Residual Aims to Redefine Carbon Removal with Innovative Project Development

Former Oka and BeZero Carbon executives Laura Fritsch and Ted Christie-Miller have launched Residual, a new company dedicated to developing large-scale, high-quality carbon removal projects. Their goal is to address a crucial gap in the industry: ensuring projects are not just scalable, but built to last.

“The future of carbon removal isn’t just about scaling—it’s about scaling right,” said Ted Christie-Miller. “Residual-grade design ensures that our project partners are building long-term assets, rather than long-term liabilities.”

By focusing on best-in-class design and risk mitigation, Residual aims to usher in a new generation of top-tier, scalable carbon removal projects.

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The Technologies Driving Residual

Residual will kick off with biomass-based carbon removal technologies, including biochar and bio-energy with carbon capture (BECCS). According to Christie-Miller, these technologies have the highest potential for rapid development in the next five years.

The company is strategically positioning itself in Brazil, a country with the world’s largest biomass reserves, a strong agricultural sector, and year-round crop production. This location offers a unique opportunity to scale durable carbon removals efficiently.

“Brazil offers an unparalleled opportunity for large-scale biomass-based carbon removal,” said Laura Fritsch. “With its agricultural strength and biogenic waste potential, it is the perfect environment for developing long-term carbon removal projects.”

Building a Bridge Between Industries and Project Developers

Residual is designed to connect industrial players with project developers, ensuring seamless collaboration between the two sides of the carbon removal market. The company’s platform has both developer and buyer-focused solutions, offering tailored support at every stage.

For industrial players, Residual provides guidance from feasibility assessments to carbon credit generation, helping them gain confidence in carbon removal methods that may be unfamiliar.

For project developers, Residual offers end-to-end support, including:

• Project design documentation

• Data monitoring and carbon credit rating

• Insurance preparation and life cycle assessments

A Focus on High-Quality Carbon Credits

The carbon removal market is expected to experience significant growth in the coming decade, driven by both voluntary and compliance-driven demand. Residual is positioning itself as a leader in long-term carbon removal solutions by ensuring that projects maximize carbon credit ratings and minimize insurance costs. These elements are critical for attracting large-scale investments and building market trust.

By prioritizing quality and transparency, Residual aims to set a new industry standard—one where carbon removal projects are built on strong scientific foundations and financial viability.

Science at the Core of Residual’s Approach

To support its ambitious mission, Residual has appointed Mark Goldman as its Head of Science. Goldman, who has extensive experience leading scientific teams at Cloverly and Oneshot Earth, will contribute his expertise in scientific validation, carbon credit methodologies, and environmental impact assessments.With a strong leadership team and a clear mission to elevate carbon removal, Residual is poised to play a pivotal role in the future of sustainable climate solutions.