🌍 Exciting times for RepAir Carbon Capture Carbon at #VERGE 2024! Being part of this inspiring convergence of climate tech entrepreneurs, organizations, non-profits, and companies committed to climate innovation and carbon market develpment has been a game-changer. Proud to see RepAir showcasing our technology alongside such pioneering voices! 👏 Kudos to Amir Shiner for representing RepAir’s vision and dedication during his pitch. Here’s to driving more action and collaboration toward a carbon-negative future! #VERGE2024 #ClimateTech #CarbonMarkets #RepAirCarbon
🌎 Wrapping up a productive week at the #Verge conference! Engaging discussions, valuable connections, and an exciting on-stage opportunity for RepAir Carbon Capture were among the highlights! One session that really stood out was "The State of Carbon Removal", which presented some eye-opening insights on achieving net zero in the U.S. by 2050. A critical takeaway was that cost remains the primary driver for widespread Carbon Dioxide Removal (CDR) adoption. While the technical potential exists to capture 1 gigaton of CO₂ annually, the price tag—$130 billion per year—is steep. But, this investment is modest compared to the ongoing toll of fossil fuels and climate disasters. Another clear message was that as Direct Air Capture technology scales, embracing innovative business models will be essential. One promising approach? Treating carbon removal as a service rather than a product—like garbage disposal for the invisible “waste” of excess CO₂ in our atmosphere. At RepAir Carbon Capture, we're committed to addressing these challenges head-on. Our focus on cost efficiency and flexible business models aims to unlock the full potential of DAC technology. #Verge #CarbonCapture #DAC #NetZero #CDR