CO₂ Removal (CDR)
The agriculture industry encompasses the production of goods via the cultivation of plants and livestock. The energy transition emphasises more sustainable methods of cultivation and farming practices. It also creates competition between various submarkets in the industry, as the production of polymers and fuels arise from feedstock such as waste materials and food crops.
0.1%
of CO2 emitted globally is captured using CCS.
9 billion
Tons of global CO₂ removal required annually to meet climate targets by 2050.
30 billion+
USD invested into CDR technologies
of CO2 emitted globally is captured using CCS.
Tons of global CO₂ removal required annually to meet climate targets by 2050.
USD invested into CDR technologies
Various established and emerging CDR technologies exist with different technological readiness levels and carbon removal potentials, each possessing its own benefits and advantages
Our Focus Areas
Direct Air Capture (DAC)
PROS:
- Able to address existing CO2 in atmosphere
CONS:
- Low CO2 concentration source
- High cost
Carbon Capture & Storage (CCS)
PROS:
- Can be applied to existing carbon emitters such as power or gas processing plants, reducing emission production
- Proven technology
CONS:
- High implementation costs
- Requires strategy for storage or use
Bioenergy with Carbon Capture & Storage (BECCS)
PROS:
- Generates energy whilst removing CO2 from atmosphere – carbon negative technology
CONS:
- Land usage concerns – competition with cultivation of crops or livestock
- Feedstock supply concerns
Biochar
PROS:
- Scalable as can be made from wide range of biogenic waste
- Carbon remains in soil for long periods of time
- Relatively cheaper than other CDR
- Soil benefits – increased nutrient retention
CONS:
- Lack of controlled combustion of the gaseous emissions from its production may lead to net increase of GHG emissions due to excessive methane production
- Land use and feedstock supply concerns
- Uncertain long-term effects on soil health
- Quality depends on feedstock quality
Enhanced rock weathering
PROS:
- Improves soil health
- Rock dust can be used in coastal regions to absorb carbon dioxide and raise water pH levels
CONS:
- High costs
- Energy intensive to pulverise rocks
Market Share Size
Each year, 34 GtCO2 of CO₂ is produced globally on average. CDR technologies are currently estimated to actively remove around 6%, or 2 GtCO₂ per year. A large majority of this removal comes from conventional CDR methods like afforestation. This is in large contrast to novel CDR methods, which contribute less than 0.1% or 0.0013 GtCO₂ per year. However, novel CDR methods are growing at a more rapid rate compared to conventional methods.
Our expertise in the CDR market:
The CDR market can be difficult to navigate due to its technological novelty. etasca can aid businesses in assessing viable investment options by providing expert assessments to optimize your implementation strategies, and ensure compliance with evolving regulations to help your business achieve its sustainability goals effectively.
Commercial Advisory
etasca’s commercial due diligence is underpinned by a deep understanding of the energy and chemicals value chains, regulations and markets.
- Commercial due diligence
- Value creation and strategy
- Independent market reports
- Business model
Independent supply, demand and trade outlooks on key sustainable aviation fuels
Pricing forecasts for key sustainable aviation fuels
Knowledge around aviation industry regulations and key aviation market developments
- Commercial due diligence
- Value creation and strategy
- Independent market reports
- Business model
Independent supply, demand and trade outlooks on key sustainable aviation fuels
Pricing forecasts for key sustainable aviation fuels
Knowledge around aviation industry regulations and key aviation market developments
Technical Advisory
etasca’s technical advisory is led by chartered chemical engineers who have both prior operational experience managing plants as well as advisory experience where they have inspected and benchmarked operations.
- Technical due diligence
- Feasibility studies and technoeconomic reviews
- TRL and scale-up assessments
- Technical valuations
Deep technological know-how surrounding emerging sustainable aviation fuel technologies
Bespoke methodologies for project and asset reviews for aviation fuel suppliers, aircraft operators, and airports
CAPEX and OPEX evaluations for fuel terminal projects
- Technical due diligence
- Feasibility studies and technoeconomic reviews
- TRL and scale-up assessments
- Technical valuations
Deep technological know-how surrounding emerging sustainable aviation fuel technologies
Bespoke methodologies for project and asset reviews for aviation fuel suppliers, aircraft operators, and airports
CAPEX and OPEX evaluations for fuel terminal projects
ESG Advisory
The Environmental, Social and Governance (“ESG”) performance of a business is increasingly recognised as a key determinant of future value.
- Environmental due diligence
- ESG alignment studies
- ESIA reviews and preparations
- Carbon intensity valuations
Aircraft emissions benchmarking
Carbon intensity modelling for various sustainable aviation fuels
- Environmental due diligence
- ESG alignment studies
- ESIA reviews and preparations
- Carbon intensity valuations
Aircraft emissions benchmarking
Knowledge of environmental regulations (including equator principles)
Carbon intensity modelling for various sustainable aviation fuels