EcoPact is sold at a range of low-carbon levels from 30%-100% less carbon emissions compared to the traditional concrete by using a circular business model by using waste from demolition of other projects
Company integrates fine mixed granulate from construction and demolition material as an additive. Concrete mix is currently available in many European and South American countries
Belfast Valley, a Baltimore-based contractor, is using EcoPact on Georgetown university 12 story residence hall building which is the first major construction project in Washington DC. to use the green products
Products formation seem to not be much different than the traditional concrete except when temperatures fall at or below freezing where concrete sets slower than traditional concrete
Contractors and developers
Governments who set sustainability goals
EcoPact to ramp up marketing the product at a larger scale
Work with cement plant where the product is being marketed to make sure supply is available
Peter Schott // pcs2144 (1) Sustainability Problem: Waste // Carbon In order to curb the effects of climate change, it is essential to phase out fossil fuel use and decarbonize the economy more broadly. Carbon removal is one solution.
(2) Charm Industrial represents a significant change to reduce the cost from $600 to $50/ton CO2e while elimination 10%+ of global CO2e in the process.
Charm partners with farmers (who grow a lot of crops) that generate biomass waste, converting the left over biomass into “bio-oil”, drilling a well, and pumping the bio-oil underground; this achieves the removal of carbon from the atmosphere “permanently, reliably and potentially on a grand scale”
This is achieved through a process called “pyrolysis,” (read: organic chemistry) producing hydrogen (that can be used in refineries or to make fertilizer/power vehicles) and “bio-oil”
The modular Pyrolyzer can be put on the edge of the farm, reducing the need to transport the biomass outside of a local area; this technology has gained attention from Stripe and Microsoft
Fortune 500 companies and beyond: who are seeking to reduce their environmental impacts as they attempt to offset their corporate emissions through carbon removal opportunities. Stripe and Microsoft to name a few.
Nonprofits and academic institutions: to provide a third party assessment of the carbon removal projects (e.g, Carbonplan) and potential analysis around the broader carbon removal market.
Lobbyists/Government: to ensure that Charm Industrial can receive federal tax credits, as only CO2 gas is recognized as a CO2e carbon removal technique.
(4) Design/Implementation/Next Steps:
Raise capital from existing investors to scale manufacturing capabilities of the Pyrolyzer machine
Manufacture one machine and dedicate it to launching a pilot on a large-scale farm to collect data and conduct research; use biomass to create bio-oil and measure components on transporation, equipment cost, potential revenue, etc. to forecast the scale-up of the business
Meet with scientists and clients to share results of the pilot program to collect feedback, with the goal of creating a pitchbook for future investors
While a lot of companies are addressing offsetting efforts with a focus on individual (retail/consumer) efforts, few are focusing on helping small businesses and other larger institutions in their offsetting and sustainability efforts. My last post focused on a company “Tickr” that helped individuals pick and choose investments that abided by their sustainable and environmental inclinations.
https://www.bizjournals.com/atlanta/news/2020/08/07/08-07-20-a-cloverly-50onfire.html This week I am discussing a new company called Cloverly which is an API-first plug-in focused on providing offsetting efforts for companies and other small businesses. The company demonstrates how much carbon is utilized in the life-cycle of a product sold. With an “activity” focused model, Cloverly calculates emissions from shipping, packaging, transportation, etc. A focus on “everyday” activities gives Cloverly the power to help small businesses understand which parts of their regular day-to-day business has the largest effect on the environment and empowers those businesses to make offsetting decisions based on those calculations.
The main stakeholders for this technology are SMEs (small and medium enterprises). The technology relies on adoption by SMEs to track their carbon emissions and make informed decisions on ways to offset those emissions. Further, the company is making profit from the tool itself, not the actual carbon offsetting purchases the businesses are making.
The company needs to have a really strong sales pitch focusing on both the utility of offsetting projects and the need for companies to monitor their carbon emissions. As the company provides both as a service, it is only necessary for the company to sell to customers who may need 1 or both of these APIs. I think tying offsetting as a solution to carbon emissions is a very powerful tool for this company as it convinces potential clients that Cloverly can both identify a problem and provide a solution for the users of their technology.