Alt Carbon

🍂 An Autumn-like CDR market | CDR Monthly Recap - October 2024 🍂 📅 We’re back with another exciting CDR Monthly Recap! October was light in order volume as the industry held its breath about the outcome of the US elections tomorrow, but there was still a lot of activity. Read on to see how CDR continued to progress last month! Here are a few highlights from October: 📈 63,000 tonnes of CDR sold 🤝 A 40,000 tonne-deal between Climeworks and Morgan Stanley 💸 The DOE funded 11 projects with $58.5M and released a CDR Primer on CDR credits 🌍 Multiple projects announced, including DAC, BCR, BECCS, and more 🚀 The launch of CDR.fyi's first durable CDR pricing survey 🔗 https://lnkd.in/gMnsejJP 📊 To uncover more such insights, read our latest edition of the CDR Monthly Recap (link in the comments below) featuring various CDR actors such as Climeworks, Morgan Stanley, NextGen CDR, Alt Carbon, Ebb Carbon, Microsoft, Terraset, Vaulted Deep, Charm Industrial, Wakefield BioChar, Block, Stripe, CapturePoint LLC, Varaha, Puro.earth, Airfix, The Carbon Removers, Origen, The Carbon Removal Show, Octavia Carbon, Exomad Green, Carbon Alpha, Nordbex, Mission Zero Technologies, Deep Sky, CarbonRun, Klimate.co, U.S. Department of Energy (DOE), 1PointFive, Captura, Paebbl, Carbon Removal Canada and many more (listed in the comments below).

🌍 Exciting News for Indian #CDR - #Purchase Alert! We’re thrilled to announce Alt Carbon's historic partnership with NextGen CDR at the inaugural edition of the Futures Summit today 🎉 We deeply believe that this first-of-a-kind partnership will have a catalytic impact on the Indian CDR story and emphasise our belief about India’s ability to lead the sector, at the highest quality, cheapest cost and largest scale (specially with respect to #Enhanced #Rock #Weathering). On a personal level, Sparsh and I as 4th generational tea planters have been trying to revive the tea estates of Darjeeling for the last few years now. Our initial aim was to transform our family’s heritage tea gardens from at risk of climate change impact to the frontier of climate action through our carbon removal pathway of Enhanced Weathering. However, through this partnership with NextGen CDR (which is a Joint Venture between Mitsubishi Corporation and South Pole), we plan to extend the same aim across the tea estates of North Eastern India, and later stretch to other crops like rice, bamboo, etc. More than anything, this partnership is a symbol of #hope. Of Second Chances. Of New Chapters. Not only for the tea estates of Darjeeling, but for the agricultural economy in India and the overarching aim to move towards green transition. We thank NextGen CDR, South Pole and Mitsubishi Corporation for their trust in our measurement technique, operations, team, and above-all their trust in our mission. We would also like to thank all of NextGen’s founding buyers (Boston Consulting Group (BCG), LGT Private Banking, Mitsui O.S.K. Lines, Ltd., Swiss Re, and UBS) on whose behalf the purchase is made. Lastly, We are grateful for all the support from all our investors & well wishers for believing in the Indian CDR story. We look forward to working together with all our stakeholders to solve for climate change and revive the tea estates of Darjeeling. We thank the entire NextGen team for making this possible: K Kartick, Masao Koyama, Megan Kemp, Matthew Le Flocq, Akifumi (Chris) Takigawa, Yushi Horita, Jide Fawole Read the recent #Forbes article covering this here: https://lnkd.in/gRz4-JfP

The stage is set for the inaugural edition of Futures Summit - Delhi leg, starting tomorrow at 9:30 AM sharp at the India Habitat Centre, New Delhi! Get ready to hear from prominent leaders like Mr. Jairam Ramesh, Prof. (Vijay) K VijayRaghavan, Dr. RATHIN ROY, Mr. P D Singh, and more as we dive deep into the future of carbon removal and climate action. 📅Save the date: 16th October 2024 📍Venue: Silver Oak Hall, India Habitat Centre, New Delhi Please note that registrations are now closed—see you tomorrow! Yusuke Tsuji | Alvin Lee | Laura Fritsch | David Armstrong | Anjalli Ravi Kumar | Aditya Ghosh | Shiva Shanker | Mahima Swarup | Mitsubishi Corporation | Puro.earth | Isometric | Zomato | Akasa Air | Ankur Capital | Captur Tower #FuturesSummit #ClimateActionNow #CDR

Explore cutting-edge Carbon Dioxide Removal (CDR) strategies tailored for the Global South, where unique challenges like infrastructure gaps and policy hurdles meet opportunities for innovation. This panel brings together visionaries who are leading the charge in developing impactful CDR solutions for the region. From navigating obstacles to fostering collaboration, these experts will share insights on shaping the future of CDR in the Global South. Featuring Marian Krueger, Co-Founder at remove—startup accelerator catalyzing the development of carbon removal solutions; Shrey Agarwal, Founder at Alt Carbon—India’s leading Enhanced Rock Weathering company; Flo Oberhofer, COO at PyroCCS - Biochar CDR Solutions—pioneering biochar technology; and Mahima Swarup, Director at Paharpur Cooling Towers—India’s largest industrial cooling technology provider & Co-Founder at Captur Tower—specializing in Direct Air Capture (DAC), this session promises key insights on advancing CDR solutions in the Global South. #CDR #GlobalSouth #ClimateInnovation #FuturesSummit2024

👏 We’re excited to welcome Alt Carbon to the Negative Emissions Platform! 🏔 Alt Carbon is driving innovation in carbon removal by accelerating chemical weathering of silicate rock (basalt) in the foothills of the Himalayas. Partnering with the renowned Darjeeling tea industry, Alt Carbon not only helps fight climate change but also improves soil health, boosts crop productivity, and reduces farming costs for local communities. 🍵 Their Darjeeling Revival Project (DRP) is a groundbreaking initiative to transform heritage tea estates into climate action leaders through enhanced weathering (EW) pathways. Currently covering 2,000 hectares, Alt Carbon aims to scale to 500,000 hectares by 2030 across the tea industry in Northeast India. 🙌 We look forward to working with Alt Carbon as they continue their mission to combine carbon removal with community upliftment and sustainability. 🤝 Welcome aboard, Alt Carbon!