π¨πSTUDYπ¨
"The study explored the wide range in #CDR deployment volumes across 1.5Β°C compatible & high overshoot pathways by evaluating the links btw CDR & conceptually linked scenario aspects, via focus on CDR in 2050 & scenario properties related to reaching #NetZero CO2."
π§΅
"#CDR volumes
were further evaluated in terms of their relative and absolute contribution to total mitigation up until reaching
net-zero CO2, showing considerable variation across scenarios with a median relative contribution of around 20%." 2/7
"The volumes of #CDR in 2050 and 2100 and the cumulative amount throughout the 21st century were most strongly correlated to the degree to which CO2 emissions are reduced as a means of reaching net-zero CO2." 3/7
"The volume of #CDR in 2050
is also substantially correlated to the timing of #NetZero CO2." 4/7
"The robustness of the analyzed relationships was evaluated by comparing different scenario filtering and data-cleaning approaches." 5/7
"Beyond filtering and cleaning, additional factors that influence #CDR deployment in scenarios, such as discount rates, carbon price trajectories, and scenario design choices," were also discussed in this study.
6/7
π‘πRead the paper entitled, "Understanding the carbon dioxide removal range in 1.5 Β°C compatible and high overshoot pathways" here β¬οΈ iopscience.iop.org/article/10.108β¦
π° Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (02 December - 08 December 2024):
π:
π§΅0/24
@heirloomcarbon raised $150M to expand its direct air capture technology. Following the opening of the first U.S. direct air capture facility last year, the funds will support building plants with greater CO2 removal capacity.
@Meta is pledging to contract at least $35 million for carbon removal projects in the coming year as part of their goal to achieve net zero emissions across our value chain in 2030.
π° Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (25 November - 01 December 2024):
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π§΅0/15
Proveye, a UCD spin-out company has signed a β¬900k contract with European Space Agency to advance remote measurement and monitoring of nature-based solutions for carbon removal in the worldβs grasslands.
The Canadian government recently announced funding for two CDR companies, awarding CAD 5 million to @CarbonEngineer and CAD 1.8 million to @Arcaclimate.
π° Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (18 November - 24 November 2024):
π:
π§΅0/19
Thread Contents
1-13: Commercial News
14: Deadlines
15-17: Reports
18-19: Scientific Papers
@Paebbl secured a $2.8 million (β¬2.7 million) Demonstration Energy and Climate Innovation (DEI+) grant awarded by the Dutch Ministry of Climate and Green Growth allowing it to boost the work on the companyβs first demo plant.
π° Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (11 November - 17 November 2024):
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π§΅0/19
GenZero and Trafigura announced a commitment to invest over $100M in BrΓΊjula Verde, a Colombian project restoring degraded land to generate high-quality carbon removal credits.
Climate insurtech startup, Artio, announced it has raised Β£550k (~$709k) to pioneer insurance solutions for early-stage carbon removal projects through its proprietary risk modelling platform.
π° Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (14 October - 20 October 2024):
π:
π§΅0/18
@ENERGY invested more than $58.5 million in federal funding for 11 projects to help develop a commercially viable carbon dioxide removal industry in the United States.
Kenya-based @OctaviaCarbon announced their $3.9m seed round + $1.1m in carbon financing. With this funding, they are set to launch Project Hummingbird by December this yearβThe first DAC+Storage facility in the Southern Hemisphere.