Harvard professor David Keith founded Carbon Engineering to investigate direct air capture, because it was becoming increasingly clear that even bringing global emissions to zero would not be enough. We also need to remove carbon from the atmosphere to halt climate change.
Carbon Engineering now has proven technology that can suck CO₂ right out of the air. Their goal is to work with partners to build facilities that capture one million tons of CO₂ per year—the equivalent of annual emissions from 250,000 cars or the work of 40 million trees.
Currently, Carbon Engineering is building an Innovation Centre in Squamish, BC to refine their CO₂ capture process, with plans to build the world’s largest DAC facility in the Permian Basin in the coming years. Their technology can be located almost anywhere. That means they can build facilities in ideal locations that have low-cost, clean energy to power the system, or in spots where it’s easy to permanently store CO₂ underground. Even if natural gas is used to power the plant, all CO₂ emissions from the combustion process are captured and stored underground along with the atmospheric CO₂.
Essentially, their technology pulls in air, uses chemical reactions to extract CO₂, then puts the rest of the air back into the atmosphere. It’s like a human-made tree but faster, taking up less land and delivering pure, compressed CO₂ that can be stored underground or reused.
Shopify has agreed to purchase permanent carbon removal from Carbon Engineering’s Innovation Centre as a demonstration of our belief in this method, and to provide them with a new revenue stream so they can keep scaling their technology.
Squamish, BC, Canada