Garrett Guard
Carbon · Carbon Removal
#345
overall
Garrett Guard
Removing carbon is just half the battle - we need to store it too
There is an urgent need to scale carbon removal methods. The IEA has outlined that by 2050 we will need 980 million tonnes of DACCS and 1.3 billion tonnes of BECCS if we are to have any hope of meeting our global climate targets. While the capture component of carbon removal is well established in carbon markets, the “CS” - carbon storage - of DACCS and BECCS is a less developed industry with storage value chains acting as a severe bottleneck to the scaling of these carbon removal methods.
Garrett Guard
Playing the devil’s advocate on durability
Carbon
Durability - the length of time carbon is removed from the atmosphere - is for many market participants becoming the central factor when assessing the integrity of carbon dioxide removal (CDR). Frontier, the CDR fund spearheaded by Stripe, has a strict criteria that any recipient of funding must have at least 1,000 years of durability. But why, I hear you ask, are we fixated on storage that lasts longer than the Bayeux Tapestry? Why an entire millenia? Why not 500 years, or 200 years?
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