Jesse Klein writes in GreenBiz about a carbon removal breakthrough.
- Running Tide has sunk 1,000 tons of limestone-treated buoys a mile deep into the ocean in the first of its kind carbon removal project.
- Shopify will receive 100 metric tons of CO2 emissions removal credits from this project and Deloitte will monitor and measure the true emissions reductions from the sunken buoys.
- Carbon sequestration could be an important climate solution but its impacts must be monitored and verified to help the industry grow, which is something that this project could help to accomplish.
“By sinking the biomass buoys into the ocean, Running Tide and Shopify claim that they have stored the CO2 embodied in the materials for thousands of years — instead of letting it decompose or be burned on land, where it would wind up in the atmosphere more quickly. According to Running Tide, the formula used to calculate the total amount of sequestered carbon reflects the weight of the sunk wood and the amount of limestone dissolved (observed via cameras), which removes carbon and also combats ocean acidification.”
Read the full article here.