The OpenAir Collective

? NEW REPORT: the Carbon Business Development Council and the Carbon Business Council are thrilled to share that we’ve published a new report titled “Utilities and Carbon Removal: A Gigaton Scale Opportunity,” supported by Breakthrough Energy . ??Utilities and the CDR industry are on the starting line of a decades-long collaboration. The report highlights how utilities can not only provide essential support for the carbon removal industry to grow but also how removals offer substantial benefits to utilities, making them a smart investment. Beyond the direct energy intersections, opportunities abound for utilities to integrate CDR into their assets and operations, which include extensive land management operations, construction projects with carbon storage in long-lived products, and operational budgets. ??The utility regulatory ecosystem may also hold several different benefits for early investments in CDR, recognizing the success and similarities with early utility investments in renewables and storage, utility project management and financing expertise, and the stakeholder-forward process through which utility resource investments are made. As utilities deepen engagement in carbon removal, the report shows how these economic and environmental benefits can translate to cost savings for ratepayers. ?The report dives into four key threads where utilities and CDR can synergize to accelerate the path to #NetZero, exploring: 1?? The role CDR could play on energy utilities’ path to net zero 2?? How energy-intensive CDR can access low-cost, low-carbon energy 3?? How and where CDR pathways can be integrated into utility assets and operations 4?? How regulators might assess and weigh utility CDR investments ?? Partnerships between utilities and CDR developers are essential for success, requiring deeper engagement, expanded technical expertise, and collaborative policy development. Whether you’re a utility, CDR developer, or policymaker, this report offers insights and recommendations tailored to your role in the journey to net zero. ??Thanks to @Breakthrough Energy for supporting this report, and to Nick Pappas, Jon Martindill (NP Energy LLC), Ben Rubin, and Isabella Corpora for their authorship, along with the reviewers who helped bring this resource to life. ? Dive in here: ?https://lnkd.in/gBETtNKC #CarbonRemoval #EnergyUtilities? #NetZero #ClimateTech

The day has finally arrived: DOE has posted a notice of intent (NOI) for funding the remainder of the $3.5B Regional Direct Air Capture Hubs program! Funded projects will be vital for establishing the direct air capture ecosystem in the United States. Notably, in addition to covering mid-scale and large-scale DAC facilities, the new NOI discusses potential funding for infrastructure scaling platforms. These facilities would establish plug-and-play sites with energy, storage, utilization, and/or balance-of-plant infrastructure aimed at allowing multiple DAC developers to start operating and selling credits or CO2 more quickly. Check it out here! https://lnkd.in/exFVG_-N #dac #cdr #climatetech

Kairos is thrilled to announce the close of our pre-seed funding round with Zero Carbon Capital! ?? Kairos is on a mission to remove hundreds of megatonnes of CO2 from the atmosphere by converting contaminated organic waste into sources of value. Our process produces durable carbon removal and recovers clean water and critical minerals from waste. Check out our latest blog post to learn more about what we've been working on! Daniel Murray Sarah Jones Pippa Gawley Alex Gawley Chloe Coates Noah Geeves Dominic Falc?o

Kairos is thrilled to announce the close of our pre-seed funding round with Zero Carbon Capital! ?? Kairos is on a mission to remove hundreds of megatonnes of CO2 from the atmosphere by converting contaminated organic waste into sources of value. Our process produces durable carbon removal and recovers clean water and critical minerals from waste. Check out our latest blog post to learn more about what we've been working on! Daniel Murray Sarah Jones Pippa Gawley Alex Gawley Chloe Coates Noah Geeves Dominic Falc?o