Catalyzing Carbon Dioxide Removal at Scale: New Report Released

B.C. Centre for Innovation and Clean Energy
Cision Newswire
February 14, 2024
Category: Carbon, Climate & Bioenergy
Region: Canada, Canada West

VANCOUVER, BC – The B.C. Centre for Innovation and Clean Energy (CICE) has released a techno-economic analysis of pathways to remove carbon dioxide from our atmosphere at a multi-gigatonne scale. The “Catalyzing Carbon Dioxide Removal at Scale” report confirms that alongside decarbonization and emissions reduction efforts, big impact strategies for carbon removal are needed to meet 2050 net-zero targets and remain in line with a 1.5°C future. This report uncovers promising economic opportunities and new areas for carbon removal innovation, spanning forest management and wildfire prevention, direct ocean capture and alkalinity enhancement, and direct air capture and carbon mineralization. “This report evaluates viable pathways to scaling CDR. This work supports IBET Climate’s mission to find and develop the technologies, products, and teams to build world class companies that will address at least 1% of the world’s carbon emissions at scale,” said Ron Dizy, Chief Executive Officer at IBET Climate.

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