Aircapture’s Post

As we strive to meet global emission targets, scaling carbon dioxide removal (CDR) becomes crucial. Even with advancements in carbon abatement, significant residual emissions are projected to linger by 2050. This calls for a robust and comprehensive CDR strategy. Key Takeaways: • Urgent Need for CDR: The industrial, energy supply, and transport sectors will be major contributors to residual emissions. CDR is essential for achieving net zero CO2. • Policy Drivers: Governments can drive CDR demand through carbon pricing mechanisms, regulatory requirements, and financial incentives. This ensures the scalability of durable CDR methods like direct air capture and sequestration. • Global Effort: Collaborative actions across regions are vital. Europe and North America are leading the charge, but global efforts must expand to cover significant residual emissions in regions like Asia Pacific. • Achieving a sustainable future isn't just about reducing emissions—it's about removing existing CO2 from the atmosphere. By leveraging policy, innovation, and collaboration, we can scale CDR to meet our climate goals and create a cleaner, safer planet for future generations. Dive into the full article to discover how we can drive demand for CDR and secure a sustainable future: https://lnkd.in/d9R27WP3 #ClimateAction #Sustainability #CarbonRemoval

As we strive to meet global emission targets, scaling carbon dioxide removal (CDR) becomes crucial. Even with advancements in carbon abatement, significant residual emissions are projected to linger by 2050. This calls for a robust and comprehensive CDR strategy. Key Takeaways: • Urgent Need for CDR: The industrial, energy supply, and transport sectors will be major contributors to residual emissions. CDR is essential for achieving net zero CO2. • Policy Drivers: Governments can drive CDR demand through carbon pricing mechanisms, regulatory requirements, and financial incentives. This ensures the scalability of durable CDR methods like direct air capture and sequestration. • Global Effort: Collaborative actions across regions are vital. Europe and North America are leading the charge, but global efforts must expand to cover significant residual emissions in regions like Asia Pacific. • Achieving a sustainable future isn't just about reducing emissions—it's about removing existing CO2 from the atmosphere. By leveraging policy, innovation, and collaboration, we can scale CDR to meet our climate goals and create a cleaner, safer planet for future generations. Dive into the full article to discover how we can drive demand for CDR and secure a sustainable future: https://lnkd.in/eW87Pxpw #ClimateAction #Sustainability #CarbonRemoval

As we strive to meet global emission targets, scaling carbon dioxide removal (CDR) becomes crucial. Even with advancements in carbon abatement, significant residual emissions are projected to linger by 2050. This calls for a robust and comprehensive CDR strategy. Key Takeaways: • Urgent Need for CDR: The industrial, energy supply, and transport sectors will be major contributors to residual emissions. CDR is essential for achieving net zero CO2. • Policy Drivers: Governments can drive CDR demand through carbon pricing mechanisms, regulatory requirements, and financial incentives. This ensures the scalability of durable CDR methods like direct air capture and sequestration. • Global Effort: Collaborative actions across regions are vital. Europe and North America are leading the charge, but global efforts must expand to cover significant residual emissions in regions like Asia Pacific. • Achieving a sustainable future isn't just about reducing emissions—it's about removing existing CO2 from the atmosphere. By leveraging policy, innovation, and collaboration, we can scale CDR to meet our climate goals and create a cleaner, safer planet for future generations. Dive into the full article to discover how we can drive demand for CDR and secure a sustainable future: https://lnkd.in/guUfTNWS #ClimateAction #Sustainability #CarbonRemoval

As we strive to meet global emission targets, scaling carbon dioxide removal (CDR) becomes crucial. Even with advancements in carbon abatement, significant residual emissions are projected to linger by 2050. This calls for a robust and comprehensive CDR strategy. Key Takeaways: • Urgent Need for CDR: The industrial, energy supply, and transport sectors will be major contributors to residual emissions. CDR is essential for achieving net zero CO2. • Policy Drivers: Governments can drive CDR demand through carbon pricing mechanisms, regulatory requirements, and financial incentives. This ensures the scalability of durable CDR methods like direct air capture and sequestration. • Global Effort: Collaborative actions across regions are vital. Europe and North America are leading the charge, but global efforts must expand to cover significant residual emissions in regions like Asia Pacific. • Achieving a sustainable future isn't just about reducing emissions—it's about removing existing CO2 from the atmosphere. By leveraging policy, innovation, and collaboration, we can scale CDR to meet our climate goals and create a cleaner, safer planet for future generations. Dive into the full article to discover how we can drive demand for CDR and secure a sustainable future: https://lnkd.in/gZtxU4WV #ClimateAction #Sustainability #CarbonRemoval

CO2 Value Europe unveils a pioneering assessment highlighting the indispensable role of Carbon Capture and Utilization (CCU) for achieving #climateneutrality in the EU. Find out more about how #CCU technologies can pave the way for a greener future, reduce industrial emissions and revolutionise key sectors of the economy such as chemicals, fuels, and construction materials. 

