Carbon Capture: CO2 Mineralization Storage 🪨

In partnership with

Hey EkoGems,

This week, buckle up as we dive into why Alaska might be eyeing natural gas imports from British Columbia. Plus, discover groundbreaking CO2 mineralization storage initiatives happening in Canada.

• CO2 Mineralization

• SSS 🌍

• Venture Building ⚙️

• Alaska Gas Shortage 🪫

• EkoGlo🌿📖

And guess what? We've got an exciting addition to our newsletter – introducing the EkoGlo! 📚 Come expand your eko-vocabulary with us.

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CO2 Mineralization

Deep Sky and Carbfix are pioneering CO2 mineralization storage in Canada, aiming to revolutionize carbon capture by turning CO2 into stable mineral forms using Quebec's unique geological features.

Understanding CO2 Mineralization

CO2 mineralization, or carbon capture and storage (CCS) via mineralization, transforms CO2 into stable mineral forms by reacting it with specific rocks. This method mimics and expedites the natural geological carbon sequestration process, effectively sequestering CO2 for thousands of years.

Image of CO2 mineralization at an industrial scale 

The partnership plans to implement this by selecting appropriate sites, injecting captured CO2, and scaling up to demonstrate the feasibility for broader industrial use, thereby contributing significantly to carbon emission reduction and climate mitigation efforts.

Sustainability Sentiment Score (SSS)

The SSS is looking similar to last week's - three of our four markets are looking healthier, while the Voluntary Carbon market continues to be unpredictable. The exciting news is that work is being done to amend the policies that contribute to the Voluntary Carbon market's volatility.

Specifically, Article 6 of the Paris Agreement, which was originally intended for countries to work together in creative ways to fight climate change, making sure their actions are transparent and lead to genuine improvements.

Article 6 is being refined to improve international climate cooperation. Proposed amendments focus on enhancing transparency in carbon credit exchanges under Article 6.2, operationalizing a UN mechanism for carbon crediting in Article 6.4, and implementing non-market strategies in Article 6.8.

These efforts aim to make the mechanisms more effective, equitable, and supportive of sustainable development in line with global climate goals.

Venture Building Note of the Week

Elevate the power of feedback in our innovative processes.

This week, let’s actively seek out and welcome constructive criticism from all corners—team members, partners, users, and even our critics.

Embrace these insights as invaluable tools that sharpen our solutions and strengthen our strategies.

Encourage open dialogues and foster a culture where feedback is seen as a gift, propelling us toward excellence.

By being receptive to diverse perspectives, we ensure our ventures are not only robust but also resonate well with those we aim to serve.

Here's to a week of listening, learning, and leveraging feedback to refine our path forward.

Let’s turn insights into action and transform good into great.

Alaska Grapples with Gas Shortage 🪫

Alaska is facing a significant natural gas shortage, primarily due to dwindling local supplies in the Cook Inlet region, which has been the main source of natural gas for the state. The looming shortfall is expected to become critical by 2027 or 2028.

This situation is driven by the depletion of easily accessible gas reserves and a lack of new drilling initiatives by the major producer, Hilcorp, which has signaled it may not be able to meet future gas supply contracts after the current ones expire​.

Proposed solutions to the crisis vary widely, from exploring new drilling opportunities in Cook Inlet—though this comes with considerable risks, high costs, and regulatory challenges that deter potential investors—to constructing an ambitious 800-mile, $43 billion pipeline from the oil-rich North Slope. However, the most feasible short-term option appears to be importing liquefied natural gas from British Columbia for the Railbelt region.

Recent extreme cold snaps have exacerbated the situation, with increased demand putting additional pressure on the already strained supply, leading to concerns about the stability of energy provision in the near future.

EkoGlo🌿📖

Hey there, it's Eko the Explorer here with some exciting updates for you! 🌍

Introducing... drumroll... EkoGlo! 🌟 Short for Eko Glossary, it's your go-to guide for all things climate-related, packed with easy-to-understand definitions.

Our mission? To sprinkle some educational magic into your ekojourney!

🌿 Visit our website to read all definitions.

📚 #EkoGlo #ClimateEducation

Decarbonisation Definition

Decarbonisation refers to the process of reducing carbon dioxide emissions from human activities, primarily by shifting away from fossil fuels towards renewable energy sources.

This strategy is vital for mitigating climate change and achieving global sustainability goals. It involves advancements in renewable energy, enhanced electrification, and the implementation of carbon capture technologies.

Learn more about decarbonisation at ClimateDoor Glossary.

THOUGHTS ON TODAY’S ISSUE?

Wrapping Up Our EkoLearning! 🌿

Remember, Every Little Bit Helps on Our Journey to a Greener World!

Stay Green until Next Thursday... 🌱💚

– Eko