Elimini

At #DEPLOY24, leaders explored how we can accelerate the deployment of clean energy in the United States ⚡ During the event – hosted by the U.S. Department of Energy (DOE) – Elimini SVP Ross McKenzie participated in a panel that discussed how building BECCS projects at scale can help to provide a baseload backbone for fully renewable power grids 💡 Discover more about BECCS 🔗 https://elimini.com/beccs

“The whole idea is that 24/7 renewable power is going to become increasingly in demand as data centers grow, as AI grows. There’s a huge need for that commodity.” – Drax Group CEO Will Gardiner This week, the North American Electric Reliability Corporation (NERC) warned that capacity shortfalls could result in blackout risks for more than half of the US in the next decade. Elimini is ready to deploy realistic solutions like #BECCS that can contribute 24/7 renewable energy to the grid while removing carbon from the atmosphere. For details, read this new story in The Wall Street Journal ⬇️

Today, Elimini joined the Negative Emissions Platform in publishing an open letter on the EU's #CleanIndustrialDeal, calling for: 🎯 Separate targets for permanent carbon removals ✨ Streamlined permitting 🥕 Competitive financial incentives 🏅 Designating “Important Projects of Common European Interest” (IPCEIs) for CDRs 💪 Investment in workforce development Read the full letter here ➡️ https://lnkd.in/d5JjFYZ5

#ETNA24 is off to a great start 🙌 ☀️ Elimini President Laurie Fitzmaurice kicked things off with a breakfast workshop, where attendees discussed the new era of renewable energy and carbon removals ushered in by #BECCS. 🎤 Later in the day, Laurie was featured in a fireside chat on driving carbon removals into the mainstream with BECCS, including the policies, technology, and project considerations that currently factor into standing up BECCS in the US. At #EnergyLive in Houston? Shoot us a DM if you’re interested in connecting with the Elimini team during the event.

Meet our latest knowledge partner 🧠 Elimini will support Stephen F. Austin State University with: ◼ Providing scholarships to forestry and environmental science students with an interest in #BECCS and sustainable biomass management. ◼ Research to advance carbon capture and storage technologies. “We’re thrilled to partner with them and support their students, who will become the leaders and innovators driving the future of carbon removal technologies. Together, we can make carbon removal not just a possibility but a reality.” - Elimini President Laurie Fitzmaurice Learn more 👉 https://lnkd.in/g8KUEYdT

Did you know global data center electricity demand will more than double from 2022 to 2026, with artificial intelligence contributing significantly to that increase? 🤯 While #AI is also expected to help improve energy security and affordability, solutions like #BECCS will need to play a role to ensure this soaring demand doesn’t jeopardize achieving global climate commitments. To learn more, read our latest blog post from Bjoern Reinke

📢For Elimini, the outcome of the recent presidential election won’t slow or pause our US #BECCS plans. Data from the Elimini Decarbonization Survey supports why we’re as bullish as ever and working to: 📈 Advance realistic energy and climate solutions that align with national priorities 📣 Rally institutions to lead the way on decarbonization 🤝 Drive collaboration to build awareness and earn trust For more, read this Carbon Herald op-ed from Elimini SVP Ross McKenzie

An important milestone for carbon removal policy in the EU 📢 This week, the European Council gave the go-ahead for the EU certification framework for permanent carbon removals. The framework lays out 4 criteria for carbon removal activities to be certified: ◼️ They must bring about a quantified net carbon removal benefit. ◼️ They must be additional – the carbon removal is only possible with buyer action. ◼️ They must aim to ensure long-term storage of carbon, while minimising the risk of release. ◼️ They should do no significant hard to the environment. They should result in co-benefits to sustainability goals. And all activities need to be independently verified by third-party certification bodies. Read our response from Mariano Ruiz Funes Molina, VP Government Relations & Stakeholder Engagement.

This week we've been at #Verge24 which brings together climate leaders collaborating to decarbonize their operations and supply chains. Our message has been clear: 📈 To meet Paris Agreement goals, carbon dioxide removals must scale to billions of tonnes by 2050, yet only 0.1% of today’s CDRs come from technologies capable of scaling to make a significant impact. 🎯 Right now, over 34% of the world’s largest companies aim for net zero targets but 93% will miss their goals without accelerating emissions reductions. 💰 By investing in carbon removal credits, companies can get closer to their decarbonization goal while also supporting the scaling up of carbon removal technology. Find out more ➡️ www.elimini.com

And we’re off! #VERGE24 starts today – check out our schedule below. We’re celebrating with the release of our new decarbonization whitepaper. Get more from the link in our comments. If you’re in San Jose, come find us at stand 2508, Expo Hall. ◼ Tues 29th – 12-1pm. Roundtable lunch with Ross McKenzie – “Cutting edge, cutting carbon – BECCS explained.” ◼ Weds 30th – 12-1pm. Roundtable lunch with Gianni Spinelli – “Unlocking the biggest obstacles to scale in engineered carbon removals.” ◼ Weds 30th – 3.15-4.15pm. Breakout session with Ross McKenzie – “Conversations on emerging technologies: Gigatonne-scale carbon removals with BECCS."