Biochar has emerged as the most accessible and scalable permanent CDR pathway. With an average spot price of $194, it’s the cheapest removal method after nature-based solutions, which average $27. This places it well below the other removal methods in our marketplace: Mineralization — $289 ERW (Enhanced Rock Weathering) — $299 Building material — $425 #Biochar also dominates in terms of availability, accounting for nearly 50% of engineered removal solutions listed on our marketplace. Between its price, availability, co-benefits and permanence, biochar is the most mature and at-scale permanent, engineered carbon removal category. It’s the closest permanent category to the long-term target of sub-$100 per tonne that many categories aspire to. However, it’s not perfect, the market is highly fragmented — most of the producers are small-scale projects owned by private entities, which makes transparent market data, vetting, and monitoring a major challenge. As the market is still nascent, reliable market information is invaluable for new and experienced buyers alike. Our latest report synthesizes a snapshot of our upcoming live biochar marketplace data into a series of insights we hope will help buyers make more informed purchasing decisions. Download the full report in the comments. 👇
This data is so great to have visibility on! Even I am surprised at some of these
Read the full report: https://eu1.hubs.ly/H09VhbD0