Frontier buys $31M worth of antacids for the ocean

Carbon Removal Clearing House founded by Frontier, Google, Strip, Shopphi and others has announced today that it is buying 115,208 metric tons of carbon removal credit from the geonering startup Planetary In a contract worth $ 31.2 million.

Where most Border Till today deals bought carbon from specialized startups Capture the air directly, Extended weatherOr Bonerji with carbon captureThis is the first to increase the alkalinity of the sea with the company’s contract with the planet.

This agreement effectively prices each metric ton of carbon at $ 270, though the planetary says that the carbon is planned to be removed at a lesser price per metric ton per metric ton. At full risk, sea alkaline enhancement annually can remove 1 billion metric tons of carbon dioxide.

Over the decades, the oceans absorb carbon dioxide from the atmosphere and the effects of climate change are damp. It slowed the speed of global warming, but it would endanger many marine organisms, including Coral And ShellfishWhich depends on alkaline water to help them create and maintain calcarous shells and skeletons.

The oceans of the world are naturally somewhat alkaline. Olitically tihassically, was one of them PH of 8.2However, since the beginning of the Industrial Revolution, it has declined at 6.5. It doesn’t sound too much, but PH’s logarithic scale means oceans are now 30% more acidic in the early 1800s. When carbon dioxide reacts with water, it produces carbonic acid.

Planetary is currently the same substance used in over-the counter antacids, using magnesium hydroxide to increase alkali. The agency has added it to waste water treatment facilities and power plants, sites that are already seizing water in the sea. It helps reduce the disruption to the coasts and it helps keep the planet’s costs low.

The startup currently has two projects, one in Nova Scotia and the other in Virginia.