Ed Ballard and Amrith Ramkumar of The Wall Street Journal report on American Airlines’ investment in sawdust.
- American Airlines is buying carbon offsets from Graphyte, a startup that turns agriculture waste like sawdust into shoebox-sized bricks that trap CO2.
- Whereas other carbon offsets like direct air capture can cost companies $675 per metric ton of CO2 removed, Graphyte is charging American Airlines only $100 per ton.
- Graphyte’s solution is indicative of the role that private sector innovation will play in reducing global emissions.
“Graphyte’s first project in Pine Bluff, Ark., collects waste from two timber mills and a rice-milling operation. The company aims to start manufacturing its biomass bricks in January and burying them in July. By then, it hopes to be making roughly 140 pallets of blocks a day, enough to store 50,000 metric tons of carbon annually.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.