Carbon Removal Newsletter Issue n#7

Pick of 10 jobs, CDR.fyi Year in Review and spotlight on CTVC

Author

Olivia de Csillery
January 20, 2023

The Carbon Removal Jobs Newsletter

Hello! 

The chances are that if you are signed up to this newsletter, you are thinking about moving your career into the world of climate. This week, we were inspired by people who traded in their traditional careers to help save the planet - listen here to the experiences of a restaurant critic, Shell geophysicist, travel executive and more who made the shift.

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In this newsletter, you’ll find some of the latest jobs found by Carbon Removal Jobs as well as:

  • Our top job picks since our last edition

  • The biggest news stories from the industry

  • A great CDR project that needs highlighting

  • The best resources for job-seekers

Feedback? What works and what doesn’t in the newsletter? Is there anything you’d like to see next time? Any parts you skipped over? Please reply to this email!

Now onto the good stuff...

10 awesome jobs in CDR 💼

In each edition, we pick out 10 of the 100+ jobs that are added to Carbon Removal Jobs between issues. Find all open roles on the site or catch every new role on our Twitter.

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Staying updated on carbontech 📰

CDR.fyi have introduced their first-ever Year in Review, giving a fantastic overview of our budding industry - growth has been tremendous but the industry is still in its infancy.

  • Carbon removal purchases grew by a whopping 533% this past year (to 593k tonnes purchased). Deliveries of carbon removal also grew but at a more modest rate of 130% to 36.8k tonnes. Constrained supply means the market is still centred on pre-purchases. 

    • Reminder: 593k tonnes of purchases still only represents 0.00006% of our 10Gt 2050 goal

  • The majority of purchases were for Biochar (40%), followed by mineralisation (27%), and DAC (20%). Newer technologies are also on the map, such as macro-algae (2%) and biomass removal (5%). To date however, deliveries of CDR remain heavily concentrated in biochar (87%), biooil (9%) and enhanced weathering (4%). It’s worth noting that CDR.fyi only considers engineered removals so nature based solutions are not taken into account.

  • There are 115 known companies that have bought high permanence CDR: the top purchasers include Airbus, Shopify, Swiss Re and UBS Financial. Robert Höglund warns that there are not enough corporate buyers and raises the question of whether in 2023 amid fears of recession growth amongst this segment could slow

  • Top marketplaces are Puro, Carbonfuture, Watershed and Supercritical

  • The top suppliers of CDR so far include: Douglas County Forest Product, Wakefield Biochar, Freres Biochar, Charm Industrial and Oregon Biochar solutions. Unsurprisingly, the top 10 are dominated by biochar providers.

Watershed, the number 3 carbon removal marketplace, have partnered with Frontier, the advance market commitment, to broaden access to permanent carbon removal

This partnership will make it easier for companies of all sizes and from all sectors to buy into the most promising permanent carbon removal pathways and integrate higher quality carbon removal into their corporate climate program. Frontier’s advance market commitment aims to accelerate the development of permanent carbon removal by guaranteeing future demand.

For a couple of great new explainers on CDR and why it is urgent, check out Bloomberg’s 15 minute video and Carbon Gap, Clean Air Task Force and Bellona’s great two page factsheet

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Giving CDR projects their flowers 💐

As we’ve spoken about in our flowers section before, attracting investment today might be the single most important step to unlocking the climate solutions needed for tomorrow. But the individuals that hold the keys to that capital cannot send money our way simply because it seems like the right thing to do. Instead they need reassurance that their investments are wise. That means tracking the trajectory of the industry, identifying underinvested segments, staying on top of key trends and generally being abreast of what’s important in the space.

CTVC aims to fulfill all of these requirements and more through its website and newsletter. Over 30,000 people are now subscribed to their newsletter while their insight reports are widely shared across the industry. The latest of which has quickly become the authoritative take on the carbon industry’s capital development showing that the investment has multiplied by 2.4x since last year (interestingly, investment in the climate sector as a whole slowed down in 2022, explained by a drop off in ‘mega-deals’ within the largest segments like energy). Be sure to check them out for top-tier insights and also check out their job-board with opportunities across the climate space.

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Top resources for job-seekers

A running list of resources that we have found helpful for finding a career in carbon removal. Reply to this email if you have any further suggestions.

  • Airminers Community - Slack community of founders, scientists, investors working on mining carbon from the air. 

  • Airminers Boot-up - Brilliant way to get learned on CDR. Join a cohort and form a reading group that takes you through the basics of the industry.

  • Work on Climate - Slack community dedicated to helping those find a job in climate (plus events and more)

  • Terra.do - App for all things work in climate related. Includes university style courses, networking opportunities and more.

  • Open Air Collective - Crack-team of activists working to advance the CDR industry. The best place to get involved in a carbon removal project today.

  • Carbon Curve substack - High quality, in-depth interviews and takes from the industry. Na’im also regularly shouts out job opportunities he finds.

  • Climatebase - A job board for the climate industry as a whole as well as offering a fellowship and other career-boosting services. Sometimes difficult to find carbon removal jobs. 

  • Nori Podcast- Highlights the resources above and provides personal experience on pursuing a career in carbon removal.

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