Raphael Brose, Manager of the Carbon Removal Program at Microsoft, discusses corporate procurement momentum across initiatives like Frontier Climate and the First Movers Coalition.
0:00 / 0:11exact quote · 11.4s
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“Altogether, you're talking one and a half, maybe two billion dollars in publicly pledged money. That doesn't include folks who are coming in out of the wings that, you know, that haven't announced yet.”
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More from Raphael Brose
AssertionSupported
Brose: Microsoft carbon removal project burned in Bootleg Fire
“And one of the projects that we purchased from in 2020 burned in the bootleg fire, and so that risk went from a theoretical number on a page, you know, two percent risk of reversal over the project lifetime to, well, it happened, and was that reversal risk the…”
Raphael BroseDec 6, 2022▶ 7:15A breakout year for carbon removal?
PredictionNot checkable as stated
Brose: Engineered carbon removal supply will scale significantly between 2024 and 2027
“I think we should be seeing a lot more supply for engineered carbon removal in twenty-twenty-four, twenty-twenty-five, 26, and 27. Those are when we see the first first-of-a-kind, really large plants coming online, and that's when I think that supply is gonna …”
Raphael BroseDec 6, 2022▶ 11:36A breakout year for carbon removal?
AssertionPartly supported
Brose: Global carbon removal capacity is only 3 million tons per year
“Worldwide, we think the carbon removal market, carbon removal capacity per year is about three million tons. So we're off by 10,000 X.”
Raphael BroseDec 6, 2022▶ 12:34A breakout year for carbon removal?
AssertionPartly supported
Brose: UN science requires 10 to 15 gigatons of carbon removal annually
“So, if I recall my UN science appropriately, we need probably 10 gigatons, that's ten billion tons per year of carbon removal in, say, twenty-fifty. And then, You know, you add or subtract that depending on how, how you think we're doing with decarbonization o…”
Raphael BroseDec 6, 2022▶ 12:13A breakout year for carbon removal?
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