Articles tagged with "carbon-dioxide-removal"
Altitude Expands Ascent 1 Financing Facility To 250,000t Carbon Removals - CleanTechnica
Altitude has expanded its Ascent 1 financing facility for carbon dioxide removal (CDR) from an initial commitment of 50,000 tons to 250,000 tons of carbon removals. Launched earlier this year, Ascent 1 aims to provide structured, long-term financing for high-integrity removal projects, reflecting Altitude’s belief that the CDR market is ready for significant growth and requires larger-scale financial support. The expanded facility is designed to offer developers stronger demand signals, improve price stability, and facilitate the scaling of projects from mid-size to industrial levels. The program continues to prioritize durable removals verified through methodologies from partners such as Puro and other verification platforms, with a global reach that especially supports CDR facilities in the Global South. This scale-up highlights the increasing momentum behind engineered biomass-based carbon removal and acknowledges the challenges of delivering removals at commercial volumes. Altitude emphasizes the importance of rigorous measurement, permanence, and portfolio diversification as it deploys the expanded financing, contributing
energycarbon-removalclimate-financecarbon-dioxide-removalclean-technologysustainabilityenvironmental-financeBig Businesses Are Doing Carbon Dioxide Removal All Wrong
The article highlights a critical gap between corporate climate commitments and effective carbon dioxide removal (CDR) strategies necessary to achieve global net-zero emissions by 2050. According to a report from the NewClimate Institute, many of the world’s largest companies are relying heavily on short-term, nondurable carbon removal methods such as tree planting and soil carbon storage, which only sequester carbon for decades or a few centuries. In contrast, durable CDR techniques—such as injecting CO2 into geological formations or mineralizing it into rock, which can lock away carbon for at least 1,000 years—remain underutilized and currently represent just 0.1 percent of global carbon removal efforts. The report warns that this reliance on nondurable methods without deep decarbonization risks undermining the credibility of corporate net-zero claims. The study examined 35 major companies across sectors including agrifood, aviation, automobiles, fashion, fossil fuels, tech, and utilities. Tech companies, led by Microsoft
energycarbon-dioxide-removalnet-zero-emissionsclimate-changecarbon-capturedurable-carbon-removaldecarbonizationCarbon Drawdown Initiative Innovates On A Lab Test Speeding Up CDR Research - CleanTechnica
The article from CleanTechnica highlights a significant advancement by the Carbon Drawdown team in accelerating research on enhanced rock weathering (EW), a promising carbon dioxide removal (CDR) technique. Traditionally, testing the effectiveness of different rock-soil combinations in field and greenhouse settings has been slow and costly, often taking 200 to 250 days or more to determine if a given pairing increases soil alkalinity—a key indicator of carbon removal. This lengthy process hampers the ability to quickly identify effective combinations and avoid unproductive efforts. The breakthrough comes in the form of a simple laboratory “shaker test” that compresses the evaluation time to just 48 hours. By mixing small amounts of rock, soil, and distilled water in a flask and measuring electrical conductivity (EC) as a proxy for alkalinity changes, researchers found that short-term lab results closely matched long-term greenhouse outcomes. This rapid test could enable project developers to pre-screen rock-soil pairs efficiently, reducing wasted time, money, and emissions
energycarbon-dioxide-removalenhanced-rock-weatheringmaterials-testingclimate-change-mitigationlaboratory-testingenvironmental-technologySyncraft Opens Clean Power Plant That Provides Electricity, Heat, & CDR
energyclean-energycarbon-dioxide-removalbiomassrenewable-energybiochargasification