2024 KCP Application
Carbon Atlantis GmbH
Customers & Partnerships
Primary Project Category:
Secondary Project Category:
Carbon Sinks (Natural & Engineered)
Social & Cultural Pathways
Transport and Mobility
Project Summary / Description:
Drastic emissions reductions across all sectors are much needed but will ultimately not be enough to stay within the 1.5-2¬∞C target for global warming. Additionally, removing CO2 from the atmosphere is imperative, as described in the recent IPCC report from 2022. Climate science predicts that ~10 Gt-CO2e per year needs to be removed from the atmosphere by 2050 on an annual basis. The current removals of 60.000t/year require a YoY growth rate of ~67% to get to 10 Gigatons. Our purpose is to develop a scalable carbon removal solution. More specifically, we develop a next-generation Direct Air Capture system. Our approach is low-cost, modular, and highly scalable. Our energy efficiency of <600 kWh/t-CO2 translates into capturing costs well below $60/t-CO2. Carbon Atlantis was formed in Mai 2022. We want to leverage our electrochemistry, engineering science, robotics, and business backgrounds to take concrete action in the fight against global warming.
Regions of Operations:
How Project Affects Greenhouse Gas (GHG) Emissions:
Removes/stores GHGs (e.g., projects that capture, sequester, or otherwise enhance the "sinks" that accumulate and store GHGs)
Best Estimate of GHG Avoidance/Reduction of This Project (Tonnes CO2 Equivalent/Year):
Impact on Underrepresented Groups:
Jobs created in disadvantaged communities: Large deployments of our solution will likely be in rural regions, where we do not compete for land or energy usage. These regions traditionally represent disadvantaged communities. For example, we are eyeing Kenya as a possible location for our first large-scale deployment, as it offers mineral storage and renewable energy. Here, we can serve disadvantaged communities by creating local jobs for our plant operations. According to our techno-economic assessment, a 10.000t-CO2/year plant size requires 8 operators, 1 engineer, 2 technicians, and one supervisor. So a total of 12 people. Thus, for a megaton plant capacity, this will create 1200 jobs. Our company's target is to remove 500 Megatons of CO2 from the atmosphere by 2040. This would mean providing around 600.000 jobs. Assuming that with increasing scale, automation will increase to up to 80%, this will still provide 120.000 jobs- a massive opportunity for the local communities. Climate vulnerable communities: The African continent, with its prime position for solar and geothermal energy, is home to many vulnerable communities. As we plan to deploy our plants there, we aim to involve these communities and make them benefit. This means paying taxes in the respective local area and increasing public infrastructure. We also want to lead initiatives with local schools and universities to train people to work at our facilities, effectively providing access to education. We will commit to a certain quota of local communities to be employed in our local plant operations.
Research or Economic Modeling
Measurement, Reporting & Validation
Carbon Atlantis GmbH is a private, for-profit company based in Munich, Germany. In the future, we plan to operate our plants in various regions worldwide and partner with other companies or organizations to permanently store the CO2 in geological formations such as basalt. These locations include but are not limited to, Iceland, Oman, Kenya, and the USA.