Thread by @geoengineering1

📝💡𝐖𝐞𝐞𝐤𝐥𝐲 𝐂𝐃𝐑 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬💡📝

📰 Here's your round-up of top Carbon Dioxide Removal News / Developments, Reports & Scientific Papers from this week (𝟐𝟓 𝐌𝐚𝐫𝐜𝐡 - 𝟑𝟏 𝐌𝐚𝐫𝐜𝐡 𝟐𝟎𝟐𝟒):

🔗:

#CarbonDioxideRemoval
#CDR

🧵0/19

@Climeworks entered into a 9yr agreement worth $2.4M with @LEGO_Group, a leading toymaker, to permanently remove CO2 from the air on its behalf. KIRKBI also signed a $405,000 long-term agreement to secure Climeworks’ high-quality CDR services.

1/19
climeworks.com/press-release/…

Planboo – a carbon removal firm dedicated to tracking & scaling biochar production in the Tropics closed its latest funding round, securing over $1.1 million with backing from investors like Katapult, Rockstart, Imaginal Seeds & 9+ Ventures.

2/19
planboo.eco/funding-to-sca…

Climate tech startup Cemvision announced that it has raised €10 million in a seed funding round, aimed at accelerating the company’s near-term efforts to provide high-performance, ultra-low CO2 footprint and resource-efficient, 100% circular cement.

3/19
esgtoday.com/green-cement-s…

@Climeworks, alongside project lead @Battelle and project partner @heirloomcarbon, has been awarded a contract from the U.S. Department of Energy covering $50 million in funding to kickstart the direct air capture hub ‘Project Cypress’ in Louisiana.

4/19
energy.gov/oced/articles/…

French greentech @NetZero raised €18M from impact fund STOA
to expand biochar production in tropical areas.

5/19
carbonherald.com/netzero-locks-…

Germany-based crypto marketplace Senken & Exomad Green - a biochar producer announced their offtake agreement for the supply of 81,600 tonnes of biochar carbon removal credits between 2025 and 2028. "One of the largest biochar deals in the world."

6/19
senken.io/blog/senken-an…

On behalf of its clients, @CarbonxClimate purchased 700 metric tons of carbon removal credits (verified by @Isometric_HQ) from @CharmIndustrial.

7/19
linkedin.com/posts/carbonx-…

@KarbonKreditz partnered with @DraxGroup for BECCS collaboration In U.S. In this collaboration, Karbon-X will procure carbon dioxide removal credits from Drax, equivalent to permanently storing 25,000 metric tons of CO2, at $350 per ton.

8/19
carbonherald.com/karbon-x-teams…

US DOE @ENERGY invested $6B to cut carbon from steel, cement & snacks. The 6 selected cement & concrete industries are @BrimstoneEnergy, @SublimeSystems , National Cement Company of California, Roanoke Cement Company, @SummitMaterials, @hd_materials

9/19
energy.gov/articles/biden…

@AkerCarbon & CO280 Solutions, have signed a Memorandum of Understanding to collaborate on the development of large-scale CDR projects beginning in US & Canada pulp & paper industry that will deliver permanent, verifiable, affordable C removals.

10/19
akercarboncapture.com/?cision_id=F4A…

@DeepSkyCorp & Avnos partnered to deploy Hybrid DAC tech in Canada. As part of its partnership with Deep Sky, Avnos will build & install a Hybrid DAC Air Handling Unit (AHU) at Deep Sky Labs in Canada, with the capacity to remove 450 tons of CO2/yr.

11/19
businesswire.com/news/home/2024…

@SthlmExergi received it’s permit from the Land & Environment Court to build one of Europe's first large-scale facilities for BECCS. "When the facility is up and running, it will capture 800,000 tons of CO2 per year.

12/19
linkedin.com/posts/beccs-st…

Carbon insurance pioneer @kita_earth announced its new insurance product, designed for carbon credits generated through Enhanced Rock Weathering (ERW).

13/19
linkedin.com/posts/kitaeart…

ZeoDAC, Inc., a new player in the field of DAC, has officially announced its launch. This Atlanta-based company aims to extract CO2 from the air using high-quality solid materials-zeolites.

14/19
carbonherald.com/zeodac-enters-…

A new report by @Biochar_IBI & @USBiochar states that global biochar production reached ~352,304 metric tonnes in 2023, which equates to 650,000 metric tonnes of CDR, assuming an average of 1.9 metric tonnes of CO2 removed per metric ton of biochar.

15/19
biochar-international.org/2023-global-bi…

Carbon to Sea initiative released a new report that provides an overview of current investments in ocean-based CDR & identifies new funding needs for research, development & demo to assess the efficacy of oCDR approaches in achieving climate goals.



16/19 carbontosea.org/fy2025

"Coastal ocean might be a more efficient CO2 sink than the open ocean due to enhanced biological activity," a new study finds.

👥Moritz Mathis, Fabrice Lacroix, Stefan Hagemann, David Marcolino Nielsen, @ilitat & Corinna Schrum

17/19
nature.com/articles/s4155…

"Carbon removals as the second pillar of climate protection will be very costly in the second half of the century—estimates range from 0.3% to 3% of global economic output," a recent research finds.



18/19 mohrsiebeck.com/artikel/averag…

New study provided detailed maps that factor in C & albedo to show where tree cover is likely to contribute to global warming, rather than abate it.

Overall the paper found that tree restoration may yield 20-81% less climate benefit than expected.

19/19
nature.com/articles/s4146…

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@Trinityaudiobot

You can find the #CDR Updates from the past week here:

https://twitter.com/geoengineering1/status/1772012600160571571?t=grinttRzlzW33-NdzK0QVg&s=19