The Ledger
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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…”
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 …”
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.”
Brose: Carbon removal pledges total $1.5B to $2B
“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.”
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…”