Discover and read the best of Twitter Threads about #emissionsreduction

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Gradually... ⛔#CDR was fringe for years, even as @IPCC_CH sounded the bullhorn

...Then suddenly!
🏁 $650m for @Climeworks
🏁 $350m CDR @lowercarbon fund
🏁 ~$1B @stripe Frontier advance market commitment for C removal

@nanransohoff shares the scoop

climatetechvc.substack.com/p/-a-new-front…
Until this week, the world has collectively bought just 10,000 tonnes of permanent carbon removals - ever.

@nanransohoff and the Frontier crew from intend to spur the market to 6,000,000,000 tonnes by 2050, and there’s no time to lose.

Some great takeaways 👇 @climatetech_vc
"Frontier borrowed a concept from the energy sector - ✨offtake✨ agreements. Suppliers benefit because they can take the guarantee to the bank for project financing. Buyers benefit because they only pay once the carbon has actually been removed."
Read 8 tweets
Australia was just singled out as a climate "holdout" by UN secretary General @antonioguterres . It's rare to see him single a country out like this. What does he mean? 🧵⬇️
👏 Many G20 developed economies have announced meaningful #emissionsreduction targets for 2030.
👎 Not Australia. Scott Morrison still took Tony Abbott's 26-28% emissions target to COP26. This targets is 6 years old.
🥵The COP26 conference was focussed on improved 2030 targets and a rapid phaseout of coal (by 2030). Australia refused, making us a loner among developed countries & a "holdout" on climate.
Read 14 tweets

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