direct air capture

“There are plenty of them out there at industrial scales that will definitely get down into the, you know, 102 hundred dollar, you know, a ton kind of level, at which point capture becomes your backstop technology, if you will, and it will set the price point a…”

“So, you know, those five industries are what we've identified as, you know, the areas where we think there is inevitable growth in the sort of hundreds of billions of dollars. These are industries that could easily be some of the largest industries that our pl…”

“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.”

“But if we're talking about the square footage it requires to, you know, plant trees and have that carbon dioxide removed over time versus the square footage it requires, or a DAC unit might require to remove carbon dioxide in a given time, the DAC unit is goin…”

“The Inflation Reduction Act expanded tax credits for the technology, and this month the Biden administration unveiled 1.2 billion dollars in funding for hubs to support direct air capture projects, plus thirteen million dollars for 23 different R&D projects in…”

“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…”

“DAC is actually currently Hovering around 7000 metric tons annually globally.”

“I think eventually investors are going to look at, do you have a credible path to getting to like a hundred bucks a ton? Of removal. And I think there's a large number of players who don't have a credible pathway to getting there, even if you make big assumpti…”

“However, the capabilities and the requirements to move to the next levels of scaling and to do it as quickly as possible, they move very quickly from technical insight and technical capability, particularly scientific insight and scientific capability, into th…”

“A lot of direct air capture is currently in its first of a kind stage, but we do, and Climax has been able to show that now we're past that original folk valley, and now we're up to a fourth of a kind, which is still a folk, but a fourth, and this should reall…”

“As companies look to get to scale, especially in direct air capture, and once you get to like triple digit, or even triple digit millions, or billions of dollars of capex, debt financing, non-recourse financing is, is ultimately going to be needed.”

“Direct air capture typically requires a continuous level of power. We've designed our system to work with very intermittent and even curtailed energy for the majority, if not potentially all, of our energy use.”

“What is the next generation of direct air capture look like? What is the next generation of marine CDR look like? Those are pathways that aren't going to be so big on our 20 30 timescale, but really important in 2035 by 20 40.”