a16z Podcast

The Economics of Carbon Removal with Nan Ransohoff

25 snips
Nov 30, 2022
Nan Ransohoff leads Frontier, Stripe's nearly $1B initiative aiming to catalyze the carbon removal market. In the discussion, she clarifies the crucial difference between carbon offsets and permanent removal. Ransohoff explores the pressing need to balance economic growth with carbon reduction goals. She dives into the role of policies like the Inflation Reduction Act in enhancing carbon capture tech. The conversation highlights innovative carbon removal solutions and the importance of funding and rigorous measurement for success in this emerging industry.
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INSIGHT

Carbon Equation

  • The carbon equation involves emissions, removals, and how they balance.
  • Net zero emissions by 2050 requires balancing remaining emissions with removals.
INSIGHT

Carbon Removal vs. Offsets

  • Current atmospheric CO2 levels necessitate removal, even if net zero is achieved.
  • Offsets can be broad, but permanent removal focuses on long-term storage (1000+ years).
INSIGHT

Frontier's Role

  • Frontier is a $925M fund buying carbon removal over nine years.
  • It addresses the lack of demand hindering carbon removal market development.
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