Utilities that deliver energy can both support and benefit from an industry that sucks carbon dioxide out of the atmosphere, according to a new report from supporters of carbon removal projects.
The Carbon Business Development Council, a nonprofit that supports carbon removal, issued the analysis Tuesday with recommendations for utilities and companies that aim to lower their greenhouse emissions and boost deployment of carbon dioxide removal projects.
Options for utilities range from purchasing materials embedded with carbon for construction and maintenance to supplying clean electricity to direct air capture projects that pull CO2 from the air. Another possibility is to place carbon removal projects next to electric resources such as enhanced geothermal or advanced nuclear, according to the report.
The group prepared the document with the Carbon Business Council, a sister trade organization made up of carbon management companies. In the report, authors call energy utilities the “backbone of the modern economy.”
