Monat: November 2022

Carbon talk: Comparing US and Canadian CCUS Fiscal and Policy Incentives

December 14, 2022; 10 to 11:30 AM PST/1 to 2:30 PM EST

CarbonNEXT, a joint program of Carbon Management Canada and Foresight to support the next generation of CCUS and adjacent carbontech innovations, innovators and industry partners in Canada, invites to a monthly virtual panel discussion on topics at the front-edge of CCUS. In the next edition of Carbon Talks, the participants are exploring how the new US Inflation Reduction Act is shaping the future of CCUS in the US, and how Canadian policy compares.

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    Janssens et al. (2022): Negative erosion and negative emissions: Combining multiple land-based carbon dioxide removal techniques to rebuild fertile topsoils and enhance food production

    Janssens IA, Roobroeck D, Sardans J, Obersteiner M, Peñuelas J, Richter A, Smith P, Verbruggen E and Vicca S IN: Front. Clim. 4:928403. doi: 10.3389/fclim.2022.928403

    This paper elaborates on the idea to take CDR technologies a step further and use them not only to drawdown CO2 from the atmosphere, but also to rebuild fertile soils (negative erosion) in areas that suffer from pervasive land degradation and have enough water available for agriculture. This way of engineering topsoil could contribute to the fight against malnutrition in areas where crop and livestock production currently is hampered by surface erosion and nutrient depletion, and thereby alleviate pressure on intact ecosystems.

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    Alkan et al. (2023): Chapter 8 – Geologic carbon storage: key components

    Hakan Alkan, Oleksandr Burachok, Patrick Kowollik IN: Oil and Gas Chemistry Management Series, Surface Process, Transportation, and Storage, Editor(s): Qiwei Wang, Vol 4, Gulf Professional Publishing, 2023, Pages 325-422, https://doi.org/10.1016/B978-0-12-823891-2.00009-0.

    The key components of the GCS full-chain applications are elaborated and discussed based on recent developments and operations. The aim is to look at GCS from an engineering perspective to highlight its role and value and motivate more and faster initiatives also providing application examples for each component.

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    Report: Bridging the Ambition gap: a framework for scaling corporate funds for carbon removal and wider climate action.

    Robert Höglund, (Marginal Carbon), and Eli Mitchell-Larson, (Carbon Gap), Published by Carbon Gap, 15 p.

    This report presents a conceptual framework for defining and quantifying the ambition gap between companies’ ‘ability to pay’ for external climate solutions like carbon removal and their willingness to do so. The authors analysed a sample of the world’s largest companies and show that a majority of them can pay a high price on carbon without it resulting in a large dent in profits. The report also covers how companies can determine a level of climate support and how they practically can support carbon removal. At the end of the report, the authors give eight recommendations for how to bridge the ambition gap and unleash billions of dollars of additional climate financing per year.

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    Postdoc in land-based CO2 removal strategies

    Deadline: 2nd January 2023

    The University of Sheffield (UK) offers an exciting opportunity for a talented individual interested in climate change mitigation to join the School of
    Biosciences to investigate the unexamined and unintended consequences of large-scale deployment of land-based CO2 removal (CDR) strategies (reforestation, peatland restoration, bioenergy crops and enhanced rock weathering), and the extent to which these strategies can help the UK meet targets set in their Net Zero commitment. The candidate will join the group led by Dr Maria Val Martin at the University of Sheffield and work under a UK Research and Innovation (UKRI) funded project “The Net-Zero emissions challenge: Quantifying unintended climate feedbacks from large-scale deployment of land-based CDR strategies”.

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    Carbon capture startups received a record $882 million in VC investments

    by Michelle Ma on protocol.com

    „A new PitchBook data analysis released on Friday shows a record amount of venture capital investment poured into post-combustion carbon capture companies and startups in this year’s second quarter. VCs invested a stunning $882.2 million across 11 deals, which easily set a record for the sector. For context, total investment in the sector for the previous four quarters combined totaled $432.1 million.“

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    Carbon Technology Research Foundation

    CTRF’s focus is on supporting people and institutions working to develop processes that have their roots in nature, with the potential to be scaled significantly to remove carbon dioxide from the atmosphere and help stop climate change. Throughout 2022 and early 2023, they will be identifying high quality, credible research institutions, individuals and projects for funding to be part of the CTRF portfolio launch in 2023. 

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    Arcusa et al. (2022): Carbon removal accounting methodologies: how to rethink the system for negative carbon emissions

    Arcusa S., Lackner K., Page R., Sriramprasad V., Hagood, E. (2022) IN: CNCE Working Paper No. 0001, November 2022. Arizona State University KEEP Repository, https://hdl.handle.net/2286/R.2.N.170043

    The authors analyze current approaches to carbon accounting for removed carbon sold on carbon markets, focusing on carbon crediting under the framing of a remaining carbon budget, the issue of durability, and approaches to accounting methodologies. The authors explore the topic of mixing
    carbon with other problems in developing carbon accounting methodologies and highlight the open policy questions. They conclude with a suggested framework for accounting for carbon removal accounting that simplifies climate action and enables a world with negative carbon emissions.

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