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👀 You may well have seen Vaulted Deep’s recent $58.3M offtake deal with Frontier to deliver 152K tonnes CO2 removals. Or today's announcement that they made the top 20 finalists of the $100m XPRIZE
🔦 Today I’m spotlighting this emerging leader in permanent carbon removal - currently, #9 in CDR sales/ton globally.
HOW DOES VAULTED DEEP OPERATE?
🌾 Vaulted Deep is a carbon removal company based in Houston, Texas, using biomass carbon removal and storage (hashtag#BiCRs) to remove carbon by injecting carbon-rich organic waste deep underground for geological storage.
♻️ Their innovative approach was developed by the company that Vaulted Deep spun out of Advantek Waste Management Services LLC who has used it for oilfield waste industry, meaning Vaulted Deep emerged with a mature technology and a permitted, operating at-scale facility.
🧂 Their first site in Hutchinson, Kansas consists of 60 salt caverns, with the capacity to sequester 2-3 million metric tons of organic waste. Vaulted has already delivered over 2k tons of CDR in their first few months of operations, and are aiming to deliver 30k tons over the coming year at the site.
WHAT IS THEIR CARBON REMOVAL STRATEGY?
🔒 Vaulted Deep essentially acquires biosolids, agricultural & livestock wastes, and paper sludge that otherwise would have gone in to landfill, waterways, or spread on land to decompose - releasing the CO2. Instead, Vaulted sequesters this waste deep underground.
💵 Vaulted Deep is able to take carbon in much less processed forms, i.e. sludgy, aggregated, organic waste, which requires minimal processing enables relatively low cost capturing, processing, and sequestering - with a line of sight to under $100 cost per ton.
🌱 This strategy has the potential to drive ecological and social co-benefits due to the avoided methane emissions and local environmental pollution, and the historical injustices associated with the siting of waste disposal.
❓What do you think about this emerging CDR leader and their approach to carbon removal?
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