Published Jun 28, 2024

Mailbag episode! Interest rates, carbon dioxide removal, load growth, and more

Shayle Kann and Sarah Golden tackle crucial topics affecting the renewable energy landscape, from the impact of rising interest rates on climate goals and the strategic expansion of European energy companies into U.S. markets, to the innovation in carbon dioxide removal technologies and the role of microgrids in addressing grid challenges.
Episode Highlights
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Episode Highlights

  • Carbon Removal

    The conversation around carbon dioxide removal (CDR) technologies highlights the complexity and diversity of methods available. and discuss the wide array of approaches, from direct air capture to biomass and mineralization, each with its own set of challenges and potential. Shayle notes the absence of a clear winner among these technologies, emphasizing the need for a multi-faceted approach to tackle carbon removal effectively.

    It's not clear to me there ever will be a winner, nor is it clear to me that there is anything that could be a winner.

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    The ongoing exploration of these methods reflects the urgency and complexity of addressing climate change, with no single solution meeting all criteria for cost, scalability, durability, and measurability 1 2.

       

    Verification

    Verification and measurement of carbon removal efforts present significant challenges. explains that cheaper, nature-based solutions are often harder to verify, while engineered solutions, though easier to measure, come at a higher cost. This dichotomy complicates the development of a reliable carbon removal market.

    The things that are cheaper today are harder to verify because they tend to be nature-based.

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    Sarah highlights the importance of innovations in verification methods, such as soil carbon measurement techniques, to enhance trust and scalability in the market 3 2.