We need to lock billions of tonnes of CO2 underground
What is the biggest problem start-ups in the field of Sustainable Tech are facing?
In the start-up scene, everyone talks about financing to get enough money for their own solution. In my eyes, this works well in Europe and the US, because there is a lot of interest from investors in supporting sustainable companies. People have realized that we need to solve these problems urgently. So, money is not the biggest issue.
The biggest problem is the sheer size of the task. You have to keep that in mind: We need to remove billions of tonnes of CO2 and lock it underground very quickly. There are different ways to do this. We have our enhanced weathering approach, putting rocks on fields and letting them decay and capturing carbon that way. There's direct air capture, which, through different systems, can strip CO2 from ambient air (no mean feat at 420ppm!), condense it and then put it underground. With all these solutions, new systems have to be developed to transport the CO2 or put it underground. All of this is uncharted territory.
If we had time, if we had 30 years to solve this problem, then it would be fine. But we don't. We are trying to get it done quickly and effectively. There is little room to go down the wrong path, we have to be sure of our approach and then implement it quickly and at a large scale.
The ship has left port, but we can still change its course
Maybe you can give us a little hope. Do you think they think this task is still doable? Or has the ship already sailed?
The ship has left port. I don't think it necessarily has to share the fate of the Titanic, just yet. But we've seen this summer how far climate change has gone. The flooding in Pakistan, the droughts in many parts of the world should be another wake-up call for all of us. What is needed is fundamental change.
But I wouldn't be doing this if I didn't think we had a chance. Change is always hard. There's an inertia in the way we live that we have to overcome. But once we get enough weight behind us, we can almost certainly set the ship on a different course.
Carbon removal has also become really topical in the last two years. There is more and more interest from all sides. We are pleased to have the support of Ergo and Munich Re, and there are accelerators for carbon removal in Europe and abroad. Those are a lot of promising steps, and more are coming. Still, it will take a lot of energy to really change the way we live.
Outlook
What is your most important milestone in 2023
We did a lot of field trials in 2021. That gave us the confidence that this material works extremely well to remove carbon. In 2022, we scaled it up. We went from one-hectare-in-size in field trials and small lab trials to 125 hectares in just a year.
Next year, we want to repeat that. That means working with more farmers, getting more material, and also increasing the size of the team.
We learn a lot every time we put material on the ground. We can be more efficient the next occasion and be able to remove more carbon per amount of material we’re putting on the ground. Increase the bang to buck ratio, that is our goal with each iteration of our field and lab work.
More material on the ground next year, more data and more knowledge. That is what 2023 looks like for us. We are really looking forward to seeing how far we can grow our understanding and carbon removal capacities in the next 12 months. If the last 12 are anything to go by, I expect we will achieve a lot during 2023.