The first four solutions utilize nature-based storage, the last three geological storage. Nature-based storage is perceived as riskier due to issues of permanence and carbon leakage. Still, these methods have more sustainability co-benefits than geological ones.
Geological storage involves CO2 either reacting with other natural elements to create a solid mineral. Or it is being injected as a gas into underground storage. Both techniques are considered to have high permanence, stable for hundreds of thousands of years.
@carbonfuture3 launch a Catalyst programme to boost developing solutions that have potential to remove mega-tonnes of CO2 by 2030.They will provide support from initial development to scaling, selling resulting credits on their digital marketplace.
We - as humanity - need to significantly scale up our carbon removal game. And we need to do it really fast. Otherwise, we wonβt be able to prevent the most destructive outcomes of the climate emergency
Here are 7 promising carbon dioxide removal (CDR) solutions
A π§΅
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1οΈβ£ Forestation
Our forests are responsible for removing nearly 30% of human CO2 emissions annually. Forestation could remove 4-12 giga-tonnes of carbon/year
It's important to keep in mind that stopping deforestation is more effective than a reforestation project
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For carbon offsetting, 4 types of forestation projects matter:
Today, @VerraStandards made a public announcement addressing crypto instruments and tokens. 3 key pieces of news affect the Toucan Protocol
Let's dive in π§΅
@VerraStandards 1/
Verra
1οΈβ£ prohibits further bridging of carbon credits on-chain
2οΈβ£ explores a path to tokenization by introducing an βimmobilizedβ state into their registry
3οΈβ£ launches a public consultation to create the best carbon market system
@VerraStandards 2/
First, we want to highlight that we welcome this announcement from Verra, which comes after a lengthy dialogue and close contact between Verra, multiple other carbon market stakeholders and us