SustainNOW Podcast - Exploring Climate Solutions with Innovators and Entrepreneurs
loading...
October 11, 2023 3:00am
37m
Stephanie Bischof, Managing Director of AirFix, shares insights into the growing field of Biomass Carbon Removal and Storage (BiCRS), a critical solution to reducing carbon emissions and mitigating climate change. With over a decade of experience in corporate finance, Stephanie transitioned into the climate field after being inspired by a documentary on soil health. Since 2022, she has been leading AirFix, a company focused on developing carbon capture infrastructure and creating markets for negative emission technologies in Switzerland and across Europe.
BiCRS focuses on capturing and removing biogenic CO2, which comes from the combustion of biologically based materials, such as those from the paper industry, biomass power plants, and waste-to-energy facilities. Unlike fossil fuel emissions, biogenic CO2 is part of the natural carbon cycle. When captured and stored, it results in a net reduction of atmospheric CO2, making it an effective method for offsetting emissions in key industries.
AirFix’s mission is twofold: to accelerate the growth of the BiCRS market in Europe and to remove 5 million tonnes of CO2 over the next 10 years. The company advises emitters on carbon removal strategies, connects them with specialists, and helps build the necessary supply chains. AirFix is currently working on its first major project, which aims to remove 21,800 tonnes of CO2 over the next 5 years.
In this episode, Stephanie delves into the complexities of CO2 capture, including the logistical challenges and costs involved. She discusses the role of Carbon Dioxide Removal (CDR) credits in helping companies meet sustainability targets and the regulatory landscape for carbon capture. The conversation also explores the potential of scaling the CDR industry, the challenges of transporting and storing CO2, and the broader market for carbon removal solutions. Stephanie shares her vision for AirFix’s future, providing valuable insights into how carbon removal technologies can drive real change in the fight against climate change.
loading...