Interesting article Joe, and things look positive for BCRs. You focused mainly on the carbon value here and also the feedstock issues, but didn't mention anything about the demand for biochar itself (as a product). The robustness of the credits needs it to be sequestered, and that means someone ploughing it into their soil. While quantities being produced are still relatively low, this can be absorbed and this provide robust sequestration route. But as things scale, will the demand be able to keep up to absorb the larger volumes? Or is this potentially a risk to BCR issuance?
Charlie - appreciate that. And totally agree that farmer uptake will be an issue. From what I've heard many farmers are rejecting Biochar, and companies that bake sales for farmers into their business models are having to write those off, and pass on higher costs to credit customers. It remains to be seen what happens when Biochar is being produced at truly industrial scale, and whether other storage options are validated by buyers and verifiers.
So yes, you're right that it's a major risk, but I remain open-minded about other storage options. Depends what the science says over the next few years
Interesting article Joe, and things look positive for BCRs. You focused mainly on the carbon value here and also the feedstock issues, but didn't mention anything about the demand for biochar itself (as a product). The robustness of the credits needs it to be sequestered, and that means someone ploughing it into their soil. While quantities being produced are still relatively low, this can be absorbed and this provide robust sequestration route. But as things scale, will the demand be able to keep up to absorb the larger volumes? Or is this potentially a risk to BCR issuance?
Charlie - appreciate that. And totally agree that farmer uptake will be an issue. From what I've heard many farmers are rejecting Biochar, and companies that bake sales for farmers into their business models are having to write those off, and pass on higher costs to credit customers. It remains to be seen what happens when Biochar is being produced at truly industrial scale, and whether other storage options are validated by buyers and verifiers.
So yes, you're right that it's a major risk, but I remain open-minded about other storage options. Depends what the science says over the next few years
https://nanonuclearenergy.com/about-us/
May be interesting to you.