Why is carbon removal important?
The global production of excess carbon dioxide has placed planet Earth into dire trouble. While countries commit to net-zero carbon emission by reducing reliance on fossil fuels, we must also remove carbon from our atmosphere and achieve negative carbon emissions to restore environmental balance.
The Intergovernmental Panel on Climate Change (IPCC) states it requires a combination of strategies to remove carbon.
- Enhance existing natural processes that remove carbon from the atmosphere
- Use new technologies to capture CO2 directly from the ambient air
Carbon removal impact on emissions
Source information: stripe.com/au/climate
In partnership with traditional landowners and regional communities, we are committed to capturing, storing and repurposing gigatonnes of CO2 in non-arable land to restore balance to our environment for years to come. Our projects aim to create jobs, grow skills and support Australia’s economy now and in the future.
Southern Green Gas has partnered with industry leaders to address climate change and deploy world-class Direct Air Capture technologies across Australia.
As we revolutionise carbon capture methods opportunities expand to future national and international markets.
“SGG DACs will increase our ability to bring down the costs per tonne of carbon to a competitive level to take removal to a megatonne scale within the next decade, and gigatonne scale the decade following.”
Australia has the capability to become a global leader in a billion-dollar industry. Large companies such as Microsoft, Stripe, Meta, Alphabet, McKinsey and Shopify are investing in DAC-based Carbon Removal Certificates by purchasing them over trading platforms such as NASDAQ’s Puro.earth.
AspiraDAC and Southern Green Gas are currently producing the world’s first solar-powered DAC project of one tonne per day (tpd), or 310 tonne per annum (tpa), which has been made possible by funding from the Australian Government’s Carbon Capture Use and Storage Development Fund (CCUS).