Category: Media

Carbon Removal Prices To Continue Going Down According To Report From AlliedOffsets And Carbon Herald

by Vasil Velev on carbonherald.com, January 18, 2024

“2023 was a milestone year for carbon removal with the industry graduating from a field largely populated with startups, to one that has a growing number of scaleups, government and private investment in the billions and its own voice when it comes to influencing policy and how we tackle emissions in the atmosphere. With this in mind the AlliedOffsets team has been meticulously gathering data on hundreds of metrics throughout last year, looking for the trends and patterns defining this congregation of technologies that share the common goal of removing CO2.”

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The ‘dark earth’ revealing the Amazon’s secrets

by Zaria Gorvett on bbc.com, January 16, 2024

This layer of charcoal-black soil, which can be up to 3.8m (12.5ft) thick, is found in patches across the Amazon basin. It is intensely fertile – rich in decaying organic matter and nutrients essential for growing crops, such as nitrogen, potassium and phosphorus. But unlike the thin, sandy soils typical of the rainforest, this layer was not deposited naturally – it was the work of ancient humans. This rich soil is a relic from a very different time – an era when indigenous groups formed a thriving network of settlements across this rainforest world. 

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Removing carbon dioxide from the atmosphere

by Juliane El Zohbi and Diana Rechid on openaccessgovernment.org, January 9th, 2024

“The agricultural sector plays a decisive role in tackling climate change. GERICS explores what actors of the agricultural sector think of removing carbon dioxide and what support they need from science.”

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Why does engineered carbon removal need ratings?

by Alex Luke, Victoria Harvey, Ted Christie-Miller on bezerocarbon.com, December 13, 2023

“Although the sector is growing, an enormous scale-up is still required. Estimates anticipate that demand for CDR will grow to 40-200 Mt/CO2e per year by the end of this decade. At present, engineered CDR removes just 61,000 tonnes of CO2 per year. Therefore meeting the projected demand will require annual deliveries to increase by 655-3,300 times by 2030. Ratings will be vital to helping the sector meet this challenge. Over the coming years, they will be a catalyst for the growth of the sector by driving demand for CDR credits, helping to unlock finance for new or early-stage projects, and improving confidence and trust in the voluntary carbon market.”

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Key Takeaways From COP28 UAE

by Petya Trendafilova on carbonherald.com, December 15, 2023

“Carbon dioxide removal (CDR) took center stage at discussions during COP28. It can help support countries in bridging the gap between current emission reduction commitments and what is needed to limit global warming to 1.5°C. To fulfill its potential, it should be accelerated massively by 2030. According to CDR.fyi, durable CDR credits would need to scale almost 1,000 times to reach 40 million tons in 2030. The end goal is for them to be scaled to a gigaton’s annual capacity to support progress towards eliminating global emissions. “

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Direct air capture: An expensive, dangerous distraction from real climate solutions

by Kurt Zenz House, Josh Goldman, Charles F. Harvey on thebulletin, December 15, 2023

“All year, the zeitgeist has been building toward technologies that separate carbon dioxide from air, referred to as direct air capture (DAC). In September, the United States Department of Energy awarded Occidental Petroleum a $600 million grant to build a DAC machine. As scientists and entrepreneurs who’ve dedicated our careers to help solve global warming, you might expect us to be happy. We are not.”

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A Transformative Carbon Sink in the Ocean?

by Doug Reusch, Kayleigh Brisard, Gil Hamilton, Carson Theriault on eos.org, December 12, 2023

“Water-rock reactions in some hydrothermal systems produce both hydrogen, which could be tapped for clean energy, and alkaline solutions that could help draw down atmospheric carbon dioxide.”

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