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Southern Hemisphere's First DAC w/ Octavia
Manage episode 372800112 series 2486110
Last week Octavia Carbon announced they are planning to build a DAC plant in the Great Rift Valley in Kenya, the first such plant in the Southern Hemisphere.
The Valley formed as a result of three tectonic plates meeting in one place. This phenomenon has created unique geology, which the entrepreneurs at Octavia feel could be an ideal place to capture and store CO2 underground.
An hour away in Nairobi, they are building commercial-scale DAC machines and planning to deploy their technology with plans to begin storing CO2 underground in 2024.
They want to leverage advantageous local renewable energy, geology, and personnel to attract global customers.
Today we’ll be talking with Octavia’s CEO, Martin Freimüller, about why Kenya is right for DAC, what they are working on now, and why the price of a DAC credit in Kenya will differ from one from the U.S.
On This Episode
Resources
Octavia’s Project Hummingbird Announcement
Connect with Nori
Nori’s other podcast Reversing Climate Change
Nori’s CDR meme twitter account
--- Support this podcast: https://podcasters.spotify.com/pod/show/carbonremovalnewsroom/support174 επεισόδια
Manage episode 372800112 series 2486110
Last week Octavia Carbon announced they are planning to build a DAC plant in the Great Rift Valley in Kenya, the first such plant in the Southern Hemisphere.
The Valley formed as a result of three tectonic plates meeting in one place. This phenomenon has created unique geology, which the entrepreneurs at Octavia feel could be an ideal place to capture and store CO2 underground.
An hour away in Nairobi, they are building commercial-scale DAC machines and planning to deploy their technology with plans to begin storing CO2 underground in 2024.
They want to leverage advantageous local renewable energy, geology, and personnel to attract global customers.
Today we’ll be talking with Octavia’s CEO, Martin Freimüller, about why Kenya is right for DAC, what they are working on now, and why the price of a DAC credit in Kenya will differ from one from the U.S.
On This Episode
Resources
Octavia’s Project Hummingbird Announcement
Connect with Nori
Nori’s other podcast Reversing Climate Change
Nori’s CDR meme twitter account
--- Support this podcast: https://podcasters.spotify.com/pod/show/carbonremovalnewsroom/support174 επεισόδια
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