Comparative Analysis of Carbon Removal Solutions

Open
Wood Mackenzie
Calgary, Alberta, Canada
Employer
3
Project
Academic experience or paid work
60 hours of work total
Learner
Anywhere
Intermediate level

Project scope

Categories
Mechanical engineering Chemical engineering Environmental sustainability Economics Scientific research
Skills
analytical thinking research
Details

The project aims to provide a comprehensive understanding of the differences between nature-based and technology-based carbon removal solutions (CDR). As climate change becomes an increasingly pressing issue, companies like Wood Mackenzie are exploring various methods to mitigate carbon emissions. Nature-based solutions typically involve leveraging natural processes, such as reforestation and soil carbon sequestration, to absorb carbon dioxide from the atmosphere. In contrast, technology-based solutions include advanced methods like direct air capture and carbon mineralization. The goal of this project is to categorize and analyze these solutions, highlighting their effectiveness, scalability, and potential environmental impacts. By doing so, learners will apply their classroom knowledge of environmental science and sustainability to real-world challenges, gaining insights into the practical applications and limitations of different CDR strategies.

Deliverables

The project will include a review of many of the world's announced carbon dioxide removal (CDR) projects and to delineate between nature and technology based projects. Further information about the projects will be searched out and categorized.

Mentorship
Domain expertise and knowledge

Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.

Skills, knowledge and expertise

Sharing knowledge in specific technical skills, techniques, methodologies required for the project.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

Supported causes

The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.

Climate action

About the company

Company
Calgary, Alberta, Canada
1000+ employees
Energy, Advanced manufacturing, Banking & finance, Environment, Clean technology

We are a global leader in commercial intelligence for the energy natural resources sectors, empowering clients to make better strategic decisions, by arming them with objective analysis and advice on assets, companies and markets.Β 

Our dedicated oil, gas, power, renewables, chemicals, metals and mining sector teams are located around the world, and deliver research and consulting projects based on our assessment and valuation of thousands of individual assets, companies and economic indicators such as market supply, demand and price trends.Β 
At every stage, we apply a unique and rigorous analytical approach to provide objective analysis and advice that is valued by industries across the world. As a result, we can count the world’s key energy institutions and governments among our most loyal clients.