8 Rivers’ Post

🌏 Even if we hit the brakes on emissions today, there is still too much CO2 in the atmosphere to meet net zero by 2050. Engineer and Professor Klaus Lackner realized this back in 1999, at the 24th Annual Technical Conference on Coal Utilization and Fuel Systems in Clearwater, FL, where he proposed the concept of directly scrubbing CO2 from the air. 🏅 As of Wednesday, the U.S. Department of Energy (DOE) Regional DAC Hubs program issued the first tranche of award funding — $50 million — for the Project Cypress DAC Hub announced in August of 2023. #CDR #DACHubs #ProjectCypress #directaircapture #cleantech #climate #netzeroby2050 Read more about the DAC Hubs here 👇🏽

New research in Joule (Cell Press) shows that the costs of three direct air capture (#DAC) technologies are coming down, but are not yet close to the target cost of sub $100: • Liquid Solvent $226-$544 (i.e. Carbon Engineering/Oxy) • Solid Sorbent $281-$579 (i.e. Climeworks) • Ambient Weathering $230-$835 (i.e. Heirloom) Read more in "Cost of direct air carbon capture to remain higher than hoped" here: https://lnkd.in/euGzCSB7 #sustainability #energytransition #IRA #CO2 #carbon #decarbonization #decarbonisation #carboncapture #ccs #ccus #carbonremoval #directaircapture 1PointFive

Verra has released a new and innovative carbon capture and storage (CCS) methodology. The new methodology (VM0049) is a globally applicable framework for technology-based CCS activities that generate carbon dioxide removals (CDRs) and emission reductions. CDRs are considered a critical element of corporate net zero climate strategies

📢 Verra has released a new and innovative carbon capture and storage (CCS) methodology. ▶ The new methodology (VM0049) is a globally applicable framework for technology-based CCS activities that generate carbon dioxide removals (CDRs) and emission reductions. CDRs are considered a critical element of corporate net zero climate strategies. ▶ VM0049 outlines the overarching requirements for CCS projects. Projects will select from a set of modules for different CO2 capture, transport, and storage activities to quantify the carbon removals and emission reductions they generate. These modules can be combined to suit a project’s specific design or its technological needs. ▶ This modular format is adaptive to project expansions, the development of shared infrastructure, and future innovations. ▶ Verra expects to release the first batch of modules in the next few months, covering direct air capture, transportation of CO2, and storage of CO2 in saline aquifers and depleted oil and gas reservoirs. Learn more: https://bit.ly/3RMybMx #Verra #CarbonCredits #CarbonMarkets #ClimateAction #CarbonCapture

Wind-assisted propulsion, like rotor sails, is emerging as a viable option to support shipping's decarbonisation goals. Do you think wind propulsion technologies can significantly reduce emissions in the maritime industry, or will they remain a niche solution? What challenges or opportunities do you see for widespread adoption of these technologies? https://lnkd.in/dYNycd4k Via Ship Technology #MaritimeIndustry #Decarbonisation #GHGEmissions

Low-carbon tech: can direct air capture rise to the challenge? Most decarbonization is point-source abatement: reducing high concentrations of newly emitted CO2, such as replacing fossil fuels with renewables and the capture and storage of industrial emissions (CCUS). CDR’s (carbon dioxide removal) primary role, will be to hoover up the rest of society’s emissions, including historical emissions lingering at low concentrations in the atmosphere. Read the full article: https://lnkd.in/dGKnASDC Gastech 2024 will take place from 17-20 September in Houston, under the theme transforming energy through vision, innovation and action. Find out more at: https://lnkd.in/e93-kgN #Gastech #Climatetech #Hydrogen 

Collaboration and investment are paramount to unlock the full potential of carbon capture in industrial decarbonization. We are thrilled to spotlight two groundbreaking projects announced with our partners RTI International and TDA Research and supported by the U.S. Department of Energy (DOE). Together, these projects aim to prove the capability of two brand-new technologies and economically capture 278,000 metric tons of CO2 annually (equivalent to offsetting emissions from 52,000 gasoline-powered cars).   One of the projects leverages innovative nonaqueous solvent (NAS) technology in the paper industry sector at International Paper’s Vicksburg Containerboard Mill. This collaboration between RTI International, International Paper, SLB, and Amazon represents a significant step toward large-scale carbon capture.   In the power sector, as part of our partnership with TDA Inc., we will test an emerging sorbent technology at the Wyoming Integrated Test Center adjacent to Basin Electric Power Cooperative’s Dry Fork Station. This project aims to refine carbon capture systems for the energy industry, marking a critical advancement in our decarbonization technology de-risking efforts.   Together with our partners, we’re making strides in delivering effective solutions for industrial decarbonization. I am confident that we are on the right track to making a material impact on industrial emissions through technology.   #WeAreSLB #SLBNews #CarbonCapture

Texas can increase power generation from fossil fuels and lower emissions with carbon capture and storage technology. Carbon capture and storage will play a vital role in providing affordable and reliable energy in the future. #Texas #power #txenergy #txpower #CCUS #CCS #carboncapture #carbonstorage #energy #ERCOT #carbonemissions #innovation #sustainability #fossilfuels

Interesting article on Carbon Capture and Storage (CCS). CCS - A big momentum, driven by Policy; where the key hurdle is not technology but "its money" (Source: Powermag.com) #CCUS #carboncapture #powergeneration #powerplant #cleanenergyfuture

Is carbon removal effective? In the face of considerable doubt, establishing a new methodology is a step forward. But on the face of it, it's hard to assess the methodology. So, what were the difficult choices or baseline modelling assumptions made? What are the differences are compared to the draft release? Verra promises to release a summary of the public consultation (which will be helpful to answer these questions). Note also further methodologies on #directaircaputure are expected. The more clarity we have on how the hard questions were answered, the easier it will be to have the methodology accepted and facilitate the transition towards a less carbonized society. Students: have a read through the methodology. What is your one take-away? #carboncredits #netzero #greenwashing