Our Carbon Dioxide Removals
“There is no net zero without carbon removals.”
The United Nations Intergovernmental Panel on Climate Change (IPCC)
After reasonable decarbonisation efforts have been exhausted, hard to abate emissions must be offset by actual carbon dioxide removals from the atmosphere for Net Zero to be credibly achieved.
Neither the technology, nor the economics currently exist to bring carbon emissions to absolute zero. Every industry, some more than others, will have residual ‘hard to abate’ emissions after they have exhausted all existing decarbonisation pathways.
Those with credible, science-based net zero commitments will first reduce direct emissions, and then ensure that any residual emissions are abated in a permanent, transparent and sustainable way.
Demand for CDR credits is growing exponentially, with demand emerging from blue chip corporate buyers across technology, financial services, aviation, insurance, consumer goods, and other sectors.
While there is a need for all types of high integrity carbon removal projects across nature and technology, biochar as a carbon dioxide removal technology has the advantage of being nature-based but with well understood technology; cost effective compared to other technology-based CDR; durable; and easy to measure, report and verify. Biochar contributes to the circular economy and is increasingly one of the most credible solutions for decarbonising the global economy.
High quality, durable CDR credits are in high demand to support net zero ambitions across the global economy.
CDR credits from Re-Vi’s Kangaroo Island Project are high quality, durable and backed by integrity.
McKinsey’s requirements for high quality CDR | Kangaroo Island Project |
---|---|
Permanence | 1,000 years plus. |
Additionality | Without the project, 2 million tonnes of CO₂ would have been released into the atmosphere over time. |
No leakage | The emissions removals claimed by the project are net of all project emissions. |
MRV | Advanced telemetry in Re-Vi’s technology enables measurement, reporting and verification of removals. |
Credible baselines | Measurement of Carbon in fire-damaged timber plantations is well understood. |
Counted only once | Carbon Credits are registered and not claimed against Nationally Determined Contribution. |
No net harm | The project delivers environmental and social benefits. |