Today I want to shed some light on an important topic: Carbon Dioxide Removals (CDRs). Many of you may be familiar with carbon credits, but CDRs take climate action legitimacy to the next level. In this blog post, I will explain what CDRs are, how they differ conceptually from carbon credits, and why they can offer superior benefits for both the environment and corporate purchasers.
Let's start with the basics. A CDR, as the name suggests, involves the removal of carbon dioxide (CO2) from the atmosphere using various nature-based and technological solutions. The goal is to actively remove CO2 from the atmosphere and store it, thus mitigating climate change impacts. Now, you might be wondering, isn't that just a Carbon Credit? Well, not really carbon credits are based on the principle of offsetting emissions. They allow companies to invest in projects that reduce or avoid greenhouse gas emissions equivalent to their own emissions. While carbon credits can contribute to emissions reduction, they do not actively remove CO2 from the atmosphere. CDRs, on the other hand, actively capture and store CO2, leading to a net reduction in atmospheric CO2 levels. So, why are CDRs superior to carbon credits? Let's explore the benefits:
Environmental Impact: CDRs offer a more direct and impactful approach to combating climate change. By removing CO2 from the atmosphere, CDRs help in reversing the harmful effects of greenhouse gases. This active removal contributes to a significant reduction in atmospheric CO2 levels, leading to a cleaner and healthier environment for future generations.
Long-Term Durability: CDRs evaluation criteria generally involves long-term durability, with CO2 being stored for extended periods. Some CDR methods, such as geological storage through BECCS and DACS, ensure that captured carbon remains sequestered for centuries to millennia. This durability makes CDRs a reliable and sustainable solution for achieving net-zero emissions.
Additional Climate Goals: CDRs align with multiple climate goals beyond net-zero emissions. For instance, companies like Microsoft have set ambitious targets to become carbon negative, aiming to remove more carbon from the atmosphere than they emit. CDRs provide an avenue to not only offset emissions but actively work towards carbon negativity, helping companies lead the way in environmental stewardship.
Scientific Rigor and Transparency: CDRs prioritize using scientifically rigorous methods for monitoring and verification. This commitment to transparency ensures that the claimed carbon removal is accurate and can be trusted. By adhering to stringent standards and guidelines, CDRs provide a high level of confidence to corporate purchasers regarding the environmental impact of their investments.
Net Removal of Atmospheric CO2: Unlike carbon credits, which primarily focus on offsetting emissions, CDRs prioritize net removal of atmospheric CO2. This means that CDR solutions result in additional carbon removal that would not have occurred otherwise. By actively reducing the CO2 concentration in the atmosphere, CDRs make a tangible difference in combating climate change.
For corporate purchasers, engaging in CDR solutions offers several advantages. Firstly, it allows companies to demonstrate a genuine commitment to environmental sustainability by actively investing in carbon removal. This can enhance their brand reputation and stakeholder trust, attracting environmentally conscious customers and investors. Secondly, as the demand for CDR solutions grows, companies entering the CDR market as buyers have an opportunity to shape and influence industry standards. By prioritizing high-quality CDR solutions and establishing stringent criteria for their procurement, corporate purchasers can drive the development of a robust and reliable CDR marketplace. This proactive engagement positions companies as leaders in the fight against climate change while fostering innovation and technological advancements in CDR solutions. Furthermore, by incorporating CDRs into their climate strategies, companies can go beyond mere carbon neutrality. They can actively contribute to the restoration of ecosystems, support sustainable land management practices, and invest in groundbreaking technologies that have the potential to revolutionize carbon capture and storage. This holistic approach not only helps achieve environmental objectives but also aligns with the United Nations Sustainable Development Goals, driving positive social and economic impacts. While CDRs offer immense potential, it is important to acknowledge the challenges that lie ahead. The CDR market is still in its infancy, and supply currently falls short of the requirements suggested by organizations like the IPCC. However, this presents an opportunity for corporate purchasers to be early adopters and help accelerate the development and deployment of high-quality CDR solutions. In conclusion, CDRs represent a significant leap forward in the fight against climate change. They offer a more proactive and impactful approach to reducing atmospheric CO2 levels, delivering long-term durability and supporting additional climate goals. For corporate purchasers, engaging in CDR solutions demonstrates a genuine commitment to environmental sustainability, fosters innovation, and enhances brand reputation. At Carbek, we are proud to be at the forefront of this transformative movement, offering Regenerative Agriculture Services, BioChar, and CDRs to empower businesses in their journey towards a greener future. Together, we can make a tangible difference and ensure a more sustainable planet for generations to come. Let's embrace the potential of CDRs and work hand in hand to build a world that thrives on carbon negativity and environmental resilience. Thank you for joining me on this journey, and I look forward to seeing the positive impact we can create together. Best Regards, Ryan Shore Founder & CEO