CO₂-removal News

Liu et al. (2022): China’s pathways of CO2 capture, utilization and storage under carbon neutrality vision 2060

Guizhen Liu, Bofeng Cai, Qi Li, Xian Zhang, Tao Ouyang IN: Carbon Management, 13:1, 435-449, DOI: 10.1080/17583004.2022.2117648

The study focuses on China’s CCUS pathways, and draws out three key conclusions: (1) in terms of the greenhouse gases emission reductions required to achieve carbon neutrality and based on current technology projections, the CO2 emission reductions to be achieved by CCUS are 0.6 ∼ 1.4 billion tonnes and 1 ∼ 1.8 billion tonnes in 2050 and 2060, respectively; (2) from the perspective of source-sink matching in China, the emission reduction potential provided by CCUS can basically meet the demand of carbon neutrality target (0.6 ∼ 2.1 billion tonnes of CO2); (3) with the development of technologies, the cost of CCUS in China has a great potential to be reduced in the future.

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VERGE – The Climate Tech Event

Oct 25 – 27, 2022, San Jose Convention Center, San Jose, CA

VERGE organises this climate tech event to provide deeper, focused learning and networking experiences for participants within their specific market. Various participants — from business, government, solution providers and startups — working together to address the climate crisis across six strategic areas: clean energy, sustainable transportation, carbon removal, regenerative food systems, net-zero buildings and the startup ecosystem.

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Parisa et al. (2022): The time value of carbon storage

Zack Parisa, Eric Marland, Brent Sohngen, Gregg Marland, Jennifer Jenkins IN: Forest Policy and Economics Vol. 144, 102840, https://doi.org/10.1016/j.forpol.2022.102840

Yet to date, the full potential of natural systems to store carbon has not been leveraged because policymakers have required long-term contracts to compensate for permanence concerns, and these long-term contracts substantially raise costs and limit deployment. In this paper, the authors lay out the rationale that their time preference for early action leads to the conclusion that multiple tons of short-term storage of carbon in ecosystem stocks can be considered to have equal value – as measured by the social cost of carbon – as 1 ton of carbon sequestered permanently.

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Rio Tinto joins hands with Shougang to support decarbonization

by Zheng Xin on chinadaily.com.cn

„Global metals and mining giant Rio Tinto Group said on Thursday that it has signed a Memorandum of Understanding with Shougang Group, one of the world’s top 10 steel producers, to jointly promote research, design and implementation of low-carbon solutions for the steel value chain. The agreement’s focus areas include low-carbon sintering technology, blast furnace and basic oxygen furnace optimization, and carbon capture and utilization, it said.“

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Who is Who in Direct Air Capture

Here is a subjective list of key players and experts in the global Direct Air Capture ecosystem, compiled by Julius Wesche (PhD); Climate Innovation Researcher at the Norwegian University of Science and Technology, Trondheim, Norway. The list will be continuously updated, based on suggestions and comments.

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Postdoctoral Associate, Yale Center for Natural Carbon Capture

Deadline: Dec 01, 2022

The Yale Center for Natural Carbon Capture (https://naturalcarboncapture.yale.edu/) at Yale University is accepting applications for up to three Postdoctoral Associates. Applicants are welcome with research interests across the full range of disciplines related to the Center’s three focal areas: Ecological and Biological Carbon Capture; Geological and Ocean Carbon Capture, and Industrial Carbon Utilization.

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Nature – Klemme et al. (2022): Destabilization of carbon in tropical peatlands by enhanced weathering

Alexandra Klemme, Tim Rixen, Moritz Müller, Justus Notholt, Thorsten Warneke IN: Nature – Commun Earth Environ 3, 212 (2022). https://doi.org/10.1038/s43247-022-00544-0

Here, the authors present estimates for the response of CO2 emissions from tropical peat soils, rivers and coastal waters to changing soil acidity induced by enhanced weathering application. They estimate that the potential carbon uptake associated with enhanced weathering is reduced by 18–60% by land-based re-emission of CO2 and is potentially offset completely by emissions from coastal waters.

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Direct Air Carbon Capture and Storage Market Scan

by Lucía Vilallonga & Cutler J. Cleveland

In this report, the Institute for Global Sustainability synthesizes scientific literature, industry reports, government policies, and news to assess the potential for DACCS as a compliance pathway in local emissions reduction ordinances and other regulations, for example by the City of Boston through the Building Emissions Reduction and Disclosure Ordinance 2.0 (BERDO 2.0).

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White Paper: Unlocking Carbon Dioxide Removal with Voluntary Carbon Markets

on carbonbusinesscouncil.org, 16 pp.

The Carbon Business Council, a trade association of more than 65 carbon management companies, has published this white paper on the intersection of voluntary carbon markets (VCMs) and carbon dioxide removal (CDR). The paper features recommendations for market regulators and existing market providers about how to grow VCMs, scale carbon removal, and provide a more diverse portfolio of climate solutions for purchasers. VCMs are projected to grow to a $50 billion market by 2030.

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