Keeling Curve

Primary Project Category:

Name of Project:

Year Project Originated:

Impact on Underrepresented Groups:

New York City faces increasingly serious public health and extreme weather risks as a result of climate change. 40% of New Yorkers are at risk for either primary or secondary displacement, and many of those displaced people live in low-income neighborhoods (https://rb.gy/or351d). 

The NYC DAC Hub project is uniquely positioned to empower NYC’s urban communities underrepresented in the climate conversation because of our hyperlocal focus and innovative revenue share model. Unlike other DAC projects in rural locations, our systems are designed to work indoors without retrofits. By distributing units across a network of buildings, we can achieve comparable scale to DAC facilities with a far smaller footprint and increased cobenefits such as improved local air quality, new green collar jobs and the expansion of DAC technology beyond traditional geographic confines. Plus, by deploying our systems in city buildings and affordable housing developments, we can not only bring these coebenfits directly to these communities but also accelerate decarbonization retrofits via revenue share of credit sales. For each capture credit sold, Thalo will share revenue with the participating buildings, opening up a new revenue stream to be invested towards decarbonization retrofits that would otherwise remain underfunded.

Website:

https://thalolabs.com/

Mission Statement:

Thalo is a next-gen building decarbonization platform on a mission to turn cities into net carbon sinks. We believe we can transform the built environment into a powerful tool for fighting climate change.

Link: LinkedIn:

https://www.linkedin.com/company/thalo-labs