Weekly Carbon Removal Updates from 26 August - 01 September 2024 | CDR | CO2 Removal

𝐖𝐞𝐞𝐤𝐥𝐲 𝐂𝐃𝐑 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬
Here's your round-up of top #CarbonDioxideRemoval News / Developments from this week (𝟮𝟲 𝗔𝘂𝗴𝘂𝘀𝘁 - 𝟬𝟭 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰):

TotalEnergies has signed a $100 million agreement with Anew Climate and Aurora Sustainable Lands to preserve sustainable carbon sinks.
https://anewclimate.com/news/TotalEnergies-Invests-in-Sustainable-Forestry-Operations

Enhanced rock weathering startup Eion Carbon is set to receive an investment from the Exelon Climate Change Investment Initiative. Exelon is the largest utility company in the U.S.
https://carbonherald.com/eion-wins-investment-from-exelon/

Puro.earth issued 1st Terrestrial Storage of Biomass CORCs to WoodCachePBC. By the mid-2030s, Woodcache plans to contribute a gigatonne of CDR/yr to fight climate change. Their 1st full-scale project aims to contribute 3,000t of removal in 2024.
https://www.linkedin.com/posts/puro-earth_cdr-terrestrial-corcs-activity-7234600650498596865-uXrw

Marubeni Corporation and Japan Petroleum Exploration Co., Ltd. have entered into a joint study agreement with PT pertamina to conduct a feasibility assessment on BECCS at a pulp mill and nearby oil field area in South Sumatra Province, Indonesia.
https://www.marubeni.com/en/news/2024/info/00038.html

CEEZER announced the graduation of the 2nd cohort of the CEEZER Carbon Coalition, a program targeted to early-stage project developers working on CDR solutions.Firms selected are: AirSmat Inc, Heimdal, PRONOE, RECOAL AG, SeaO2, Silica, and ZeroEx
https://www.ceezer.earth/insights/second-cohort-of-the-ceezer-carbon-coalition

Germany-based company Kumo has launched a platform allowing carbon project developers to model their financing needs and plan investments by putting them in touch with prospective lenders.
https://www.qcintel.com/carbon/article/kumo-launches-lending-tool-for-carbon-project-developers-28530.html

The global carbon dioxide removal market size is estimated to grow by USD 21.25 billion from 2024-2028, according to a new report by Technavio.
https://www.technavio.com/report/carbon-dioxide-removal-market-industry-analysis

Canada's carbon sink potential could go up in smoke, says new research.
https://www.nature.com/articles/s41586-024-07878-z

About 6% of the total uptake of carbon dioxide by the ocean is due to rainfall, a new study finds.
https://www.nature.com/articles/s41561-024-01517-y 

A new study suggest a maximum global storage rate of 16 GtCO2 yr−1 by 2050, but this is contingent on the United States contributing 60% of the total.
https://www.nature.com/articles/s41467-024-51226-8

For more details, visit Carbon Removal Updates Substack Newsletter:https://carbonremovalupdates.substack.com/

#cdr #carbonmanagement #carbonremoval #biochar #carboncapture
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Видео Weekly Carbon Removal Updates from 26 August - 01 September 2024 | CDR | CO2 Removal канала Carbon Removal Updates Bulletin