Published by Todd Bush on November 26, 2024
Planetary Technologies has achieved a major milestone by delivering the world’s first net Ocean Alkalinity Enhancement (OAE) carbon removals. This breakthrough represents the removal of 138 tonnes of carbon dioxide and showcases the potential of collaboration across academia, industry, and communities. The delivery demonstrates the feasibility of ocean-based carbon removal at scale and marks a significant step forward in the fight against climate change.
>> In Other News: Summit Carbon Solutions Takes Another Step Towards Midwest Carbon Express Pipeline
A few years ago, ocean-based carbon removal was merely a concept. Today, Planetary’s Halifax project has turned this vision into reality through the tireless efforts of its science and operations teams. The initial release included 96 tonnes delivered to Shopify and 42 tonnes to Stripe, under a prepurchase agreement facilitated by Frontier’s advance market commitment. This collaboration reflects the immense trust these partners have in OAE technology and its transformative potential.
"Delivering the first net OAE credits is a monumental step, not only for Planetary but for the entire field of ocean-based carbon removal," said MIKE KELLAND, CEO of Planetary Technologies. "Thanks to our pioneering partners, we’ve shown that this is both safe and effective at this small scale and responsibly cleared the way for the next set of credit deliveries."
OAE is more than just a carbon removal method; it’s a science developed through collaboration with leading institutions like Dalhousie University and Nova Scotia Power. These partnerships have been vital in advancing and validating OAE at its current scale, ensuring it is both safe and effective. Through their work, Planetary has contributed to crucial frameworks for verification and validation, laying the groundwork for the future of carbon removal.
Over the next year, a series of academic publications will further disseminate the results of this project. Early findings include:
Environmental SafetyNo measurable impacts on local ecosystems were observed, and no accumulation of metals or toxins was detected in the sediments.
Breakthrough Measurement TechniquesInnovative high-resolution local ocean modeling and advanced observation approaches refined the ability to monitor and assess OAE’s effectiveness.
Scalable Carbon Dioxide Removal InsightsCutting-edge ocean models guided monitoring efforts and quantified near-field carbon dioxide removal outcomes.
"Every success has involved teams of Principal Investigators, scientists, and engineers working toward a shared goal of scaling ocean-based carbon removal in ways that are trustworthy and scientifically sound," Planetary stated.
This achievement goes beyond Planetary Technologies’ innovation. It signals progress for the entire carbon removal field, providing a scalable, ocean-based solution to combat climate change. Each tonne of CO2 removed contributes to healthier oceans and a more stable climate, emphasizing that collaboration is essential to addressing complex global challenges.
Planetary is committed to scaling the potential of OAE for carbon removal while maintaining the highest standards of environmental stewardship. "This is just the beginning of our journey to unlock the full potential of ocean alkalinity for carbon removal," said Planetary in a statement.
Planetary’s vision extends beyond simply scaling up. The company focuses on a holistic approach that includes collaboration with local communities, scientific rigor, and environmental stewardship. By fostering trust and partnerships, Planetary aims to create a model that delivers significant climate impact while preserving ocean health and supporting the well-being of communities that rely on these ecosystems.
As Planetary builds on this success, the company invites everyone to follow their journey. Together, they aim to restore and protect the ocean and climate for future generations.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌍 5 Key Carbon Removal Innovations That Shaped 2024 🧪 New Material Could Capture Millions of Tonnes of Atmospheric Carbon 💰 DOE Re-opens Funding Opportunity, Making $500 Million ...
Inside This Issue 💰 OCED Announces up to $1.8 Billion in New Funding for Transformational Direct Air Capture Technologies 🌱 BP Announces Investment Decision for “Lingen Green Hydrogen” Project 🧪 C...
Inside This Issue 🌊 ExxonMobil Partners with Worley for Groundbreaking Blue Hydrogen Facility in Texas 🏗️ Holcim Group to Test Capsol’s Carbon Capture Technology as a Step Towards Decarbonized Cem...
Bill Gates Funds Carbon Removal Startup Deep Sky Corp to Combat Climate Change
A Bold Step Towards a Greener Future Breakthrough Energy, the clean-tech venture led by Bill Gates, has granted $40 million to the Montreal-based carbon-capture startup Deep Sky Corp. The initiat...
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today announced that it has entered into an underground pore space easement agreement with an affiliate of Reliant Carbon Capture & St...
Sunlight Can Split Water Directly Into Hydrogen For The Fuel Of The Future
A reactor that splits water to make hydrogen using sunlight and catalysts, without conversion to electricity in between, has operated successfully for three years. Using nothing but sunlight and p...
Germany: SPIE Installs the World’s First Industrial-scale CCU Facility for a Cement Plant
SPIE, the independent European leader in multi-technical services in the areas of energy and communications, is installing the world’s first industrial-scale Carbon Capture and Utilisation (CCU) fa...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.