the market and the demand because your second one, like you said, the project financing that will come if the demand is there. So, having more businesses beyond those first …”

“So, kind of what we're seeing in the industry at the moment is people are kind of waiting to see that CDR can be deployed before they make the commitments as well. So, it's kind of this vicious cycle.”

“There's, you know, a number of companies, particularly around Frontier, that are willing to pay upwards of 5000 dollars a ton for CO two”

“There are companies like Microsoft, Frontier, and others that are seeking to create a market and build a supplier base. I see those companies providing the leadership in the market. They're doing it for good reasons for themselves as well. Securing a first rig…”

“All of the scenarios modeled by the IPCC that keep climate change to two degrees or lower by the end of the century agree. In addition to decarbonizing, we're going to need CDR.”

“AI doesn't change our sustainability goals. We're still buying CDR in pursuit of our carbon negative goal. And the AI hasn't really changed that target for us. It just increased the importance of a net zero world still needs to be possible in it, despite the A…”