First Gigaton Captured
Accelerating carbon capture innovation
Insight Brief #3: E-Fuel
Decarbonizing Aviation with Sustainable Drop-In Fuel Alternatives
In a circular, net-zero economy, reutilizing carbon from carbon capture will be a critical ingredient for the manufacturing of chemicals, fuels, and plastics that are not derived from petroleum.
This is particularly true for the hard-to-abate sector of aviation, where CO2 from carbon capture is a key ingredient in e-fuel synthesis.
In our latest insight brief, explore Third Derivative's techno-economic review of e-fuels, and a proposed pathway for achieving <$4/gallon, which can be cost competitive with conventional fuels.
D3’s Carbon Capture Cohort
We’ve launched a deeply-resourced Carbon Capture Cohort to support the market’s most-promising carbon capture startups with deployable and high impact carbon capture solutions.
Startups of the cohort will receive invaluable support from scientific and market expert mentors, corporate partner relationships to help signal market demand, and direct funding opportunities to help advance high-impact systems to integrated pilot scale.
D3’s bespoke curriculum of targeted connections and coaching features:
- Remote, flexible, tailored programming
- Facilitated dealmaking
- Access to unparalleled market research and insight
- An optional $100k convertible note
Who Qualifies for First Gigaton Captured?
Startups that qualify for First Gigaton Captured span carbon dioxide removal methods including, but not restricted to:
- Direct Air Capture
- Bio-Energy with Carbon Capture and Storage
- Carbon Mineralization
- Enhanced Weathering
- Ocean-based carbon dioxide removal
The technology selection criteria are as follows:
- Techno-economic projection showing fully levelized cost to <$100/t removed at million ton/year scale
- No fundamental techno-economic barrier to gigaton-scale capture
- 1,000+ year permanence
- Net carbon negative
- Do No Harm to ecological systems
Qualifying start-ups will have these features:
- For-profit companies
- At least 2 full-time employee
TRL 4+, lab-scale performance data should be available
First Gigaton Captured
We’ve joined forces with The Jeremy and Hannelore Grantham Environmental Trust to launch First Gigaton Captured to build a new ecosystem to rapidly deploy, scale, and commercialize viable carbon removal solutions.
The IPCC 1.5°C report shows that to avoid large-scale climate catastrophe, we may need to remove 2 billion to 20 billion tons of CO2 from our atmosphere per year starting in 2050—in addition to slashing emissions. First Gigaton Captured is an initiative to find, fund, and scale the most promising carbon removal startups and solutions around the world by uniting focused capital, corporate partners, and investors with this common goal.
Become a First Gigaton Partner
We’re seeking mission-aligned corporate and investor partners to join the FGC initiative and support our incoming carbon capture cohort. Fill out the form above to express your interest.
Insight Brief #2: Scoping the Need for Direct Air Capture
As the climate crisis evolves, we need to understand the full landscape of options to make the most prudent and cost-effective decisions to avoid catastrophic global warming.
In this insight brief authored by RMI experts (part two of our series), learn about the different types of carbon dioxide removal and where direct air carbon capture and storage (DACCS) fit in the landscape. Our partners at RMI recommend that we begin investing in de-risking DACCS now in order to have the option for large-scale contributions by 2050.
Insight Brief #1: Direct Air Capture
Capitalizing on the Defining Decade for Technology Development
Engineered technologies for carbon removal are in their early stages of maturity.
But the 2021 IPCC report indicates that we may need 2 –20 gigatons (Gt) per year of CO2 removal, requiring an all-of-the-above approach to the problem. Direct air capture, or DAC, is one such engineered solution that could provide an “insurance policy” for the climate.
In this insight brief, learn about opportunities for innovation and scaling that could reduce the cost of DAC by an order of magnitude to close to $50 per ton of CO2 removed.