Boston Consulting Group (BCG) has announced the purchase of 50,250 tonnes of carbon dioxide removals (CDRs) through ClimeFi, a portfolio manager specializing in permanent carbon removal. This transaction brings BCG’s total CDR purchases to nearly 200,000 tonnes, placing the firm among the top 10 global buyers of durable carbon removal … [continued]
Today, ClimeFi, in partnership with XPRIZE, formally launched the Global 1000 CDR Challenge at the 29th United Nations Climate Change conference (COP29 Azerbaijan) taking place in Baku. The challenge calls for immediate action by each of the world’s largest 1,000 companies to enter new purchase agreements for at least 1,000 … [continued]
Twenty-four Semifinalists Selected for DOE Historic Carbon Dioxide Removal Purchase Prize Will Create a Just and Sustainable Framework for Scalable Carbon Management and Help Develop a Carbon Dioxide Purchasing Market to Encourage Technology Innovation WASHINGTON, D.C. — As part of President Biden’s Investing in America agenda, the U.S. Department of … [continued]
Carbon Dioxide Removal (CDR) has taken another leap forward as a viable & scalable solution towards meeting the net-zero emission goals set by the Paris Agreement. Carbonfuture, the leading Trust Infrastructure for durable carbon removal, has announced a CDR sensor suite which will find its first implementation through a tracking … [continued]
Study Finds Offshore Energy Could Help the World Reach Critical Carbon Removal Goals (And a Bubbly, Soda-Like Method Might Be Our Best Bet) The Caribbean has a problem, and it stinks. Atop the Caribbean Sea’s famously pristine waters floats a 5,000-mile-wide heap of rust-colored, brambly seaweed. When that seaweed, a form … [continued]
At present, we lack a carbon market that effectively incentivizes emissions reductions at the scale needed to limit global warming to below 1.5 degrees Celsius. Tethering the carbon price to the cost of carbon dioxide removal provides a pathway to effectively determine the value of carbon emission reductions. Humanity is … [continued]
Carbonfuture has announced a partnership to provide its Carbon Removal Infrastructure to CEEZER, a digital platform for large-scale carbon credit procurement and management. The collaboration is set to integrate Carbonfuture’s inventory of vetted durable carbon removal credits onto CEEZER’s platform, opening up access for its corporate clients. Carbonfuture has the … [continued]
Carbon removal and MRV platform Carbonfuture hosted its first carbon removal conference in Basel in April. The primary objective of the event was to accelerate and scale high-quality, trustworthy carbon removal. The event was a carefully curated gathering of top innovators and experts in the carbon removal space, organized by … [continued]
Since the Industrial Revolution, humans have emitted more than 2,000 gigatons of carbon dioxide into the atmosphere. (A gigaton is one billion metric tons.) This concentration of CO2 and other greenhouse gases in the air causes the climate change impacts we’re experiencing today, from forest fires to stifling heat waves … [continued]
Restoring forests marks one of six approaches PNNL researchers are exploring as they seek to understand which carbon dioxide removal methods can limit global warming to 1.5 degrees Celsius over pre-industrial levels by the end of the century.
