π¨It's happening! π¨
The biochar world is changing, and fast. After writing about what didn't go well, I dive into how I think the industry *can* scale.
New post on biochar for carbon offsets:
https://t.co/IRcUpnR3GH
Excited to share that we're hiring our first ever Head of Science at Stripe Climate. Since we started ~18mos ago, our fund size has grown substantially and CDR approaches have become increasingly diverse. So we're growing, too. Please share widely! https://t.co/sWMN9HIrNb
@SampoTukiainen@carbofex Always been a cost issue, imo. Tough to sort out how to make the char cheap enough to use as aggregate. As always, we're gonna need more pyrolyzers.
π¨It's happening! π¨
The biochar world is changing, and fast. After writing about what didn't go well, I dive into how I think the industry *can* scale.
New post on biochar for carbon offsets:
https://t.co/IRcUpnR3GH
@stickfarmeruk Right! I read a collection of old papers on charcoal use in fields, mostly from the US circa 1750-1850, and it's insane. They knew about nutrient capture, water retention. π€―
@RobertHoglund (Usually) Not long enough in duration, and usually not high enough volume to cover the risk.
I suspect @southpoleglobal's Carbo Culture deal, and carbon.future's @PacificBiochar deal are some of the larger ones, but I don't have specifics.
Lots of pre-purchases would help.
@RobertHoglund Thanks Robert!
I would say everyone raising right now has something defensible - carbo culture tech, climate robotics tech/ai, pure life tech, etc.
Re project finance: ideally, equity isn't used for equipment as risk π. As the piece lays out, I hope that changes fast.