Heirloom

“We stack these baking trays vertically To, you know, 2030, 40, 50 feet, and you effectively have a very tall baking rack with trays with thin layers of lime, and as the air passes through, basically gobbles up that CO₂, and in a few days it turns into calcium …”

“You're pulling one molecule of CO two out of every 2500 molecules. So fundamentally it's a You know, an expensive gas separation problem.”

“Yeah, so this is the first director capture facility in North America that captures and stores CO₂ from the air.”

“So compared to trees, these are actually about Five to 10,000 times more land efficient.”

“So the traditional way folks have gone about it was basically to build a novel material artificially. But the problem was not whether you could capture the CO two. The problem was the cost of making that material. And because the supply chains don't exist, you…”

“This year we signed a contract with Microsoft. It's about 315,000 tons. It's a multi-hundred million dollar deal.”

“The next facility is, you know, recently we won this directory capture hub award from the Department of Energy. So we won about six hundred million dollars to build a facility that can scale up to a million tons a year, and that is Southwest Louisiana.”

“So we found that limestone specifically is, you know, you can get this stuff for like 30, 40 bucks a ton. There's trillions of tons of limestone across the world. There's four percent of the earth's crust.”

“So, you know, we think that In a medium to long term, the carbon price is likely going to be in the hundred to 200 dollar per ton mark, and at that cost, for five to ten billion tons, we were talking about a trillion dollars worth of carbon removal industry.”