Sheridan, Wyoming, USA
30 N Gould St, Ste 9406
Postal Code 82801
Buenos Aires, CABA, AR
Esmeralda 950, C.F.
Código Postal C1007
49 Jamaica St, Level One
Postal Code L1 0AH
This is part of a four-piece Climate Series designed to help large emitters chart an achievable path to net zero emissions. Access the full series here.
You've analyzed your company's carbon footprint and started reducing your Scope 1 and Scope 2 emissions to as close to zero as possible. Now, you're looking to remove your remaining emissions from the atmosphere for as long as possible. This article will outline the carbon removal solutions that enable reaching true net zero emissions, and will show the numerous benefits to choosing a systems-designed solution, such as Recapture, specifically dedicated to removing your company's unavoidable emissions.
Carbon removal is the process of capturing carbon dioxide (CO₂) from the atmosphere through natural or mechanical sequestration methods in order to permanently or semi-permanently store it in plants, soil, rock, or the ocean. Combined with a transition to renewable energy, carbon removal is the only standard for companies to achieve true net zero emissions. Investing in carbon removal provides a measurable way to extract 1 ton of carbon for every 1 ton emitted.
To mitigate the devastating effects of the climate crisis, the Paris Climate Agreement requires limiting global warming to a 1.5 °C increase from pre-industrial temperatures by 2050, if not earlier. Unlike other methods of carbon offsetting that focus on avoiding or reducing emissions, often with questionable efficacy and ethics, removal-based solutions are the only impactful way to reach this goal. By sequestering CO₂ and other greenhouse gases out of the atmosphere, we neutralize the catalyzing agent causing the earth's temperature to rise, thereby mitigating future, fatal, disaster-inducing events. Reducing fossil-fuel reliance and heavy polluting is crucial in this effort, but with time having run out for slower methods of intervention, reduction and avoidance alone will do nothing to alleviate the excess carbon that is at the root of the devastation we are already seeing. Dramatic as it may sound, the fate of humanity truly relies on removal.
Regardless of which method of sequestration you choose to invest in, carbon removal solutions (CRS) should be dedicated to your company and your company alone. Buying credits from the carbon market via a third-party broker as a way to claim carbon neutrality blurs the efficacy (and the math) of your net zero efforts. Partnering on dedicated carbon removal projects means each ton of carbon removed by a specific CRS is dedicated to offsetting your company’s specific emissions. This offers clarity and insurance for your stakeholders, employees, and sustainability efforts that your company is removing 1 ton of carbon for every 1 ton it emits.
The leading dedicated carbon removal solutions available today are reforestation/afforestation, Direct Air Capture (DACS), and systems-designed CRS. However, not all solutions are built the same. Factors such as cost, rate of deployment and scalability, and availability for future growth need to be taken into consideration when choosing a portfolio of solutions that are right for your company. Here is a breakdown of some of the pros, cons, and costs associated with the dedicated CRS's available today:
The process of establishing a forest where there was no previous tree cover (afforestation) or replanting trees and seedlings on cleared or degraded forestland (reforestation).
Arbor Day Foundation - $20/ton - 10 tons of CO₂ per year
Carbonfund.org - $10/ton - 10 tons of CO₂ per year
A technology that mimics natural sequestration processes through a system of machinery engineered to extract atmospheric CO₂ and store it deep within the earth as stone.
Carbon Engineering - $94-$232/ton (potential) - 1M tons of CO₂ per year (per facility)
Climeworks - $500-$600/ton - 4,000 tons of CO₂ per year (per facility, increasing)
Silicon Kingdom Holdings (Mechanical Trees) - in development - 1 ton of CO₂ per 12 "trees"
Solutions that are systematically designed to maximize sequestration efficacy by integrating as many carbon removal solutions as possible, while taking into account the full spectrum of obstacles preventing global businesses from investing in carbon removal as part of their corporate climate strategy---significant financial expenses, the threat of greenwashing, and low-quality carbon credits.
Recapture - from $12/ton - 100+ tons of CO₂ per year
Want to see how Recapture’s systems-designed, dedicated CRS can impact your net-zero strategy? Our experts are ready to put together a complimentary profit-driven model specific to your business.