Most have heard of carbon offsetting and of the junk credits often associated with it.
Furthermore, it has now added the worlds first live pricing and availability for biochar.
The London-based startup says it now offers transparent data for 80% of the high-quality biochar solutions globally.
It’s free, every week, in your inbox.
Sometimes far in the future, and sometimes from technology that has not yet scaled sufficiently.
Having live data from biochar projects means that purchases can have a more immediate impact.
We cant have the carbon removal industry affected by the same problems that the Voluntary Carbon Markets have.
What is biochar?
Biochar involves converting organic waste materials into a stable form of carbon through a process called pyrolysis.
This means subjecting it to high temperatures (300-700C) in a low-oxygen environment.
It then resists degradation, which allows it to sequester carbon for thousands of years when added to soil.
Biochar is one of the most accessible forms of carbon removal.
However, as You mentioned, that growth is dominated by low quality projects.
High-quality credits average $220 per tonne, 30% higher than low quality credits.
As such, it is imperative that buyers understand why they are paying the extra cost.
The company was recently named one of the World Economic Forums Technology Pioneers for 2024.
Customers include Virgin Atlantic, Tide, XTX Markets and The Economist Group.
You founded Supercritical in 2021, together with Aaron Randall, the companys CTO.
Story byLinnea Ahlgren
Linnea is the senior editor at TNW, having joined in April 2023.
Dabbles in gaming and fitness wearables.
But first, coffee.
