Mitsubishi and Alt Carbon Expand CO2 Reduction with 70% Less Energy
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📰 The quick summary: A new partnership between Mitsubishi Corporation and Alt Carbon will scale enhanced rock weathering carbon removal technology across South Asia, enabling large-scale and durable CO2 removal that benefits local farmers.
📈 One key stat: Alt Carbon’s enhanced rock weathering technology can store captured CO2 in the ocean for over 10,000 years, providing an extremely long-term carbon removal solution.
💬 One key quote: “Having an institution like Mitsubishi Corporation recognize and support our efforts entrenches our belief in the science and technology behind ERW for carbon removal,” said Shrey Agarwal, Co-founder & CEO of Alt Carbon.
1️⃣ The big picture: Mitsubishi Corporation and Alt Carbon have formed a strategic partnership to expand enhanced rock weathering (ERW) carbon removal technology across South Asia. The collaboration centers on Alt Carbon’s innovative approach of spreading crushed basalt rock on agricultural land, which naturally absorbs CO2 when it interacts with rainwater. This absorbed carbon dioxide then gets stored in the soil before eventually making its way through water systems to the ocean, where it remains locked away for thousands of years. The partnership combines Mitsubishi’s scale and resources with Alt Carbon’s proven ERW technology and local expertise in India, positioning them to become a major player in the carbon removal industry across the Global South.
2️⃣ Why is this good news: This partnership marks significant progress in scaling practical carbon removal solutions in developing regions. The technology not only removes CO2 from the atmosphere but also provides benefits to local farmers through improved soil conditions. The process uses 70% less energy compared to other carbon removal methods, making it more sustainable and cost-effective. The extremely long storage duration of over 10,000 years in ocean sinks provides confidence in the permanence of the carbon removal. Additionally, the project helps establish India as an emerging hub for climate technology innovation.
3️⃣ What’s next: Alt Carbon plans to expand its operations across South Asia with Mitsubishi Corporation’s support. The company will continue rigorous testing and modeling of its operations and technology to optimize carbon removal efficiency. The partnership will focus on scaling up the spreading of crushed basalt rock across more agricultural areas while maintaining their stringent testing measures for generating carbon removal credits. They aim to establish India as a major hub for carbon removal technology and implementation.
Read the full story here: Carbon Herald – Mitsubishi Corporation And Alt Carbon To Scale ERW Carbon Removal In South Asia