I'm excited to announce the release of our latest report on demand for carbon dioxide removals (CDR). Durable CDR is not just an option but a necessity for achieving global decarbonization goals and reaching net zero. Our latest report, Scaling CDR: Demand Drivers for Durable CDR, underscores the urgency and potential impact of policy-driven demand for durable CDR, projecting that significant volumes of CO2 emissions will remain unabated and need to be counterbalanced by 2050. https://lnkd.in/gyKBKZY5 A big thanks to my co-authors for all their support on this study: Amy Sims, Karan Mistry, PhD, Amy Sims, Paulina Ponce de Leon Barido, Alex Dewar, Habib Azarabadi #netzero #decarbonization #carbonremoval #bcg #bcgonenergy #climatetech

🌍 Global 𝐂𝐚𝐫𝐛𝐨𝐧 𝐂𝐫𝐞𝐝𝐢𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at 𝐔𝐒𝐃 𝟕𝟗𝟒.𝟗𝟑 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in 2022, which is expected to reach 𝐔𝐒𝐃 𝟑𝟔𝟓𝟓.𝟏𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in 2030 with a 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟐𝟏.𝟎𝟏% for the forecast period between 2023 and 2030. The awareness of rising #globalwarming has forced researchers to come up with effective solutions. The release of #greenhouse #gas (GHG) has significantly increased which is creating immense threats to the #environment. There are various measures adopted to curb the associated problem like reducing carbon emissions, lowering #carbon particulates from the #atmosphere, etc. #Carboncredits as one the major emission scrubbing tools are expected to have a positive impact across the globe as numerous countries are adopting measures to abide by the regulations. Markets and Data Key Players Operating in Global Carbon Credit Market are: Native Energy Solutions LLC 3Degrees Group, Inc. Terrapass natureOffice GmbH Forest Carbon Ltd Climate Cool Effect South Pole WGL Energy Carbon Credit Capital

As we push to hit global emission goals, scaling up carbon dioxide removal (CDR) is a must. Even with better carbon reduction, we'll still have leftover emissions by 2050. We need a solid CDR plan. Key Points: • Need CDR Now: Big emissions will come from industry, energy, and transport. CDR is key to net zero CO2. • Policy Boost: Governments can push CDR with carbon pricing, rules, and incentives. This helps scale methods like direct air capture. • Global Teamwork: Europe and North America are leading, but we need global action, especially in Asia Pacific. • It's not just about cutting emissions—it's about removing CO2 already in the air. With policy, innovation, and teamwork, we can scale CDR, hit our climate goals, and ensure a cleaner planet for future generations. Check out the full article on boosting CDR demand and securing a sustainable future: https://lnkd.in/d_4pjSQH #ClimateAction #Sustainability #CarbonRemoval

⚙️ Why does engineered carbon removal need ratings? The deployment of engineered CDR at a gigatonne scale per annum is ‘unavoidable’ in every scenario in which the world achieves net zero, according to the UN Intergovernmental Panel on Climate Change. Learn why ratings will be vital to build trust in new or early-stage projects, unlock finance, and scale the sector to meet this challenge: https://hubs.li/Q02mP-Bm0 You can also learn about our industry-first CDR rating of a biochar project: https://hubs.li/Q02mP-XW0 #ScienceFirst #CarbonRatings #CDR #CarbonRemovals

The Intergovernmental Panel on Climate Change (IPCC) has made it clear that CO2 removal (CDR) is a critical tool for achieving net zero by 20501 because they could enable businesses to neutralize residual carbon emissions once all emission reductions efforts have been exhausted. Thus, by 2050, CDR competency could be a core part of management responsibilities across all sectors. This McKinsey report provides an analysis of the market potential for CDR, the investment requirements, and market trends. It also identifies which actions are the most likely to lower barriers to scaling CDR and delineates potential advantages for first movers in different stakeholder groups. Reducing emissions remains the primary, most effective, and preferred response to climate change. But decarbonization alone could prove insufficient to reduce the residual “hard to abate” emissions that may persist in the medium term. Once decarbonization options have been expended, CDR could play a vital role in neutralizing residual emissions; therefore, most scenarios aligned with the Paris Agreement project substantial CDR capacities. Estimates from the Smith School of Enterprise and the Environment’s The state of carbon dioxide removal report, for example, show that six to ten gigatons of CO2 in annual CDR capacity would likely be needed by 2050 for most Paris-aligned net-zero pathways.2 This capacity could not be delivered quickly, however, so efforts would need to begin as soon as possible to ensure 2050 scenarios are achievable.3 Some estimates require an additional 0.8 to 2.9 metric gigatons of CO2 per year of removals capacity by 2030—three to ten times more than the volumes currently estimated to be onstream by that date.4 Biotic feedback loops could also further accelerate the most severe effects of climate change, consequently increasing the speed at which CDR would need to be scaled. https://lnkd.in/gSyUcUsU