Biochar has emerged as the most accessible and scalable permanent CDR pathway.
With an average spot price of $194, it’s the cheapest removal method after nature-based solutions, which average $27.
This places it well below the other removal methods in our marketplace:
Mineralization — $289
ERW (Enhanced Rock Weathering) — $299
Building material — $425
#Biochar also dominates in terms of availability, accounting for nearly 50% of engineered removal solutions listed on our marketplace.
Between its price, availability, co-benefits and permanence, biochar is the most mature and at-scale permanent, engineered carbon removal category. It’s the closest permanent category to the long-term target of sub-$100 per tonne that many categories aspire to.
However, it’s not perfect, the market is highly fragmented — most of the producers are small-scale projects owned by private entities, which makes transparent market data, vetting, and monitoring a major challenge.
As the market is still nascent, reliable market information is invaluable for new and experienced buyers alike.
Our latest report synthesizes a snapshot of our upcoming live biochar marketplace data into a series of insights we hope will help buyers make more informed purchasing decisions.
Download the full report in the comments. 👇