1010 Solutions

Recibidas : Estas son todas las innovaciones que Team for the Planet ha recibido a través de su formulario de presentación de innovaciones

We offer carbon removal credits at lower prices than anyone else.

Lever of action
Capture
Sector
Other
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Submission date 15 de junio de 2023 Founders Daniel Neetzel Development location Delware, USA

Detailed project

NB: this form is filled entirely by the ones submitting the innovation.

What is the issue addressed?

To achieve net zero emissions, carbon dioxide removal technologies are unavoidable (IPCC, 2022). The challenge in scaling CDR are high (land and energy) removal fix costs, resulting in $/tCO2 removed to currently range between $600-$1000. Thus, the IPCC’s targets could only be met through de-growth.

How is the problem solved?

To offer low-cost CDR, 1010 Solutions employs diatoms in nutrient-rich river environments to sequester carbon via this nature-based technology. Our diatom approach follows established research showing that diatoms’ silicate cell wall promotes long time carbon preservation in aquatic sediments.

What is the customer target?

Our clients are businesses that are looking to accelerate their transition to sustainability to meet demands by increasingly environmentally conscious customers. We are also looking into serving customers directly via carbon off-set subscriptions.

How is this solution different?

We focus on microalgae, which absorb carbon efficiently because of their comparatively short life cycles. We operate in nutrient polluted rivers which serve as natural bioreactors, thereby minimising operating costs. We focus on diatoms due to their silica rather than organic cell walls, which prevents biodegradation and ensures the long-lived nature of carbon sequestration in river sediments.