30x growth potential in biochar supply by 2024, but 88% from low-quality projects: Supercritical's report.
Supercritical's report reveals a rapid 30x growth potential in biochar supply by 2024, but warns that 88% of new capacity comes from low-quality projects. High-quality biochar credits, in high demand at $220/tonne, are sold at a 37% discount for long-term offtake agreements. The report emphasizes the need for careful scrutiny and quality control measures to ensure the sustainability and efficiency of carbon removal efforts.
May 23, 2024
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