CO₂-removal News

Climate Vault Launches Request for Proposal to Support Carbon Dioxide Removal Technologies

No Deadline

Climate Vault, an award-winning non-profit founded at the University of Chicago, today issued an RFP (Request For Proposal) to identify, assess, and award funds to Carbon Dioxide Removal (CDR) technologies that are helping make net negative emissions possible. Climate Vault will award successful CDR applicants funding for an equivalent mass of carbon removed with the value of the award being based on the market price of Climate Vault’s held carbon permits.

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New partnership working to deploy large-scale Direct Air Capture in Norway

Since November 24 , „Carbon Removal“ – a Norwegian development company,  „Carbon Engineering (CE)“ – a leading provider of Direct Air Capture (DAC) technology that captures carbon dioxide (CO2) out of the atmosphere, and „Oxy Low Carbon Ventures (OLCV)“ – which is developing large-scale DACs for use in CO2 storage projects, announced they are working together to deploy commercial DAC projects in Norway.

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Merk et al. (2021): The Need for Local Governance of Global Commons: The Example of Blue Carbon Ecosystems

Christine Merk, Jonas Grunau, Marie‐Catherine Riekhof, Wilfried Rickels IN: Kiel working paper no. 2201 | November 2021, 19 pp.

While land-based solutions, especially forests, have received a lot of attention in the past, this is not the case for ocean-based solutions. Thus in this working paper of the Kiel Institute of Economy, the focus is on different blue carbon ecosystems (BCEs), their potential for sequestering and storing carbon, and the management challenges they involve.

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Hof et al. (2021): The Impact of Socio-Economic Inertia and Restrictions on Net-Negative Emissions on Cost-Effective Carbon Price Pathways

Andries F. Hof, Kaj-Ivar van der Wijst, Detlef P. van Vuuren IN: Frontiers in Climate Vol. 3, https://doi.org/10.3389/fclim.2021.785577

Model-based scenarios are used to inform policymakers about emissions pathways and cost-effective carbon prices. Many of these scenarios are based on the Hotelling rule, assuming that a carbon price path increasing with the interest rate leads to a cost-effective strategy. The robustness of this rule was tested by using experiments with plausible assumptions for learning by doing, inertia in reducing emissions, and restrictions on net-negative emissions.

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Nature – Park and Kug: Hysteresis of terrestrial carbon cycle to CO2 ramp-up and -down forcing

[in Review] Sowon Park, Jong-Seong Kug IN: Nature portfolio https://doi.org/10.21203/rs.3.rs-1074581/v1

„Herein, we show strong hysteresis in the terrestrial carbon cycle in response to CO2 ramp-up and -down forcing. Owing to the strong hysteresis lag, the terrestrial biosphere stores more carbon at the end of simulations than at its initial state, lessening the burden on net-negative emissions.“

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Division of Grantham Foundation takes option to acquire stake in Ocean-Based Climate Solutions, Inc.

by Salvador Garcia

Ocean-based Climate Solutions, Inc. is pleased to announce that Neglected Climate Opportunities LLC, a division of The Grantham Foundation for the Protection of the Environment (Boston, MA), has taken an option to acquire 25% ownership upon successful demonstration of the company’s upwelling pump technology planned for July 2022 in the Canary Islands under the scientific leadership of GEOMAR Helmholtz Centre for Ocean Research Kiel.

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Hanssen et al. (2021): Global implications of lignocellulosic crop-based BECCS for terrestrial vertebrate biodiversity

S. V. Hanssen, Z. J. N. Steinmann, V. Daioglou, M. Čengić, D. P. Van Vuuren, M. A. J. Huijbregts IN: GCB-Bioenergy, doi:10.1111/gcbb.12911

Here, the implications of crop-based BECCS for global terrestrial vertebrate species richness were analysed, considering both the land-use change (LUC) required for BECCS and the climate change prevented by BECCS.

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Carbon Dioxide Removal Mission

At November 5 launched –  „The Carbon Dioxide Removal Mission“ was announced at COP26 with the co-leads: United States of America, Department of Energy; Kingdom of Saudi Arabia, Ministry of Energy and Canada, Natural Resources and core-mission member Norway, Gassnova. Carbon Dioxide Removal technologies should be enabled to achieve a net reduction of 100 million metric tons of CO2 per year globally by 2030.

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Net Zero GHG Emissions – Where Do I Start?

by OPMMA Product Management & Marketing Association

OPMMA event where guest speaker Charles Funk provides an overview of the key concepts and consequences around reducing our carbon footprint. What does a global effort to reduce GHG mean for product managers, product marketers and other product professionals (54 min in total).

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