Podknife - Techno-Economic Assessments of Carbon Removal Startups–w/ Grant Faber of Carbon-Based Consulting by Reversing Climate Change

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Techno-Economic Assessments of Carbon Removal Startups–w/ Grant Faber of Carbon-Based Consulting

Podcast |: Reversing Climate Change
Publisher |: Nori
Media Type |: audio
Podknife tags |: Business,; Climate Change,; Interview,; Natural Sciences,; Science & Medicine,; Technology
Categories Via RSS |: Technology
Publication Date |: Oct 21, 2022
Episode Duration |: 00:47:24

Does the carbon removal tech you’re developing have a shot at being cost-competitive in the real world? How might you reduce the cost of a given CDR technology? And how do you convince government funders or investors that your carbon removal idea is viable?

A techno-economic assessment or TEA answers these questions.

So, what is involved in conducting a techno-economic assessment? And how might it help a startup improve the economic performance of its climate tech and maximize its impact?

Grant Faber is Founder and President of Carbon-Based Consulting, a firm that offers techno-economic assessments, early-stage emissions accounting, and market research for startups, investors, and environmental nonprofits in the CDR and CCUS space.

On this bonus episode of Reversing Climate Change, Grant joins Ross, Siobhan, and Asa to explain why an understanding of economics is crucial in carbon removal and how a TEA helps us determine the cost per tonne of carbon removal.

Grant walks us through the concept of learning rates, discussing why different technologies have different learning rates, and how founders might apply these principles to reduce costs.

Listen in for insight on the potentially arbitrary nature of life cycle assessments and learn how Grant can help your organization accelerate the commercialization of carbon removal technology.

Connect with Nori

Purchase Nori Carbon Removals

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Resources

Carbon-Based Consulting

Grant on LinkedIn

Air Miners

Global CO2 Initiative