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A startup using minerals to draw down CO2 has scored funding—and its first buyer

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A startup using minerals to draw down CO2 has scored funding—and its first buyer

Photo: Limestone formations in Turkey. Photo by Arns Civray on Unsplash. Article . MIT Technology Review – May 26, 2021.

Heirloom Carbon Technologies believes it can pull off carbon removal for $50 a ton, and aims to remove one billion tons by 2035.

A new startup is relying on minerals to pull carbon dioxide out of the air, in one of the first commercial efforts to deploy what’s known as enhanced weathering to slow climate change.

Heirloom Carbon Technologies says it could do carbon dioxide removal for $50 a ton once it reaches commercial scale, which would come in well below the estimates for other industrial approaches. Its goal is to remove 1 billion tons of the main greenhouse gas fueling climate change by 2035. […]

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