"They naturally extract CO2 from the air and use it as feed. The more CO2 plants absorb, the less CO2 remains trapped in the atmosphere." 2/6
As plants decompose, CO2
is released back to the air
"If left alone, plants are eaten by other organisms and releasing the carbon back to the carbon cycle within months."
3/6
Anoxic conditions slow decomposition
"In anoxic waters, plants decompose extremely slowly, effectively storing the carbon much longer." 4/6
The Black Sea is the ideal location
"It is the largest anoxic body of water on earth, 2km deep, surrounded by fertile lands. The Black Sea is the optimal environment allowing affordable, environmentally safe, gigaton scale #CarbonRemoval in this decade." 5/6
๐ฐ Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (14 October - 20 October 2024):
๐:
๐งต0/18
@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 yearโThe first DAC+Storage facility in the Southern Hemisphere.
๐ฐ Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (30 September - 06 October 2024):
๐:
๐งต0/15
@VaultedDeep announced that it has delivered its first tonnage to Frontier (915 tonnes), 4 months after signing its offtake agreement - "the fastest delivery of any offtake agreement to date!"
70 companies have signed the landmark Carbon Dioxide Removal Industry Commitments, setting new standards for responsibly scaling the CDR sector and meet global climate goals.
๐ฐ Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (๐ญ๐ฒ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ - ๐ฎ๐ฎ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฐ):
๐:
๐งต0/24
Frontier has facilitated $4.5M of CDR prepurchases from 9 companiesโAlithic, Alt Carbon, Anvil, Capture6, Exterra Carbon Solutions, Flux, NULIFE, Planeteers, and Silicaโon behalf of buyers Stripe, Shopify, Alphabet, H&M Group & Match (via Watershed).
Here's a list of what's coming up this week (๐ญ๐ณ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ - ๐ฎ๐ฏ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฐ) in the field of #CarbonDioxideRemoval
๐ฐ Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (๐ฌ๐ต ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ - ๐ญ๐ฑ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฐ):
๐:
๐งต0/23
@Google announced an agreement with Direct Air Capture technology company @holoceneclimate for the delivery of 100,000 tons of carbon removal credits, with the deal marking the lowest-ever price on record for DAC-based removal, at $100 per ton.
๐ฐ Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (๐ฌ๐ฎ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ - ๐ฌ๐ด ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฐ):
๐:
๐งต0/23
Dutch DAC startup @carbyon closed โฌ15.3M Series A investment to demonstrate its fast-swing Direct Air Capture technology at full scale.
@CarbonxClimate, the leading Permanent Carbon Removal Manager announced the closing of a new oversubscribed investment round, with the participation of Redstone, VR Ventures, Engie New Ventures and PROfounders.