Funding
Funding not disclosed
Founders
Product
Problem
The escalating climate crisis necessitates large-scale carbon dioxide removal (CDR) solutions that are both effective and economically viable. Current methods often face limitations in scalability, cost-efficiency, or permanence of sequestration.
Solution
Olivine Earth leverages the mineral olivine to implement multiple carbon dioxide removal pathways, addressing the urgent need for substantial CDR. The company deploys olivine through enhanced rock weathering (ERW) on agricultural lands to rejuvenate soils and sequester atmospheric CO2. Additionally, coastal enhanced weathering (CEW) utilizes olivine sands in infrastructure projects to combat ocean acidification and capture carbon. For industrial emissions, Olivine Earth offers modular units that chemically convert CO2 into stable mineral salts via a proprietary sorbent process, providing a permanent sequestration solution. These diverse applications aim to achieve significant carbon removal at scale.
Target Audience
The primary target audience includes agricultural enterprises seeking soil rejuvenation and carbon sequestration, coastal infrastructure developers, industrial facilities with significant CO2 emissions, and entities focused on climate change mitigation and carbon removal markets.
Features
- Enhanced Rock Weathering (ERW): Application of fine-grained olivine on agricultural lands to enhance soil health and sequester atmospheric CO2.
- Coastal Enhanced Weathering (CEW): Integration of olivine sands into coastal infrastructure, utilizing natural wave and tidal action to increase alkalinity and capture CO2.
- Industrial Carbon Capture and Storage (CCS): Modular, on-site units employing a proprietary sorbent to convert CO2 into permanent mineral salts, with a capacity of up to 10 tonnes of CO2 removal per day per unit.
- Access to substantial olivine reserves: The company has access to an estimated 100 billion tonnes of olivine rock, enabling large-scale CDR operations.
- Multiple CDR pathways: Development of both nature-based (ERW, CEW, Ocean Alkalinity Enhancement) and technical (CCS, Direct Air Capture) CDR methodologies.
- Economic viability: Many pathways are designed to be economically feasible without reliance on carbon credit sales, supported by commodity offtake contracts and traditional project finance structures.