Astra Project的动态

I am overjoyed to share that I recently concluded a years worth of work exploring innovative solutions in methane by presenting findings on our new investment thesis on methane removal technologies to my colleagues at Azolla Ventures and Prime Coalition. The findings are timely as they align with important high level discussions and commitments to tackling methane happening at #COP28. Here are three major insights from our thesis on methane removal in short form 1. Both the science regarding methane removal and the technologies that are emerging are early, can be contentious, and are full of potential. If we want a shot at returning the world to balance, we have to consider methane removal in parallel with methane mitigation. Spark Climate Solutions, Astra Project, The National Academies of Sciences, Engineering, and Medicine and many other organizations are doing amazing work to better articulate the multivariate systems level challenge of methane removal at scale. 2. Investment towards methane mitigation has increased substantially but is still insufficient. Announcements on new sources of capital, such as the $450MM in philanthropic capital announced at COP28 focused on methane, signals strong leadership by investors to tackle this problem. Global Methane Hub and others are doing exceptional work communicating the capital gaps in the space and considerations for investors. 3. (Buckle up — this one is tough) The fossil fuel sector has an opportunity to serve as a strong beachhead market for many of these solutions and may help them achieve cost down faster as a function of the unique alignment between the capabilities of methane removal technologies and the need expressed by both oil and gas and coal mines to improve operational efficiency. This was a complicated realization for me and is deeply personal as my journey to working in climate started with Chevron and I spent time in California working in both upstream and downstream aspects of the business. Sometimes revisiting the past is a good way to refresh your perspective about the present. To that end, I’m en route to the Global Methane Mitigation Summit taking place in Houston with the goal of connecting with as many forward looking professionals as possible, diving into the nuance, and learning. Two asks! If you know anyone from a conventional energy major who is committed tackling methane, please put us in contact. If you are interested in learning more about methane removal and getting a copy of our thesis, please let me know here. Thank you Ernest Chow, Erika Reinhardt, David Mann, K Young, Ermias Kebreab, Desiree Plata, Mollie Wilkinson, Jack Lewnard, Ilse Aben, and the countless others who dedicated time to supporting our work on this space.