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2024 KCP Application
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Charm Industrial
Org Type
Undesignated
Year Founded
2018
Project
Company
Financials
Customers & Partnerships
Primary Project Category:
Project Summary / Description:
We wanted a pathway that satisfied three criteria: (1) 30 gigaton/year impact by 2100; (2) IRR over 20%; (3) negative lifecycle CO2 emissions. We iterated through many feedstocks (sunlight, sugar, cellulosic biomass, algae, kelp, MSW, etc.), processes (electrolysis, gasification, digestion, combustion, etc.), and products (methanol, ethanol, hydrogen, hydrocarbons, syngas, ammonia, biochar, electricity, etc.). Many of these have been tried before. For example, biomass combusted into electricity was a fast-growing industry circa 2010, but mostly went bankrupt a few years ago. Ultimately, we found one pathway that fits our criteria: cellulosic biomass thermally gasified to hydrogen.
Regions of Operations:
Southeast Asia
South Asia
East Asia
Central Asia
Middle East
North America
South America
Eastern Europe
Western Europe
East Africa
North Africa
Southern Africa
Central Africa
Oceania
Caribbean
Other Countries
Best Estimate of GHG Avoidance/Reduction of This Project (Tonnes CO2 Equivalent/Year):
Impact on Underrepresented Groups:
Our headquarters is located in an economic opportunity zone, and with our landlord we are active in the community. This helps support economic revitalization in the area. The bulk of our farming and grass cultivar development is in very rural areas in Louisiana and has the potential to increase their income and inclusion in a green future. Three out of seven of our technical engineering team are women, including a female intern.
Sub-Categories:
Renewables
Nature-based
Agriculture
Methane
Plastics
Built Environment
Energy Efficiency
Restoration
Biodiversity
Energy storage
Rural
Urban
Circular Economy
Oceans
Forests
Waste
Carbon Removal
Electric Transportation
Cooling Solutions
Technology
Advocacy
Biomass
Conservation
Clean Cooking
Environmental justice
Research or Economic Modeling
Measurement, Reporting & Validation
Communications
Link: Facebook:
https://www.charmindustrial.com/
https://www.linkedin.com/company/charm-industrial/
https://twitter.com/charmindustrial