Thursday
November 30
2023

Analysis: Why Biomass Removals Credits like Biochar Are Luring Investors

Storing carbon in living biomass has long been touted as a solution to climate change, but as successive scandals and concerns about destruction by wildfires has dampened the market for tree-planting credits, many believe that storing carbon in biomass that is already dead is a safer bet.

Collectively known as biomass carbon removal and storage (BiCRS), the term covers a range of processes that use biomass from plants or algae to remove carbon dioxide from the air and then store it permanently, either underground or in long-lived products.

Photo courtesy of Owen Allen.

Source: Reuters (link opens in a new window)

Categories
Environment, Investing
Tags
climate change, decarbonization