GreenBiz
Summary
Nat Bullard, the long-time climate writer, consultant and expert who serves on the advisory board for the energy think tank Ember, published his annual decarbonization deck last week, comprising 200 charts illustrating the state of climate tech.
The chart above caught my eye.
Although the title sounds hopeful enough, a closer look at the data is discouraging.
Despite increasingly urgent calls from the Intergovernmental Panel on Climate Change for expansion of carbon dioxide removal projects, the number of commercial-scale operating systems has hardly budged in the last six years.
What has grown is the pipeline of projects in the feasibility and development stages. But will these early-stage projects develop fast enough to matter for the climate? The chart suggests that the path from feasibility to operation is a very slow climb.
The good news is that there is a well used playbook for speeding climate tech adoption, and it shows up throughout Bullard’s presentation.
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#Decarbonization