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Writer's picturesebmanhart

❓Should individuals pay for carbon dioxide removal (#CDR)?



One way to think about individual contributions is carbon footprints. The average annual carbon footprint for a person in the #EU is 6.8 tonnes and in the #US it is 16 tonnes: significantly higher than the global average of 4 tonnes. For any individual, the priority should be reducing this amount. Beyond that, there is a strong case that individuals should also make financial contributions to CDR.


How should individuals pay for CDR?


👣By calculating their #carbonfootprint, individuals can determine how much they should contribute financially towards emissions reductions, CDR, and climate initiatives.


✈️The emphasis should be on prioritizing emission reduction rather than relying solely on offsetting. Individuals are encouraged to actively reduce their carbon footprint. For example, an individual taking one less long-haul flight per year produces an average reduction of 1.68 tonnes of #CO2.


💸For #emissions that are difficult to reduce, individuals can make a financial contribution to high durability CDR for the remaining amount. Relying solely on carbon offsets as a means to achieve climate targets is not a sustainable approach.


💰The cost remains high: assuming a cost per tonne of $300, the average US citizen would have to pay up to $4,800 and the average EU citizen up to $2,040 annually.


What are the specific platforms where individuals can buy CDR?


🛍Carbonfuture is a digital marketplace for high-quality carbon removal credits. We prioritize credibility and trustworthiness by connecting individuals with quality carbon removal suppliers and focus on engineered carbon removal methods such as biochar carbon removal (#BCR).


🌍While you cannot buy directly through Puro.earth, they can connect you with suppliers selling through Puro.earth such as Aperam or Sonnenerde GmbH. Puro.earth provides third-party independent verification to uphold environmental safeguards.


🔎 Abatable is a marketplace for CDR. Its transparent assessment evaluates the quality of removals.


When it comes to addressing carbon emissions, individuals have a role to play in mitigating their impact on the environment. While aggressive decarbonization efforts are crucial, there may still be residual emissions that are challenging to eliminate completely. In such cases, financial contributions to CDR can contribute to achieving #netzero targets.


What do you think is the role of individual consumers? How much should individuals pay for CDR and why?

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