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jeffdavis | 5 years ago

I read about project vesta on HN a while back, and it seemed promising. Why do these approaches not get more attention?

Project vesta has the additional benefit that it works directly on the oceans, which may be the more pressing problem.

discuss

mdorazio|5 years ago

I'm donate to project vesta yearly. Personally, I think the lack of attention is due to its relatively slow pace (compared to the typical news cycle) and the fact that it's simply not going to ever be a revenue generator.

ProjectVesta|5 years ago

We have already generated $250,000 in revenue from our first customer, Stripe. '

See their blog post announcement: Stripe’s first negative emissions purchases https://stripe.com/blog/first-negative-emissions-purchases

Our post: Stripe and Project Vesta, and what this means for us https://projectvesta.org/stripe-and-project-vesta-and-what-t...

Reuters coverage of the purchase: Stripe picks $1 million in carbon-removal projects to spur industry https://www.reuters.com/article/climate-change-stripe/stripe...

jeffdavis|5 years ago

What is the financing and implementation plan? Will it be donor-funded, publicly-funded, or are they looking into some revenue options?

If I donate now, what will the money be used for? Will it put green sand on beaches, or be used for bureaucratic paperwork, or be used for marketing to raise awareness?

ipsum2|5 years ago

> not going to ever be a revenue generator.

They could sell carbon credits to companies.

ProjectVesta|5 years ago

Thank you for your kind words! We have been getting a decent amount of attention lately, but we are very much heads down, working on our science and deployment of our experiments. We announced in April, on Earth Day, that we have found a pair of bays in the Caribbean where we will run our first experiment(s). And in May, Stripe announced their selection of CDR purchases and we were selected for 3333.33 tonnes @ $75.

There was a lot going on in the world at the time when it was announced (and for whatever reason Stripe's post or the following article didn't receive traction on HN), but that announcement made it into Reuters-> Stripe picks $1 million in carbon-removal projects to spur industry https://www.reuters.com/article/climate-change-stripe/stripe...

This was our first bigger article, that came from our poster in December at the American Geophysical Union with our plan to take our coastal enhanced weathering "from the lab to the beach"-> Could putting pebbles on beaches help solve climate change? https://www.sfchronicle.com/environment/article/Could-puttin...

Recently, we were in MIT Technology Review - How green sand could capture billions of tons of carbon dioxide https://www.technologyreview.com/2020/06/22/1004218/how-gree...

Fast Company -> Ever been to a green sand beach? The newest geohack to fight climate change https://www.fastcompany.com/90510254/ever-been-to-a-green-sa...

Popular Mechanics -> How This Strange Green Sand Could Reverse Climate Change https://www.popularmechanics.com/science/environment/a327992...

Inhabit -> Can manufacturing green sand beaches save our planet? https://inhabitat.com/can-manufacturing-green-sand-beaches-s...

And more are on the way! That said, we are working really hard right now to have our pilot projects and foundational research completed, published, peer-reviewed, and CDR process certified in time for the UN IPCC's first global stocktake in 2023. At that time, countries will have to take account for how they will meet their targets and update their plans. We are working to make sure our process is ready to go by then for deployment.

>"The Paris Agreement offers a dynamic but durable framework for increasing climate action over time. One of the sources for this dynamism is the “global stocktake“ – a moment every five years for all countries to pause and account for what has been achieved so far, and what must still be done, to achieve the goals of the Paris Agreement." https://www.wri.org/blog/2017/05/insider-designing-global-st...

ncmncm|5 years ago

Can you please explain where all the olivine is found? I can't think where I have seen any amount of it, other than on a few beaches in Hawaii. Descriptions of the project seem to suggest it is extremely abundant somewhere. Where?